Germany development cooperation

Vietnamese Ambassador to Germany Vu Quang Minh (R) and Parliamentarian Andreas Scheuer (Photo: VNA) Hanoi (VNA) – Vietnamese Ambassador to Germany Vu Quang Minh on June 22 had a working session with Parliamentarian Andreas Scheuer, President of the Asian Bridge Initiative programme, on prospects for strengthening cooperation between Vietnam and the European Union (EU) in general, and Germany in particular. The two sides agreed that there remains large room to develop bilateral cooperation between Vietnam and Germany , especially in the economic field. They emphasised the importance of strengthening the exchange of all-level delegations, including business delegations, in order to bring information about the potential of Vietnam and Vietnamese businesses closer to partners in Germany and Europe in general. Scheuer, who is also former German Federal Minister of Transport and Digital Infrastructure, affirmed that the executive board of the programme wishes to further … [Read more...] about Large room for Vietnam, Germany to boost cooperation: parliamentarian

In a working session with Vietnamese Ambassador to Germany Vu Quang Minh on June 23, the official said that Germany is ready to support Vietnam in building medical centres and facilities. Given the new context of the world and regional economic and political affairs, Germany and Vietnam face many challenges, but also have opportunities to deepen good strategic partnership and create favorable conditions for businesses of the two countries to enhance and expand collaboration, he said. During the meeting, the two sides reviewed the development of cooperation between Germany and Vietnam, including the implementation of Germany's official development assistance (ODA) projects for Vietnam. The German official highlighted the need to simplify procedures relating to the management and use of ODA to ensure its effectiveness, contributing to Vietnam’s sustainable development. Ambassador Minh expressed his sincere thanks for the great support of the Government and people of the Federal … [Read more...] about Vietnam, Germany to boost bilateral cooperation

Germany helped Vietnam initiate its Smart Grid roadmap in 2017 when the Southeast Asian country did not yet have a complete energy transition concept and had not yet committed to net zero. Germany has a strong interest in supporting sustainable development in middle-income countries such as Vietnam, focusing on policy development, capacity improvement, and the promotion of technology cooperation and transfer. Smart Grid in Vietnam. Photos: GIZ The idea has been raised by Tobias Cossen, Programme Director of the GIZ Energy Support Programme (ESP), a partnership established in 2013 between Vietnam’s Ministry of Industry and Trade (MOIT) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH after the two countries listed energy one of their cooperation priorities since. ESP, which focuses on renewable energy and energy efficiency, aims to contribute to Vietnam’s emissions reduction strategy and green growth strategy by improving the … [Read more...] about Vietnam – Germany, dynamic duo for energy transition: GIZ

President Nguyễn Xuân Phúc on Tuesday had talks with Honorary Consul of Việt Nam in Switzerland Philipp Rosler in Hà Nội. — VNA/VNS Photo Thống Nhất HÀ NỘI — President Nguyễn Xuân Phúc on Tuesday hosted a reception for Honorary Consul of Việt Nam in Switzerland Philipp Rosler and a Swiss business delegation who are visiting Việt Nam to seek opportunities for trade and investment cooperation between Việt Nam and Germany and Switzerland. The State leader hailed the contributions by Rosler to the Việt Nam-Germany strategic partnership either as a German politician in the past or a business leader and Việt Nam’s Honorary Consul in Switzerland at present. Noting the fast recovery of tourism in Việt Nam, President Phúc said he hoped more and more tourists and businesses from Europe would come to the country following the reopening. According to the President, although the EVFTA has opened up opportunities for trade and investment ties between Việt Nam and Germany and Switzerland, … [Read more...] about President hosts Honorary Consul of Việt Nam in Switzerland

Inadequacies in salary are causing a shift of workers among foreign-invested enterprises. Taiwanese-backed Foxconn, the world’s largest iPhone contract manufacturer, is complaining about a battle to attract more affordable labour with its Chinese rivals in Vietnam. Young Liu, CEO and chairman of Foxconn, this month accused the company’s Chinese competitors of setting up campuses near its base in Vietnam to get closer to its workers. Foxconn’s campus, located in the northern province of Bac Ninh, currently employs around 60,000 workers, and the company has plans to increase that number over the next two years. Once the battle for workers becomes more serious, the company may face the risk of employee shortages. While the Foxconn CEO would not disclose the names of the competitors involved, the current crop of 31 companies – employing around 160,000 workers – that produce Apple products in Vietnam include major names such as Luxshare ICT, Pegatron Vietnam, and BYD Electronics … [Read more...] about Foreign groups battle to retain their workers

The State leader hailed the contributions by Rosler to the Vietnam-Germany strategic partnership either as a German politician in the past or a business leader and Vietnam’s Honorary Consul in Switzerland at present. Noting the fast recovery of tourism in Vietnam, President Phuc said he hopes more and more tourists and businesses from Europe will come to Vietnam. According to the President, although the EVFTA has opened up opportunities for trade and investment ties between Vietnam and Germany and Switzerland, bilateral trade between Vietnam and those countries decreased in 2021 due to the pandemic. Phuc urged the three countries to act to further bolster economic, trade and investment cooperation. He asked Rosler to continue working to promote the Vietnam-Germany strategic partnership and the Vietnam-Switzerland friendship and collaboration, particularly the early signing of a free trade agreement between Vietnam and the European Free Trade Association (EFTA). He added that he … [Read more...] about President hosts Honorary Consul of Vietnam in Switzerland

Agricultural circular model gains traction - illustration photo Nghiem Xuan Thanh, Secretary of Hau Giang Party Committee, last week worked with a joint venture between THD Vietnam Project Development JSC and THD Vietnam Agricultural Mechanised Construction JSC to discuss plans to develop an agricultural complex under the circular economic model worth around $1.74 billion. The complex combines two components – the first is a $943.5 million project based on the agriculture-industry-energy (AGINE) model, with the main focus on high-tech organic agriculture in rice cultivation, linking the agricultural processing industry to food products and the production and use of renewable energy. The second model, known as GreenDevi, has an investment capital sum of $782.6 million and represents green development characteristics in agricultural production, including livestock cultivation, circular production and processing without environmental waste, and maximum use of renewable energy to … [Read more...] about Agricultural circular model gains traction

Making his remarks in a virtual meeting with the Vietnam News Agency's correspondent in the U.K. ahead of the top legislator’s trip from June 28-30, David said the visit is important not only symbolically, but in a very practical sense as well, because during the visit, the two sides will be talking about different issues important to both countries. According to the APPG Chair, Hue will be meeting not only the Speaker of Commons and the Speaker of Lords, members of all political parties and the APPG, but also members of the government, including the Deputy Prime Minister and the Home Secretary. Therefore, the visit is not only official but also practical. According to David, for a number of years, there has been relations between the National Assembly of Vietnam and the British Parliament, but this relationship has seen a formalization over last few years, particularly with the British Inter-parliamentary union's visit to Vietnam in October 2018. He said the visit, led by … [Read more...] about Top legislator’s U.K. visit comes in opportune and important time: APPG Chair