14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Vietnam, Hesse (Germany) promote high-tech cooperation

Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.

Minister-President of Hesse State, Germany, Boris Rhein, looked forward to further strengthening partnerships between educational and research institutions on both sides in areas such as high technology, finance and banking, semi-conductor industry, and AI. This was discussed during his meeting with Prime Minister Pham Minh Chinh today, November 28.

 Prime Minister Pham Minh Chinh and Minister-President of Hesse State Boris Rhein. Photos: Nhat Bac

Both sides agreed that the Vietnam-Germany University, a flagship project in education and training established under the initiative of the State of Hesse State, has been operating effectively and contributing to the development of high-quality human resources in Vietnam.

The State of Hesse will continue to support the development and expansion of the Vietnam-Germany University and maintain scholarship programs for Vietnamese students and researchers, said Boris.

During the meeting, Prime Minister Pham Minh Chinh emphasized the significance of Governor Boris Rhein’s visit, saying that it comes amidst the flourishing Vietnam-Germany Strategic Partnership and the strengthening of Vietnam-Hesse relations across diverse sectors. He expressed confidence that the visit would inject new momentum into the partnership between Vietnam and Hesse.

Boris expressed his pleasure in returning to Vietnam in his new capacity. He recalled the deep historical ties and enduring friendship between the two nations and congratulated Vietnam on its recent socio-economic achievements.

Emphasizing Hesse's commitment to strengthening its relationship with Vietnam, he stated that his visit aims to further expand cooperation in areas such as business, education, training, and labor.

In discussing their respective situations, Chinh underlined Vietnam's focus on achieving three strategic breakthroughs: improving the institutional framework, developing human resources, and enhancing infrastructure.

He said that Vietnam's priorities are sustainable development, digital transformation, and green transition. In this context, he reiterated Vietnam's commitment to its Strategic Partnership with Germany and its special collaboration with Hesse, a German state known for its strengths in economy, finance, science and technology, and industry. Both sides expressed satisfaction with the positive and effective development of Vietnam-Hesse relations in the broader context of strong bilateral cooperation.

 Overview of the meeting. 

Notably, bilateral trade between Vietnam and Hesse has reached approximately EUR1 billion ($1.05 billion) annually, accounting for one-tenth of the total trade between Vietnam and Germany. Hesse-based companies, such as Bilfinger & Berger, Messer, Sanofi-Aventis, Fresenius, and Commerzbank, have made significant and effective investments in Vietnam.

To further strengthen bilateral cooperation, Chinh suggested six key areas for collaboration: Hesse pushing for the German Bundestag's early ratification of the EU-Vietnam Investment Protection Agreement (EVIPA); supporting and expanding the Vietnam-Germany University, particularly in high-tech fields such as finance, banking, semiconductors, and artificial intelligence; sharing expertise in sustainable development, climate change adaptation, and renewable energy to achieve carbon reduction goals while facilitating Vietnam’s access to funding, management expertise, and workforce training under the Just Energy Transition Partnership (JETP); accepting skilled Vietnamese workers, particularly in light of Germany’s new Immigration Act; ensuring favorable conditions for the Vietnamese community in Hesse to integrate and thrive while preserving their cultural identity; and collaborating on cultural and sports exchanges to commemorate the 50th anniversary of Vietnam-Germany diplomatic relations in 2025.

Acknowledging Hesse’s need for skilled labor from Vietnam, Boris encouraged both sides to leverage the opportunities provided by Germany’s new Immigration Act to expand the labor supply. He emphasized the importance of facilitating Vietnamese workers’ employment in Hesse to address the state’s labor shortage. He also recognized the significant contributions of the Vietnamese community to Hesse’s prosperity and cultural diversity.

He reaffirmed the state government’s commitment to supporting the Vietnamese diaspora in preserving their cultural heritage and strengthening their role as a bridge of friendship between Vietnam and Hesse.

Reactions:
Share:
Trending
Most Viewed
Related news
Hanoi launches product showcase spaces linked to Spring Flower Fairs ahead of Tet

Hanoi launches product showcase spaces linked to Spring Flower Fairs ahead of Tet

The program ranks among the city’s key trade promotion activities, aiming to stimulate domestic consumption, stabilize the market.

Vietnam to tax crypto asset transfers at 0.1%

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

Vietnam establishes support body for International Financial Center Council

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.

Hanoi draws US$102 million in foreign direct investment during January

Hanoi draws US$102 million in foreign direct investment during January

Strong investor activity continued in the capital at the start of the year, as a mix of new projects, capital adjustments and share acquisitions helped reinforce Hanoi’s role in sustaining Vietnam’s positive foreign investment trend.

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

As Vietnam’s e-commerce market accelerates, attention is shifting toward how national policies and platform-led initiatives can help smaller localities overcome structural barriers, bringing digital trade opportunities to mountainous, border and rural communities.

Swiss and European firms back Vietnam’s push for double-digit growth, finance hub

Swiss and European firms back Vietnam’s push for double-digit growth, finance hub

Swiss and European companies voice support for Vietnam’s double-digit growth strategy, green transition and international financial center plans, highlighting long-term investment opportunities.

Vietnam business confidence at 22-month high

Vietnam business confidence at 22-month high

It was a solid start to the year for the Vietnamese manufacturing sector as firms ramped up output in response to stronger new orders