German firms explore opportunities in Viet Nam

Saturday, Mar 08, 2014 10:21

HA NOI (Biz Hub)  — German businesses are keen to collaborate with Vietnamese partners involved in the production of chemicals and additives.

This observation was revealed at a Germany-Vietnam business forum held by the Germany Chamber of Industry and Trade in HCM City, on Thursday.

Business executives discussed collaboration to expand their firms' production, open representative offices, and expand the market share of German businesses in Viet Nam.

The event provides an opportunity for the local companies to establish new joint ventures, access new sources of investment, and gather useful information on the European market.

By the end of 2013, Germany, Viet Nam's 22nd largest investor, had invested in more than 200 projects in the country, with a registered capital of over US$1.1 billion.— VNS



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