PM encourages German investment in Vietnam

The Vietnamese Government will create all favourable conditions for German businesses to invest in Vietnam, especially those operating in manufacturing and infrastructure construction, says Prime Minister Nguyen Tan Dung.

  • Legal stability to attract German businesses: Philipp Roesler

PM Dung made the remark at a September 18 reception for Germany’s Minister of Economics and Technology Philipp Roesler in Hanoi.

Applauding Roesler’s visit, Mr Dung expressed his delight at the increasing development of the sound relationship between Vietnam and Germany in various fields, including politics, economics, trade and investment to development cooperation, education and training, and culture, particularly since the two countries set up their strategic partnership last October.

He spoke highly of the working results between Roesler and leaders of ministries and sectors of Vietnam, affirming the support for both sides to effectively implement the signed cooperation agreements, especially in infrastructure construction, trade, education and training and development aid.

The government leader suggested that the two sides speed up the agreed projects, such as the metro line No.2 in Ho Chi Minh City, the German House and the Vietnam-Germany University and German International School, as part of efforts to boost the effectiveness of bilateral cooperation.

He also asked Germany to help Vietnam resolve issues in the East Sea through peaceful negotiations, based on international law.

Roesler said his Vietnam visit aims to further strengthen the relationship between the two countries in all fields, especially economics, trade, investment, and education and training.

The Minister emphasised that Germany supports Vietnam in boosting comprehensive cooperation with the European Union (EU) and speeding up the approval process of the Vietnam-EU free trade agreement.

He affirmed that Germany is willing to help Vietnam in areas of finance, science and technology, as well as to increase its development aid to Vietnam.

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