Berlin (VNA) – A virtual conference on trade and investmentpromotion between Vietnamese and German enterprises was held on October 15.
Speaking at the event, jointly held by the Trade Office atthe Vietnamese Embassy in Germany and the Ministry of Industry and Trade’sTrade Promotion Agency, Vietnamese Ambassador Nguyen Minh Vu stressed thebilateral cooperation has been expanded in many fields and seen remarkable achievements,especially after the two countries upgraded their ties to the strategicpartnership level in 2011.
Germany has been one of Vietnam’s most economic partners inthe European Union for years, with two-way trade hitting 14 billion EUR (16.39billion USD) in 2019 – a fourfold increase compared with that of 2009.
Germany is one among four EU nations investing most inVietnam with 361 valid FDI projects.
Meanwhile, Vietnam is among Germany’s three biggest economicpartners in ASEAN, Vu stated.
He stressed that the EU-Vietnam Free Trade Agreement, whichhas become effective, and the pending EU-Vietnam Investment ProtectionAgreement will open up brighter prospects for economic collaboration betweenthe two countries.
The diplomat expressed his hope that through the conference,participating enterprises will build up substantial and win-win cooperation tobring into full play opportunities brought about by the bilateral relations.
Director of the Trade Promotion Agency Vu Ba Phu affirmedthat his agency always supports efforts to boost Vietnam-Germany tradecooperation, and well do its role as a bridge connecting the two countries’businesses.
Participating enterprises from both sides share experiencein opportunities and challenges brought about by the EVFTA./.
Cooperative relations between Vietnam and Germany have been developing constantly in multiple fields, German Ambassador to Vietnam Guido Hildner told the media on September 30.
The Vietnam – Germany cultural festival Kulturfest 2020 opened in Hanoi on October 2 evening, on the occasion of the 30th anniversary of German Reunification (October 3) and the 45th anniversary of the Vietnam – Germany diplomatic ties.
A workshop to promote economic cooperation between Vietnam and Germany took place in Hanoi on October 3, bringing together representatives from around 200 enterprises of the two nations.
The Embassy of Vietnam in Germany recently held a friendly golf tournament to celebrate the 45th anniversary of the Vietnam-Germany diplomatic relations.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.