German delegation assesses investment environment

09:11 | 16/10/2015 Economy

A delegation of German businessmen arrived in Vietnam on October 12 for a visit to assess the country’s investment environment, according to Vietnam’s Foreign Ministry.

German delegation assesses investment environment

(Source: Ministry of Foreign Affairs)

The delegation, which includes executives whose companies are looking to invest in Vietnam, or are already doing business in the country, will conduct a five-day evaluation, visiting German subsidiaries in Hanoi and other parts of the country.

The German Industry and Commerce (GIC) is to hold a forum to provide domestic businesses a chance to meet with and discuss cooperation opportunities directly with members of the delegation.

Last year’s bilateral trade between the two nations hit 8 billion Euro and posted an average growth rate of 15-20% over the past five years.

According to a spokesperson for the GIC, Germany is a strategic and key partner of Vietnam. At present, there are around 300 businesses operating and/or investing in Vietnam./.

Source: VOVnews