German enterprises seek opportunities in HCM City

May 18, 2016 / 02:34 PM

A delegation of more than 70 German enterprises operating in the automobile industry, manufacturing technology, communications, finance and insurance visited Ho Chi Minh City to seek investment opportunities in the southern hub.

In a meeting with the city leaders on May 16, Chairman of the German Business Association Jens Ruebbert said that Vietnam is among leading destinations for foreign investors, including German enterprises.

The meeting between the city leaders and the German Business Association

With advanced expertise and experience, German businesses hoped to seize investment opportunities in Vietnam, he said.
Chairman of the municipal People’s Committee Le Thanh Liem said that Vietnam-Germany relations have been consolidated in major fields like politics, economics, trade and education, emphasising Germany is an important partner of Vietnam.
Ho Chi Minh City wants to further cooperation with Germany in urban transport, healthcare and education, he added.
According to Vice Director of the municipal Department of Planning and Investment Le Thi Huynh Mai, the city’s socio-economic development plan for 2016-2017 was delivered to the German enterprises.
To help German businesses operate in the city, the Department also introduced measures to address difficulties for the businesses and improve the investment climate, including enhancing trade promotion and attracting investment in sectors that the city is focusing on.
Germany is a large partner of Vietnam in education and training as well as science and technology. German projects implemented in Vietnam include the Vietnam-German University, Phu Lac 1 wind power plant and Ho Chi Minh City’s metro line No.2.

Reactions:

Rất hay

Thích

Giải trí

Cần cải thiện

Trending

Vietnam explores low-altitude economy as drones reshape agriculture and urban services

From farmlands and delivery routes to traffic monitoring and emergency response, unmanned aerial vehicles (UAVs) are rapidly entering Vietnam’s economic life, opening new growth space as cities and provinces accelerate plans for the low-altitude economy.

19 Dec, 02:00 PM

Vietnam OCOP Festival 2025 honors products as program marks nationwide development milestones

The festival aims to promote and honor outstanding OCOP products and producers and to reaffirm Hanoi’s leading role as the country’s “pacesetter” in the One Commune One Product (OCOP) program.

17 Dec, 07:06 PM

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Despite global economic and geopolitical headwinds, foreign capital flows into Vietnam accelerated in 2025, with investment increasingly concentrated in high value-added sectors, highlighting the country’s growing appeal as a stable, long-term destination for investors.

16 Dec, 10:12 PM

VN-Index set for 2,200-mark next year: JP Morgan

Vietnam’s appeal goes beyond the upgrade, driven by major economic reforms that are lifting business and consumer confidence, as well as improving profit prospects over the next three to five years.

16 Dec, 03:35 PM

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

15 Dec, 07:28 PM

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

15 Dec, 07:16 PM

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

14 Dec, 02:17 AM

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

13 Dec, 04:40 PM