Vietnam is one of the developing countries with a policy of free market access, thus attracting many foreign investors.(Photo: VNA)
Berlin (VNA) - The German newspaper Focus has publishedan article about the development of Asia, in which it highly evaluated Vietnam's potential.
The article cited Horst Geicke, an investor and Chairman ofthe Deutsches Haus (German House) in Ho Chi Minh City, as saying that Vietnamis considered a new investment destination for a wide range of foreign investorsin general and German enterprises in particular.
In Asia, in addition to Singapore, only Vietnam has signed afree trade agreement with the European Union (EVFTA). German businessestargeting the Southeast Asian markets includes the automobile spare partssuppliers Brose and ZF, equipment manufacturer Kärcher, building materialsprovider Knauff, and consumer goods company Henkel.
The article said Vietnam posted nearly 27.72 billion USD intotal foreign direct investment and 22.4 billion USD in disbursed amount lastyear. These figures significantly contributed to Vietnam's impressive GDPgrowth of over 8% in 2022 and an average of 5.9% over the past 13 years.
It also mentioned the visit of German Chancellor Olaf Scholzto the country last November and emphasised that German leaders highlyvalue the relationship with Vietnam and wish to further enhance thisconnection.
Earlier, German magazine PT-Magazin also published an articleon investing in Vietnam, stating that in an effort to diversify supply chains,medium-sized enterprises still see the nation as an interesting choice.
According to the article, Vietnam is one of the developing countries with apolicy of free market access, thus attracting many foreign investors. Many havechosen well-known locations, such as Ho Chi Minh City and its neighbouring provinces inthe south, Bac Ninh and Hai Phong in the north, and Da Nang in the centralregion. Currently, less-developed destinations like Quy Nhon are also gainingattention./.
German newspapers have run articles spotlighting the importance of the Region Comprehensive Economic Partnership (RCEP), especially for economic integration in the Asia-Pacific region.
Vietnam has seen strong growth in two years of COVID-19 and an increase in foreign direct investment (FDI), according to an article on the Southeast Asian nation’s development freshly published on Germany’s Junge Welt newspaper.
Die Rheinpfalz, a daily newspaper in the German western state of Rhineland-Palatinate, has just published an article about heavy climate change-induced consequences facing coffee growers in Vietnam. Germany is currently the Southeast Asian nation’s largest importer of Robusta coffee.
Vietnam has the potential to become a world leading IT hub for its quality universities as well as young and trained workforce, said a recent article by the German-language business newspaper Handelsblatt.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
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Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.