Marko Walde News Today

The Delegation of German Industry and Commerce in Vietnam (AHK Vietnam) has announced that Peter Kompalla has assumed the role as its new chief representative since April 1.

Amidst the prevailing winds of trade protectionism and escalating international sanctions, German investment in Vietnam is a testament to German investors trust in the potential of the Southeast Asian country.

German investment and favor for manufacturing activities in Vietnam are testament to the burgeoning partnership between the two nations, says the Delegation of German Industry and Commerce in Vietnam (GIC/AHK).

Despite the current slowdown, German companies remain strongly committed to investing in Vietnam, understanding the long-term opportunities.

In 2024, the Delegation of German Industry and Commerce in Vietnam (AHK Vietnam) celebrates a significant milestone – 30 years of dedicated presence in Vietnam.

Despite a slowdown in industrial production, confidence among the business community is expected to continue climbing, which is backed by government efforts to provide a more friendly business environment.

Vietnam was able to report strong foreign investment attraction results for the whole 2023 on the back of efforts to improve the domestic investment climate.

Vietnam has made a closer step towards international assistance for its energy transition by announcing its net-zero emission implementation plan on the grand stage of the COP28 climate summit.

To mark the 32nd anniversary of Vietnam Investment Review, members of domestic and international organisations as well as the business community share their sentiments about its role, including contributions to drive business development.

Many localities have already exceeded their targets in foreign investment capital for the whole year, thanks to large projects being registered and administrative improvements being made.