Vietnamese, German partners seal deal in air transport, logistics

Five partners from Germany’s Leipzig city and Vietnam on December 21 signed a memorandum of understanding on investment cooperation in air transport and logistics.
Vietnamese, German partners seal deal in air transport, logistics ảnh 1At the signing ceremony of the MoU (Photo: VNA)
Berlin (VNA) –Five partners from Germany’s Leipzig city and Vietnam on December 21 signed amemorandum of understanding on investment cooperation in air transport andlogistics.

The signatories consisted ofLeipzig administration, Invest Region Leipzig (IRL), and Vietnam’s Vietjetair Cargo JSC, TayBac Group, and Vigerlaw limited company.

The deal was reached soon after a Leipzig working delegation made a fact-finding trip in Vietnam fromNovember 26 to December 2. The visit resulted in a specific cooperation planbetween VietjetAir Cargo and the German city and its 1,400ha Leipzig airport –the 2nd largest air cargo transit point in Germany, the 4th in Europe, and the20th in the world.

As per the plan, the Vietnamesefirm will carry goods between Leipzig and Vietnam with one flight per week,starting at the end of this year or the beginning of 2023.

Meanwhile, Leipzig and IRL willassist Vietjetair Cargo and Tay Bac Group in conducting a complex project toexpand cooperation in the region. They were also committed to fostering thecity’s ties with Vietnamese localities and supporting Vietnamese partners indoing business in Germany.

Bui Vuong Anh, Vietnamese TradeCounselor in Germany, said the signing of the MoU is a breakthrough and a pieceof the puzzle that Vietnam needs.

It is easier to launch cooperation in airinfrastructure than in waterways or railways, while a large Vietnameseexpatriate community in Germany has demand for goods transport to their homecountry, he noted. Since the EU-Vietnam Free Trade Agreement (EVFTA) tookeffect, the flow of goods between the two countries is also very high, headded./.
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