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Vietnam to promote investment in Germany

A conference was held in Berlin on October 2 to promote investment in the north-central province of Thanh Hoa as part of the working trip to Germany by senior officials from the Vietnamese province.

The visit marked a new development in the relations between Thanh Hoa and Germany in general and German business community in particular.
 


 

Chairman of the provincial People’s Committee and Vice Secretary of the provincial Party Committee Nguyen Dinh Xung introduced his province’s strengths and potential with rich minerals and abundant human resources as well as numerous incentives. The province has seen vigorous and comprehensive development in all fields in recent years, he noted.

Germany is one of the leading industrialised countries in Europe and its businesses boast huge potential with high technologies, he said, adding that this is the reason why Thanh Hoa authorities want to learn experience from the country.


 
The conference creates a good chance for Thanh Hoa to introduce its advantages to German firms as well as share information and cooperation opportunities in the fields of mutual interests, he said. Xung pledged to create the best conditions for German investors to do business in the province. Thanh Hoa will be a reliable and long-term partner of foreign businesses, especially those from Germany, he affirmed.

Vietnamese Trade Counsellor Nguyen Huu Trang said Germany, a leading economy in the world with strengths in industry and services, is proactively seeking investment cooperation opportunities with countries, including Vietnam.

Thanh Hoa has a lot of attractive fields to German investors, he said, urging local authorities to devise more incentives to facilitate their investment. Many German businesses attending the event expressed their wish to explore the investment opportunities in the Vietnamese locality.
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