Fresh German milestones to come

Fresh German milestones to come

Since Germany and Vietnam elevated their bilateral relations to a strategic partnership in 2011, the cooperation between the two countries has developed strongly in various fields. According to the Vietnamese Ministry of Planning and Investment, as of December 20, 2022, Germany had over 440 valid projects in Vietnam registered at $2.37 billion, mainly focused on manufacturing, processing, and energy. Currently, about 500 German enterprises are active in Vietnam, creating 50,000 jobs.
Vietnam’s role in Germany’s commercial approach

Vietnam’s role in Germany’s commercial approach

The transition process of the Development and Climate Alliance by Germany’s Ministry for Economic Cooperation and Development (BMZ) is in its infancy. The German government is anticipated to withdraw bilateral initiatives responsibly and on the basis of Germany’s cooperation expertise, as well as by combining knowledge acquisition from other countries that provide development aid.
Resilient and strategic breakthroughs

Resilient and strategic breakthroughs

Based on experiences and lessons learned last years to fight against the pandemic and struggling with the uncertainties of the world’s economy, Minister of Planning and Investment Nguyen Chi Dung told VIR’s Nguyen Huong about Vietnam’s strengths, and plans to reach the goals set forth on socioeconomic development, and enhance the efficiency of investment mobilisation.
The vital mission to ramp up foreign capital attraction

The vital mission to ramp up foreign capital attraction

Vietnam’s foreign capital attraction achieved much last year. VIR’s Kim Oanh met with Phan Huu Thang, former director-general of the Foreign Investment Agency under the Ministry of Planning and Investment, to review recent highlights and weigh up predictions for 2023.
China’s re-opening to impact Vietnam

China’s re-opening to impact Vietnam

China’s re-opening will boost Vietnam’s economy in tourism, exports and foreign direct investment (FDI).
New opportunities for local auto-suppliers to take off

New opportunities for local auto-suppliers to take off

Foreign automobile manufacturers are expanding their operations in Vietnam, opening opportunities for domestic suppliers to take off.
The return of China: mostly positive news for Vietnam

The return of China: mostly positive news for Vietnam

After three years of isolation, China is finally exiting its restrictive pandemic strategy. Patrick Lenain, senior associate of the Council on Economic Policies, points out how Vietnam might take advantage from this change.
New power generation sources proves scant

New power generation sources proves scant

Diversifying power sources to feed the national grid has become imperative as the majority of power comes from hydropower plants, which are at the mercy of climate conditions.
European business community confident in Vietnam

European business community confident in Vietnam

With Vietnam's strong economic fundamentals, and its commitment to sustainability, the European business community remains strongly confident in the Vietnamese market.
RCEP boosting like-minded vision among bloc members

RCEP boosting like-minded vision among bloc members

With one-year entry into force of a regional trade deal, ASEAN is expecting to boost further investment and trade cooperation. In this landscape, Vietnam is becoming a top destination for regional partners.
Promoting potential in fit-for-purpose startup scene

Promoting potential in fit-for-purpose startup scene

Vietnam is expected to be on fire with emerging startups and innovative technologies as 2023 unfolds. Herston Elton Powers, managing partner of 1982 Ventures
Supporting venture capital funds in 2023 and beyond

Supporting venture capital funds in 2023 and beyond

Vietnam has seen an astounding increase of activity from foreign venture capital investors over the last five years. Eric Johnson from FreshfieldsBruckhaus Deringer LLP explains how this supports companies involved in developing Vietnam’s digital economy – a stated priority of the government.
Vietnam should act now to avoid pandemic resurgence

Vietnam should act now to avoid pandemic resurgence

After three years of isolation, China lifted domestic lockdowns and opened up its borders on January 8, just in time to allow their citizens to travel and flood all parts of the globe for the Chinese New Year. Within China alone, over two billion trips are expected to take place over the holidays.
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