Business

Vietnam, Germany foster cooperation to complete legal framework for digital economy

Minh added that improving legal institutions is not only a legal requirement but also a foundation to build public trust, protecting people and businesses, and fostering a transparent innovation ecosystem.

A view of the conference in Hanoi on October 30, 2025. (Photo: VNA)
A view of the conference in Hanoi on October 30, 2025. (Photo: VNA)

Hanoi (VNA) – Vietnamese and German managers, legal experts, and tech enterprises gathered at a conference in Hanoi on October 30 to share expertise in building a legal framework for the digital economy as well as innovation-driven growth and sustainable development.

The event was jointly held by the Vietnam Academy of Social Sciences (VASS)’s Institute of State and Law and Germany’s Friedrich Naumann Foundation for Freedom (FNF).

VASS Vice President Assoc. Prof. Dr. Nguyen Duc Minh underscored the need for Vietnam to establish a rational and advanced legal framework, ensuring freedom of creativity as well as economic stability and sustainable development, as the digital economy has become a driver for global growth.

Minh added that improving legal institutions is not only a legal requirement but also a foundation to build public trust, protecting people and businesses, and fostering a transparent innovation ecosystem. Learning from countries with advanced rule-of-law systems like Germany will help Vietnam shorten policy formation time and balance growth with social responsibility, he said.

Vanessa Steinmetz, Head of FNF Thailand and Vietnam, stressed that Germany has issued numerous digital-age regulations to maintain a balance between creative freedom and human rights protection, particularly in personal data management. Dr Nguyen Tien Duc from the Institute of State and Law called on Vietnamese enterprises to build transparent governance, assess risks regularly, and adopt business ethical standards. He also urged the State to issue sector-specific guidelines, especially for IT and digital economy, support small and medium-sized enterprises to meet global standards, and deepen cooperation with Europe to strengthen Vietnam’s role in global supply chains.

Experts at the workshop agreed that personal data has become a valuable economic resource, but it also brings significant risks to privacy and security. Despite the issuance of the Law on Personal Data Protection, Vietnam should focus on completing a unified legal framework, establishing an independent data protection authority, promoting responsible data governance, and encouraging corporate transparency and user rights protection./.

VNA
#Vietnam #Germany #cooperation #legal framework #digital economy Germany Vietnam
Follow VietnamPlus

International integration

Digital transformation

Related News

The delegation of the Vietnamese National Assembly’s Committee for National Defence, Security and External Relations meets with Vice President of the German Bundestag Bodo Ramelow, Dr. Malte Kaufmann, and members of the German Parliament. (Photo: VNA)

Vietnam, Germany enhance parliamentary diplomacy cooperation

Vice Chairman of the National Assembly’s Committee on National Defence, Security and External Relations Nguyen Manh Tien has proposed that Germany actively support and accelerate the Federal Parliament’s ratification of the EU–Vietnam Investment Protection Agreement (EVIPA) at the earliest possible time, turning it into a true symbol of the long-term and sustainable partnership between the EU and Vietnam.

Hoang Thi Lien, Chairwoman of Vietnam Pepper and Spice Association (VPSA), introduces Vietnam’s pepper and spice industry at the forum. (Photo: VNA)

Vietnam – Germany forum spotlights sustainable produce, spice trade

VPSA Chairwoman Hoang Thi Lien said agricultural products of Vietnam, including spices, often transit Germany and the Netherlands before reaching other European destinations, adding that with the EVFTA in place, Vietnamese exporters enjoy greater access and competitive advantages.

See more

Ambassador Pham Vinh Quang (seventh from left) poses for a photo with staff of the Vietnamese Embassy in Canada at the Vietnam booth at the exhibition. (Photo: VNA)

Vietnam promotes tourism at travel expo in Canada

The Vietnamese Embassy in Canada joined the exhibition to promote Vietnam as an attractive travel destination. With support from domestic tourism companies and tour operators, the Vietnam booth attracted attention thanks to its well-designed displays and informative materials.

Sun Group partners with Dragone to jointly establish a new standard for performing arts in Vietnam (Photo: Sun Group)

Phu Quoc set for a global spotlight with Sun Group–Dragone flagship show

The agreement signed on April 10 represents Dragone’s first formal entry into Vietnam through a strategic partnership, underscoring the country’s growing appeal to leading global creative companies. It also reinforces Sun Group’s role as a pioneer in bringing world-class performing arts experiences to Vietnamese audiences.

Prime Minister Le Minh Hung (third, left) and delegates press buttons to start the project (Photo: VNA)

Work starts on Hanoi–Quang Ninh high-speed railway

Prime Minister Le Minh Hung attended a groundbreaking ceremony for the Hanoi - Quang Ninh high-speed railway line, Vietnam's first inter-regional high-speed railway, held in Quang Ninh province on April 12.

VinFast EV sales jump 127% in March 2026. (Photo: Vinfast)

VinFast EV sales jump 127%, cementing market dominance

According to its report, all models in VinFast’s EV lineup recorded strong growth in March. Notably, on March 28 alone, the company completed 3,520 orders, the highest number ever recorded in a single day by an automotive brand in Vietnam.

Illustrative image (Photo: VNA)

Australia announces import conditions for Vietnamese pomelos

Australia’s formal publication provides an important legal basis, marking the completion of the review, assessment and agreement on technical requirements for fresh Vietnamese pomelos. This represents a significant step forward in market access, creating favourable conditions for relevant agencies, localities and businesses to prepare for export activities in the coming time.

Containers of fresh Vietnamese durian for export are subject to a full-chain traceability system. (Photo: VNA)

First “green lane” durian shipment exported to China

​Under the “green lane” process, quality control begins at the cultivation stage, including soil sampling and monitoring, and continues through harvesting and processing, with traceability labels attached to trees and applied to fruit at the time of picking. It also allows plant quarantine procedures and the issuance of certificates of origin (C/O) directly in the localities where the orchards are located.

Delegates at the Vietnam Expo 2026 (Photo: VNA)

Vietnam pushes for deeper auto supply chain ties with RoK

The RoK stood as Vietnam’s largest foreign investor with more than 95.2 billion USD in registered capital as of February 2026, or about 18% of all foreign cash flowing in, with thousands of active projects. In January-February alone, the RoK led the pack with nearly 2 billion USD in pledges, grabbing a whopping 32.7% of total registered capital and showing no signs of slowing down.

More than 600 tourism firms, 15 countries and territories, and 34 provinces and cities are promoting destinations and introducing tourism products at the fair (Photo: VNA)

Digital transformation key to elevating Vietnam’s tourism: official

Speaking at the opening of the Vietnam International Travel Mart (VITM) 2026 in Hanoi on April 10, Deputy Minister of Culture, Sports and Tourism Ho An Phong noted that despite challenges in 2025, Vietnam largely fulfilled its socio-economic development goals. Tourism remained a bright spot, recording 21.5 million foreign arrivals and 135.5 million domestic visitors, with total revenue exceeding 1 quadrillion VND (37.9 billion USD).