Deputy PM talks trade during Germany visit
Deputy PM talks trade during Germany visit
The Vietnamese Government has taken a variety of measures to facilitate the work of foreign investors, including those from Germany, Deputy Prime Minister Trinh Dinh Dung affirmed during his September 22-26 visit to the European country.
At meetings with leaders of the Ministry for the Environment, National Conservation, Building and Nuclear Safety ( BMUB) and the Ministry for Economic Co-operation and Development (BMZ) of Germany, Dung suggested the two countries encourage German businesses and investors to make the best use of opportunities presented by the EU-Viet Nam Free Trade Agreement and other free trade agreements of which Viet Nam is a signatory.
The move aims to raise two-way trade between Viet Nam and its largest EU trading partner from US$8.91 billion in 2015 to $15-20 billion by 2020, and German investments in Viet Nam to $5 billion, he noted.
He called on German enterprises to invest in such areas as infrastructure, manufacturing, processing, green and renewable energy and environmental technology.Dung proposed that Germany assist his country in developing institutions and policies, and formulating technical standards for environmental protection and climate change response.
He also called for the European country's support in finance and technological transfer, especially clean and environmentally friendly technologies, and human resource development.
Rita Schwarzeluhr Sutter, BMUB Parliamentary State Secretary, said Germany stands ready to help Viet Nam and share its experience in climate change response.
The two sides agreed to enhance their collaboration in waste treatment and the management of land and construction works.
