German firms hope for stronger partnership with Viet Nam

The German business community have high expectations for stronger economic cooperation with Viet Nam after the phone talks between Vietnamese Party General Secretary Nguyen Phu Trong and German Chancellor Olaf Scholz on March 31.
German firms hope for stronger partnership with Vietnam
Chief Representative of the German Chambers of Commerce (AHK) in Viet Nam Marko Walde. (Photo: VNA)

In an interview granted to the Vietnam News Agency's correspondents in Germany, Chief Representative of the German Chambers of Commerce (AHK) in Viet Nam Marko Walde said he was delighted at the phone call between the two countries’ leaders.

He said as strategic partners, Germany and Viet Nam had implemented strategic action plans in the past, and will jointly develop next strategic plans for the future.

Regarding future cooperation potential, Walde emphasised that there is great potential and huge opportunities for the two countries to further expand the bilateral relationship, especially in economic cooperation.

After the COVID-19 pandemic, the two sides can take advantage of the European Union - Viet Nam Free Trade Agreement to further foster cooperation, he said, adding that they can also step up partnership in vocational and high-skilled labour training

Chairman of TTI Group Horst J. Pudwill said Germany and Viet Nam share many similarities, and he highly valued the diligence and creativity of Vietnamese people.

Sharing the same view, Horst J. Geicke – Chairman of the Deutsches Haus (German House) in Ho Chi Minh City stressed that the EVFTA is a foundation for the two countries to strengthen bilateral trade cooperation.

Trade turnover between the two countries is likely to rise by 20 percent this year, and Germany will remain the largest trading partner of Viet Nam in the EU, he said.

According to Geicke, investment flows from Germany to Viet Nam are expected to be higher this year, with the establishment of modern factories and new companies.

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(Source: VNA)

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