In Bayern, the Vietnamese Ambassador to Germany, Nguyen Thi Hoang Anh (third from left), said this not only demonstrated the comprehensive strategic partnership between the two nations, but also confirmed that Viet Nam was a reliable market for German investors. — Photo viethaingoai

BERLIN (Biz Hub) — Viet Nam was one of the main participants at the 12th Asia-Pacific Economic Forum held in the German state of Bayern last week as the two countries celebrated 40 years of diplomatic ties. Nearly 200 businesses featured at the event.

Viet Nam was chosen to attend this year's Asia-Pacific Forum following the success of the Asia-Pacific Conference of German Business organised in HCM City in November last year.

In Bayern, the Vietnamese Ambassador to Germany, Nguyen Thi Hoang Anh, said this not only demonstrated the comprehensive strategic partnership between the two nations, but also confirmed that Viet Nam was a reliable market for German investors.

Anh said the Vietnamese Government had enacted measures to improve the local business climate, create a legal framework to ensure publicity and transparency for foreign enterprises, and simplify administrative procedures.

She said political stability, an improved legal system and administrative formalities, and skilled human resources made Viet Nam more attractive to German firms.

The two countries established a strategic partnership framework in 2011. The Trans-Pacific Partnership Agreement will be signed later this year as the ASEAN Economic Community takes shape.

The Ambassador said that more than 100,000 Vietnamese spoke German, noting that 125,000 overseas Vietnamese were living and working in Germany. — VNS