Germany to support Vietnam in fostering socioeconomic growth

October 07, 2022 | 08:15
(0) user say
Germany is willing to make significant efforts to support Vietnam in achieving its socioeconomic growth goals in collaboration with the target of carbon neutrality by 2050 and the phase-out of coal-fired energy by the 2040s.
Germany to support Vietnam in fostering socioeconomic growth

Deputy head of the German Embassy in Hanoi, Simon Kreye spoke at the reception on the occasion of the German Unity Day, which was organised at the ambassador’s residence, that the relationship between Vietnam and Germany has improved, even in the pandemic.

Germany has donated more than 10 million vaccine doses and valuable, life-saving medical equipment to Vietnam. This collaboration will continue.

“As a result, Germany and Vietnam have not distanced themselves from each other during the pandemic, but have come closer to each other. The German-Vietnamese friendship has stood the test of time during the pandemic,” he said.

Germany has donated more than 10 million vaccine doses and valuable, life-saving medical equipment to Vietnam. This collaboration will continue.

In recent months, there has been a welcome revival in travel between countries, including official delegations, such as Minister of Foreign Affairs Bui Thanh Son's trip to Germany last week. In addition to Federal Foreign Minister Baerbock, Minister Son also met Federal President Steinmeier and Federal Council President Ramelow. Other high-level encounters will follow in the coming weeks and months.

In total, more than 350 German companies have invested almost $3 billion in Vietnam and provided employment to more than 50,000 people. The trend is positive, as can be seen from the many expressions of interest in just the last few weeks.

“Besides this, we congratulate Vietnam on its ambitious goals, as announced by Prime Minister Pham Minh Chinh at last year's COP26 conference: carbon neutrality by 2050 and phase-out of coal-fired energy by the 2040s. Germany is willing to make significant efforts to support Vietnam in achieving these goals. We want to get involved with others in a Just Energy Transition Partnership with Vietnam. Germany is building on years of development cooperation in the areas of energy and environmental protection,” Kreye said.

Vietnamese using new passport form can travel to Germany Vietnamese using new passport form can travel to Germany

Germany now temporarily recognises the new model Vietnamese passport that provides information about the place of birth. Visa issuances will resume, with the exception of multi-year type C visas.

An enticing arena for German groups An enticing arena for German groups

In recent years, Vietnam has turned into a bright spot for foreign direct investment, especially for German investors, and there are many major reasons why this is the case.

Germany’s Geuther to fuel boom of Vietnam’s mum and kid market Germany’s Geuther to fuel boom of Vietnam’s mum and kid market

Geuther, a premium kid’s furniture brand from Germany, has officially joined Vietnam's mum and kid market, which has been rising very fast and attracting many domestic and foreign corporations.

Germany's nuclear stay fails to quell debate Germany's nuclear stay fails to quell debate

Germany's decision to keep two atomic plants on standby through the winter amid a power crunch has exposed cracks in the government and unleashed criticism from economic and energy experts.

Connecting continents via close multi-sector cooperation Connecting continents via close multi-sector cooperation

October 3 will mark the 32nd anniversary of Germany’s reunification. Marko Walde, chief representative of the Delegation of German Industry and Commerce in Vietnam (AHK Vietnam), writes about how important the Vietnamese market is to German investors.

By Nhat Ha

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional