Fresh German milestones to come
Since Germany and Vietnam elevated their bilateral relations to a strategic partnership in 2011, the cooperation between the two countries has developed strongly in various fields. According to the Vietnamese Ministry of Planning and Investment, as of December 20, 2022, Germany had over 440 valid projects in Vietnam registered at $2.37 billion, mainly focused on manufacturing, processing, and energy. Currently, about 500 German enterprises are active in Vietnam, creating 50,000 jobs.
Source: vir.com.vn