The Vietnam trade mission in Germany coordinated with the Berlin – Brandenburg automotive association (aBB) and authorities of the Vietnamese province of Nam Dinh to hold a roundtable on cooperation in the automobile industry.

Potential for cooperation between Vietnam and Germany remains huge with new opportunities, as Germany is currently an economic locomotive of the European Union (EU), and also Vietnam’s largest trading partner in the region, according to Ambassador Vu Quang Minh.

The 2019 Leipzig Trade Fair is a good opportunity to promote cooperation between Germany’s Leipzig and Ho Chi Minh City, and Vietnam and Germany, said German officials.

German businesses are ready to cooperate with and support Vietnam in developing wind power as the country boasts huge potential for renewable energy, including wind energy.

Deputy Prime Minister Pham Binh Minh has signed Decision 519/QD-TTg approving the proposal on a German-funded project to apply smart power network to develop renewable energy and energy efficiency in Vietnam.

A one-week visit to HCM City from November 23 by executives from eight German wind energy companies will offer the opportunity for wind-power companies in the two countries to build partnerships.