Keyword: "Vietnam–Germany relations"

2 Result

Prime Minister Pham Minh Chinh (R) meets with German President Frank-Walter Steinmeier during the latter’s state visit to Vietnam on January 24, 2024. (Photo: VNA)

Vietnam – Germany: 50 years of substantive cooperation

Germany is Vietnam’s top trading partner in the EU, its 12th largest globally, and the fourth-largest European investor in the country. Two-way trade grew sharply from 5.6 billion USD in 2011 to 11.1 billion USD in 2024. German businesses are increasingly attracted to Vietnam’s investment environment as part of efforts to diversify supply chains and reduce overdependence on single markets.