According to the article, Vietnam has long been famous for shoes, garment and textile, coffee and pepper. The country is always ready to innovate and absorb new technologies, so it has a good reputation as an electronics manufacturing hub.
Meanwhile, “Made in Germany” goods and machinery are also very popular in Vietnam, along with automobiles and chemical products. Germany currently has about 350 companies with offices and facilities in the Southeast Asia country.
Germany is currently Vietnam’s most important trade partner in the EU while Vietnam is Germany’s largest partner in ASEAN.
The article also said that in addition to the economic field, Vietnam is also quite an attractive country for Germany in terms of geopolitics. A lot of countries such as the Republic of Korea and Japan have set up production bases in Vietnam to enjoy economic benefits./.
