Vietnamese Minister of Industry and Trade Tran Tuan Anh and German Federal Minister of Economics Peter Altmaier co-chaired the first meeting of the joint committee for economic cooperation between the two countries which took place virtually on January 12.
Vietnam-Germany trade relations will thrive on the back of the freshly inked free trade and investment deals, including the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), according to insiders.
German enterprises are very interested in cooperating with Hanoi, especially in terms of water supply and drainage and transport, outgoing German Ambassador to Vietnam Christian Berger has said.
The EU-Vietnam Free Trade Agreement (EVFTA) helps ensure the access of German products to Vietnam, as well as investment of German entrepreneurs into this increasingly important market, according to a German official.
A Vietnam-Germany Trade and Investment Forum has been held as part of the “Vietnam Days in Leipzig”, highlighting investment potential and opportunities between Sachsen State and Germany in general and Vietnam as well as other countries in Southeast Asia and Asia Pacific.
The Vietnam – Germany Friendship Association (VGFA) held a get-together in Hanoi on October 11 to mark the 28th anniversary of German National Day (October 3).
President Truong Tan Sang will visit Germany from November 24-26, at the invitation of German President Joachim Gauck, in order to boost the strategic partnership between the two countries.
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