German businesses are keen on investment and trade potential in the Vietnamese market, particularly new opportunities arising from the EU-Vietnam Free Trade Agreement (EVFTA).
Germany’s ZF Friedrichshafen, a global technology company, inaugurated its first plant producing chassis modules for cars in northern Hai Phong city on Friday.
Prime Minister Nguyen Xuan Phuc expressed hope that Germany, as the largest economy and an influential member of the European Union (EU), will help attract global resources into Viet Nam.
German businesses are positive on Viet Nam''s economic outlook and have
high expectations for next year in terms of sales, production, human
resource demand, and capital expenditure, according to a survey by the
German ASEAN Chamber Network.