Home Economy

German firms to seek opportunities in VN

Oct 7th at 13:38
07-10-2015 13:38:43+07:00

German firms to seek opportunities in VN

A delegation of 10 German businesses will travel to Viet Nam in October to survey the investment climate here and seek new partners, Cong Thuong (Industry and Trade) Newspaper reports.

During their stay in the country, the firms will attend to two business conferences, to be organised by the Germany Trade & Invest and the German Chamber of Commerce and Industry in Viet Nam, in Ha Noi on October 13 and in HCM City on October 15.

These businesses from eastern German states are active in various fields such as construction, mechanics, chemicals and agriculture.

The strategic partnership between Viet Nam and Germany has developed strongly in recent years.

Germany is one of the leading trade partners of Viet Nam in the European Union (EU), with bilateral trade reaching nearly eight billion euros (US$8.95 billion) last year and recording an average growth of 15 to 20 per cent over the past five years.

Viet Nam mainly exported mobile phones and spare parts, garments, and textiles, apart from footwear, coffee and seafood to Germany while importing machinery and equipment.

bizhub

MOST READ

NEWS SAME CATEGORY

Mekong Capital wins int'l award
ECONOMY Oct 7th at 13:37

Mekong Capital wins int'l award

Mekong Capital, a Viet Nam-focused private equity firm, has won this year's Operational Excellence award from UK magazine Private Equity International in the...

VN adopts open contracting initiative
ECONOMY Oct 7th at 11:18

VN adopts open contracting initiative

Viet Nam has implemented an open contracting initiative as part of a drive to improve transparency in procurement activities, particularly in public investment...

Korean CSR contributes to VN's sustainable development
ECONOMY Oct 7th at 11:16

Korean CSR contributes to VN's sustainable development

As leaders of foreign investment in Viet Nam, most Korean investors consider themselves to be local businesses contributing to the country's development, according...

VN, Indonesia forge stronger connections
ECONOMY Oct 7th at 11:14

VN, Indonesia forge stronger connections

Indonesian firms are interested in exploring business and investment opportunities in Viet Nam as the two countries strengthen their economic partnership, according...

AmCham: TPP extremely important for US-Vietnam relations
ECONOMY Oct 7th at 10:07

AmCham: TPP extremely important for US-Vietnam relations

Mr. Adam Sitkoff, Executive Director of the American Chamber of Commerce, issued the following statement welcoming the conclusion of Trans-Pacific Partnership...

Vietnam enters new playground after TPP negotiation ends
ECONOMY Oct 7th at 10:06

Vietnam enters new playground after TPP negotiation ends

VietNamNet Bridge - According to many experts, the Trans-Pacific Partnership (TPP) agreement will be the "push" for Vietnam’s economic development.

Vietnam hails Trans-Pacific Partnership agreement
ECONOMY Oct 6th at 14:53

Vietnam hails Trans-Pacific Partnership agreement

The conclusion of the Trans-Pacific Partnership (TPP) negotiation brings both chances and challenges for Vietnam’s economy, but experts and industry insiders are...

Vietnam-EU FTA opens new doors for German trade
ECONOMY Oct 6th at 14:44

Vietnam-EU FTA opens new doors for German trade

Vietnam is cresting a new horizon on the German market, especially when the free trade agreement between Vietnam and the European Union takes effect.

World Bank sees VN growing 6.0%
ECONOMY Oct 6th at 14:24

World Bank sees VN growing 6.0%

The World Bank is predicting that the Vietnamese economy will grow at a speed of 6 per cent in 2015, according to the East Asia and Pacific Economic Update released...

Dong Nai's nine-month FDI exceeds yearly target
ECONOMY Oct 6th at 14:23

Dong Nai's nine-month FDI exceeds yearly target

The southern province of Dong Nai, known as one of Viet Nam's most attractive destinations for foreign invested business due to favorable policies and developed...

Read More

MOST READ

Back To Top