Germany's Bremen state - Gateway to the EU for Vietnamese firms
The German state of Bremen can serve as an important gateway for Vietnamese businesses to penetrate into the German market and the EU in general, a workshop in Ho Chi Minh City on March 31 heard.
Tran Phu Lu, Deputy Director of the Investment and Trade Promotion Centre (ITPC), speaks at the even (Photo: VNA)
HCM City (VNA) - The German state of Bremen can serve as an important gateway for Vietnamesebusinesses to penetrate into the German market and the EU in general, aworkshop in Ho Chi Minh City on March 31 heard.
According toTran Phu Lu, Deputy Director of the Investment and Trade Promotion Centre(ITPC), Germany is Vietnam’s largest European partner, accounting for nearlyone-fifth of its export value to the EU.
Trade betweenthe two countries has doubled since 2010 and increased over 10 percent annually to morethan 10 billion USD. The figure topped 1.5 billion USD as ofFebruary, up 5 percent year-on-year.
Germany nowranks 18th among countries and territories investing in Vietnam, with361 projects from more than 300 enterprises worth over 2 billion USD, primarily inmechanics, machinery, logistics, chemicals, and renewable energy.
Vietnam, meanwhile,has invested in 35 projects in Germany valued at around 250 million USD, focusingon finance-banking, computers, and restaurants and hotels.
Notably, Germanyhas poured investments into key projects in HCM City such as Metro Line No 2and Viet-Duc University.
Hoang Thi Huong,Chief Representative of the Economic Development Agency of the State of Bremenin Vietnam (BremenInvest), highlighted the significant geographical location ofBremen and its cities.
Bremen is aleading industrial hub in Germany and Europe at large, possessing strengths insuch sectors as auto and automation, maritime transportation, logistics,aviation, wind power and renewable energy, seafood processing, and startups,she added.
Delegates at theworkshop agreed that Bremen holds substantial potential for Vietnamese enterprises.
Experts also remindedenterprises to take into account the high-tech content of products andservices, as well as environmental and health issues./.
Deputy Minister of Industry and Trade Dang Hoang An shared Vietnam’s roadmap to form electricity and energy markets towards efficient and sustainable power development at the seventh Berlin Energy Transition Dialogue (BETD) that took place virtually on March 16.
A virtual conference on economic cooperation between Vietnam and Germany was held on March 15 under the sponsorship of Leipzig city, the Vietnamese Embassy in Germany, InvestRegion Leipzig and Deutsch-Vietnamesisches Haus e.V.
Deputy Minister of Foreign Affairs Nguyen Quoc Dung held talks with Minister of State at the Federal Foreign Office of Germany Niels Annen on March 19 at the proposal of the German side.
Germany’s Großmann Ingenieur Consult GmbH (GICON®) and the Vietnam Petroleum Institute (VPI) have identified cooperation sectors and forms, covering technologies, under a memorandum of understanding (MoU) signed on March 29.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.
Tran Phu Lu, Deputy Director of the Investment and Trade Promotion Centre (ITPC), speaks at the even (Photo: VNA) 
