Vietnam – a target of German state Sachsen’s businesses: workshop
The development situation and foreign investment attraction policies of Vietnam were introduced to businesses, research centres, universities and members of the Association of German Engineers (VDI) at a workshop in Dresden city, the German state of Sachsen, on November 12.
The workshop in Dresden city, the German state of Sachsen, on November 12 (Photo: VNA)
Berlin (VNA) – The development situation andforeign investment attraction policies of Vietnam were introduced tobusinesses, research centres, universities and members of the Association ofGerman Engineers (VDI) at a workshop in Dresden city, the German state ofSachsen, on November 12.
Vietnamese Ambassador to Germany Nguyen Minh Vubriefed participants about the development as well as foreign investment attractionpolicies of Vietnam. He also mentioned the fields Vietnam and Sachsen canenhance cooperation in such as mechanical engineering, innovation, energy,environment, education and research.
Vu expressed his belief that thanks to theEU-Vietnam Free Trade Agreement and Investment Protection Agreement that areawaiting ratification, there will be more chances for investment andcooperation in Vietnam for German businesses, universities and researchinstitutes, including those from Sachsen.
At the workshop, representatives of the SachsenState Ministry for Economic Affairs, Labour, Transport and Digitalisation andthe VDI highly valued the dynamic development of Vietnam, noting that with ayoung, abundant and skilled workforce, Vietnam is currently a target of manySachsen businesses.
Introducing their projects in Vietnam, leadersof some Sachsen enterprises, research centres and universities, including EabNew Energy GmbH, GICON, CERSS and Dresden University of Applied Sciences,shared investment experience in the country.
They also gave several recommendations toVietnamese agencies so as to further facilitate Sachsen firms’ projects in thefuture.
Also on November 12, Ambassador Vu had workingsessions with Sachsen Governor Michael Kretschmer, President of the stateparliament Matthias Robler, and Dresden Mayor Dirk Hilbert./.
Hanoi always attaches importance to its relations with German localities and enterprises, Chairman of the municipal People’s Committee Nguyen Duc Chung said while hosting newly-appointed German Ambassador to Vietnam Guido Hildner on October 1.
Ho Chi Minh City wants to cooperate with Rheinland- Pfalz state of Germany to develop hi-tech agriculture, in line with its current priorities, said Vice Chairman of the city’s People’s Committee Tran Vinh Tuyen.
Prime Minister Nguyen Xuan Phuc affirmed that Vietnam attaches importance to strengthening the strategic partnership with Germany during a reception in Hanoi on October 31 for newly-appointed German Ambassador to Vietnam Guido Hildner.
Vietnam always considers Germany an important partner, National Assembly Chairwoman Nguyen Thi Kim Ngan told President of Germany’s Hessen State Parliament Boris Rhein during a reception in Hanoi on November 12.
Hessen State plays an important role in promoting economic and trade cooperation between Vietnam and Germany, Deputy Prime Minister Truong Hoa Binh said at a reception for President of the Hessen State Parliament Boris Rhein in Hanoi on November 12.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The workshop in Dresden city, the German state of Sachsen, on November 12 (Photo: VNA) 
