HCM City (VNA) – Vietnam will facilitateGerman enterprises’ partnership with local firms in different fields ofeconomy, culture, education and environment, said Nguyen Hoang Long, head of theForeign Affairs Department at the Ministry of Foreign Affairs, on May 12.
He made the remarks at the workshop Meet Germany 2017co-held by the Delegate of German Industry and Commerce in Vietnam and theForeign Affairs Department in HCM City.
Germany is Vietnam’s biggest trade partner in the EUthat acts as a key transit point for Vietnamese exports to the Europe, Longsaid.
He cited the fact that investors from Germany haveoperated many projects across Vietnam while more than 100,000 Vietnamese expatsand 8,000 Vietnamese businesses are residing in the EU country.
There will be more opportunities for the two countriesto enhance cooperation and exchanges in trade, culture, education andenvironment, the official affirmed.
Speaking at the workshop, Iris Gleicke,Parliamentary State Secretary in the Federal Ministry for Economic Affairs andEnergy, spoke of Vietnam’s important geographic location. German firms haverealized great potential for investment in Vietnam as from there they can geteasier access to other countries in Southeast Asia, she said.
In fact, they also obtained many support fromlocal authorities in Vietnam, she noted.
The workshop featured a direct dialoguebetween local authorities and state agencies and 20 enterprises from Germanywhose inquiries focused on process and procedures for starting an investmentproject in Vietnam.
Representatives from authorities of HCM City, Da Nang, Dong Nai, Long An and Binh Duongalso provided the German companies with updates on public administrationreforms, including the application of information technology, makingappointments via phones, and 7-day service for granting an investment license.
HCM City currently hosts about 132 German-investedprojects, worth over 132 million USD while Germany has operated seven projectsin Dong Nai with a total investment of more than 700 million USD, representingroughly half of its investment in Vietnam.-VNA
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