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German enterprises seeking trade cooperation

Released at: 16:47, 06/10/2015

German enterprises seeking trade cooperation

Delegation to visit Vietnam from October 12 to 16 to meet potential partners.

by Minh Tuyet

Ten German enterprises will visit Vietnam from October 12 to 16 to seek trade opportunities, according to German Industry and Commerce in Vietnam (GIC/AHK). The Head of the delegation of German enterprises is Director Marketing & Communication and Director Eastern Germany at Germany Trade & Invest (GTAI), Mr. Peter Alltschekow.

They seek cooperation in architecture, building clean water plants, building and exterior materials, pre-cast concrete, prefabricated housing, portable instrument production, tool manufacturing,  machinery, ophthalmology equipment, chemicals used in the tanning industry, and potato growing.

Some are among the largest enterprises in Germany, including Norex Norika, which is looking for partners in agricultural technology, B.T.innovation GmbH, which is seeking cooperation in concrete production, and others such as Selectrona GmbH, WMB Werkzeugmaschinenbau Halle GmbH, and Koenig Design.

Two business conferences will be held to bolster trade cooperation between the two countries, in Hanoi at the Sofitel Plaza Hanoi on October 13 and in Ho Chi Minh City at the Pullman Saigon Centre on October 15.

Germany is now a strategic partner of Vietnam in the EU. Bilateral trade in 2014 was around $8.9 billion. In the last five years annual trade growth has been from 15-20 per cent. The main goods exported from Vietnam to Germany are telephones (26 per cent), textiles (14 per cent), footwear (11 per cent), and coffee (9 per cent).

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