HCM CITY (Biz Hub) — The German Business Association (GBA) yesterday celebrated its 20th anniversary in Viet Nam, a milestone for the establishment of the bilateral German-Vietnamese Chamber of Commerce in the future.

The ceremony was attended by representatives of GBA's 190 member corporations, the heads of affiliated European Business Association and Chambers of Commerce, and representatives of the German Embassy and German Consulate as well as from the Vietnamese Government.

After the15th anniversary celebration in 2010, the GBA has regularly organised more than 286 business, networking and social events, which have attracted more than 120,972 participants in HaNoi and HCM City.

"We are keen on further strengthening bilateral ties and trade exchange between Germany and Viet Nam by merging with the Delegation of the German Industry and Commerce (GIC/AHK) and the GBA in the future bilateral German-Vietnamese Chamber of Commerce, " said Jens Ruebbert, GBA's chairman.

The merger focuses human, financial and operative resources to strengthen the German business presence and visibility in Viet Nam and to attract further German investment into the country. — VNS