German Ambassador to Vietnam Guido Hildner addresses the forum in Hanoi on November 12 (Photo: VNA)
Hanoi (VNA) - A forum for the promotion of economic and trade cooperationbetween Vietnam and Germany was held in Hanoi on November 12.
The forum was jointly organised by the University of Economics underthe Vietnam National University - Hanoi (VNU), Germany’s Friedrich Naumann Foundation for Freedom (FNF) in Vietnam, and the Ministry of Natural Resources and Environment.
It took place in the context of many opportunities and challenges facing the twocountries, with the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam InvestmentProtection Agreement (EVIPA) having been approved.
According to Deputy Foreign Minister To Anh Dung, since the two countries officiallyestablished diplomatic ties 45 years ago, Vietnam and Germany have signed a hostof bilateral agreements to comprehensively promote economic, political, and culturalrelations.
Vietnam-Germany trade and investment cooperation have developed rapidly over recentyears but remain modest compared to potential and the desire for cooperation onboth sides. Businessesfrom the two countries should actively tap into opportunities and advantages tofurther promote economic cooperation, Dung said.
The EVFTA presents an opportunity for EU and German businesses to expand their businessand investment activities in Vietnam, he noted.
German Ambassador to Vietnam Guido Hildner said the fields of environmental protection,sustainable development, and energy supply have been the foundation of bilateralcooperation for many years, affirming that his country will continue to maximiseits support for Vietnam in developing these fields as well as education and vocationaltraining.
Germany has remained a major trading partner of Vietnam in Europe over the last45 years, accounting for about 20 percent of Vietnam’s exports to Europe. It’s alsoan important transit point for Vietnamese goods entering other European markets.
It is now the fourth-largest European investor in Vietnam, with registered capitaltotalling over 2 billion USD as of May 2020. Projects focus on mechanics, machinery,chemicals, renewable energy, and smart infrastructure. The country is also Vietnam’slargest partner in vocational training and education./.
The Embassy of Vietnam in Germany recently held a friendly golf tournament to celebrate the 45th anniversary of the Vietnam-Germany diplomatic relations.
The EU-Vietnam Free Trade Agreement (EVFTA), two months after taking effect, has brought back several opportunities for Vietnamese exporters, said Deputy Minister of Industry and Trade Tran Quoc Khanh at a conference held in Ho Chi Minh City on October 17.
CEO of German tech giant Siemens AG and Chairman of the Asia-Pacific Committee for German Business (APA) Joe Kaeser has called upon German firms to invest in Vietnam as part of efforts to diversify supply chains.
An online workshop on opportunities brought about by the European Union –Vietnam Free Trade Agreement (EVFTA) for industrial enterprises in Germany’s Bayern state was held by the Bavarian Industry Association (VBW) and the Bavarian Metalworking and Electrical Associations (Bayme VBM) on October 28.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
German Ambassador to Vietnam Guido Hildner addresses the forum in Hanoi on November 12 (Photo: VNA) 
