Germany interested in Vietnamese labour market: Deputy PM
Various members of the German Association of Small- and Medium-Sized Businesses (BVMW International) have pointed to the potential for labor supply cooperation between Vietnam and Germany.
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On October 9, at a working session between Vietnam and Germany with visiting Deputy Prime Minister Ho Duc Phoc, BVMW International Managing Director Andreas Jahn affirmed Vietnam is an important partner.
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| At the working session between Deputy Prime Minister Ho Duc Phoc and the BVMW International delegation on October 9. (Source: VNA) |
Briefing Phoc on the operation of BVMW, the largest business association in Europe with 960,000 members, Jahn said it runs representative offices in 85 countries worldwide, including Vietnam.
He said that the association focuses on supporting its member businesses to expand the market and enhance competitiveness in key areas, expressing his hope that Phoc's visit would create strategic opportunities, enabling BVMW firms to expand investments in Vietnam shortly.
For his part, Phoc emphasized BVMW’s crucial role and called on the association to continue supporting German businesses in exploring opportunities and investing in Vietnam while facilitating Vietnamese goods’ access to Germany.
Noting the bilateral investment and trade ties have yet to match the potential of both countries, the Deputy PM outlined various opportunities for German enterprises to explore and invest in the Southeast Asian nation, particularly in high-tech, renewable energy, highway, high-speed rail, information technology, artificial intelligence, and training and labor.
Phoc reaffirmed that Vietnam remains steadfast in its investment policy and commits to protecting businesses' legitimate rights and interests.
Participating BVMW member businesses raised proposals on cooperation and investment opportunities in various sectors, including energy transition, environmental protection, and innovation.
They shared their views on the potential for cooperation between the two countries in labor supply and high-quality workforce training, especially in health care, hospitality, infrastructure, biotechnology, chemistry, and medical and education equipment.
(Source: WVR/VNA)
