09:53 | 12/12/2018 Cooperation
(VEN) - Leipzig has become the first German city to open a representative office in Ho Chi Minh City (HCMC), seeking to enhance its business ties with Vietnam and support Leipzig’s companies in doing business in the country.
The official opening ceremony of the office, located at German Business Incubator Vietnam in the Deutches Haus HCMC, attracted about 120 representatives from German and Vietnamese businesses and organizations on December 6.
Andreas Siegel, German Consul General in Ho Chi Minh City expressed his pride in witnessing the first German city to open a representative office in Vietnam.
Marko Walde, Chief Representative of German Industry and Commerce Vietnam (GIC/AHK Vietnam), said the opening of a representative office was a step in the right direction.
Leipzig’s economy has developed rapidly in recent years, transforming it into one of the strongest cities in Germany. The metropolis in Saxony state stands out for its employment generation and excellent infrastructure, ensuring high living standards for its 500,000 residents. More than 47 percent of the goods produced in Leipzig are exported, making Saxony companies highly competitive at both national and international levels. Its key economic sectors are the automobile industry, logistics, healthcare, biotechnology, energy and environmental technology, as well as the media.
Apart from its strong economy, vibrant cultural activities and educational opportunities enhance Leipzig’s attractiveness. It is one of the most popular student cities in Germany. Up to 30,000 new students register for the university and HTWK Leipzig every year.
Vietnam and Leipzig have enjoyed a long-term relationship, not only in business but also in areas like education, culture and technology exchange.
Torsten Bonew, Leipzig’s First Mayor, said the city chose the German Business Incubator Vietnam for opening its rep. office because it was an ideal location to support German startups, including small and medium enterprises, with the best and most direct approach to the Vietnamese market.
He noted that Ho Chi Minh City and Leipzig had signed an MOU in 2015, focusing on bilateral cooperation in healthcare, energy and environmental technologies, sustainable urban development, science, as well as education and training. This was a strong foundation for the relationship between the two sides to strengthen continuously, he said.
Bonew added that Leipzig was home to a strong Vietnamese community living and studying in the city, and this would form a good bridge between the city and Vietnam.