HCM City eyes stronger cooperation with Leipzip of Germany
Vice Chairman of the People's Committee of Ho Chi Minh City Duong Anh Duc on November 29 hosted a reception for a visiting delegation of German businessmen and investors led by Torsten Bonew, First Deputy Mayor of Leipzip city.
HCM City (VNA) - Vice Chairman of the People's Committee of Ho Chi Minh City Duong Anh Duc on November 29 hosted a reception for a visiting delegation of German businessmen and investors led by Torsten Bonew, First Deputy Mayor of Leipzip city.
The HCM City official applauded the establishment of a representative office of Leipzig City in the southern economic hub, expressing the hope that the office will contribute to further promoting trade and investment cooperation between the two sides.
The municipal authorities will create favourable conditions for German businesses to invest and do business in the locality, he stated, adding that Leipzig has strengths in industry, information technology and education, and these are also the areas which HCM City wants to develop.
Duc thanked Leipzig’s authority for supporting HCM City in training, and sharing professional experience with local hospitals. He said HCM City is focusing on developing high-quality human resources, and has also been implementing projects related to digital transformation and development of smart cities, so the city wishes to receive more support from Germany in those fields.
For his part, Bonew affirmed the establishment of Leipzig’s representative office in HCM City as well as the visit of the German business delegation reflects the increasingly effective partnership between the two cities.
Leipzig's businesses wish to further promote investment and cooperation with HCM City in health, education, and culture, thus contributing to deepening the Vietnam - Germany strategic partnership, he said.
Earlier, Bonew and the German business delegation visited and worked with representatives of the Military Hospital 175, during which the two sides inked a cooperation agreement.
Accordingly, Military Hospital 175 and University Hospital Leipzig will strengthen their existing cooperation; and coordinate in training medical staff through hospital management courses, internship programmes, and professional exchanges./.
Leipzig city has become the first German locality to open a representative office in Vietnam, contributing to strengthening trade and investment partnership between the city and Vietnam and connecting businesses of the two nations, according to the German Business Association in Vietnam.
Hanoi is willing to collaborate with and facilitate German firms, particularly those from Thuringia, to invest and operate in the city, stated Chairman of the municipal People’s Committee Nguyen Duc Chung.
The People’s Committee of Binh Dinh province and the German Industry and Commerce Delegation in Vietnam held a conference on November 21 to promote the European country’s investment in the central locality.
Vietnamese Minister of Justice Le Thanh Long met his German counterpart Marco Buschmann on November 24 to discuss boosting bilateral ties in the field.
A Hanoi delegation led by Deputy Secretary of the municipal Party Committee Nguyen Thi Tuyen has visited Germany, aiming to boost the friendship and cooperation with Berlin.
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.
Participants at the meeting (Photo: VNA) 
