VietNamNet Bridge – Vietnam and Germany have agreed on specific
measures to develop bilateral relations on par with each country’s potentials
and strengths.
The two sides reached the
consensus during a working session between Vietnamese Foreign Minister Pham
Binh Minh and visiting German Minister of Economics and Technology Philipp
Roesler in Hanoi on September 17.
Minh applauded Philipp’s visit,
saying that it takes place in the context of rapid and effective development of
the Vietnam-Germany strategic partnership, which was established in October
2011.
He stressed that Germany is one
of Vietnam’s leading trade partners in the European Union (EU) with two-way
trade reaching nearly 5.6 billion USD in 2011, up 33 percent over the previous
year. The two sides are striving to raise the figure to 7 billion USD in the
coming time, he added.
Germany now has 185 valid
projects in Vietnam with a total registered capital of over 900 million USD,
ranking 24 among 95 countries and territories investing in the country.
Philipp affirmed that Vietnam is
one of Germany’s important partners in Southeast Asia.
With its young, abundant, dynamic
and creative workforce as well as large consumption market, Vietnam is becoming
a more attractive destination for German investors, he said, adding that around
230 German businesses are operating effectively in Vietnam, including Siemens,
Deutsche Bank, Metro Cash & Carry, Deutsche Telekom, BMW, Mercedes and
Audi.
At the working session, the two
ministers agreed to create favourable conditions for businesses and investors
to operate in each other’s market, and to support the acceleration of priority
socio-economic projects such as the metro route No. 2, the Vietnam-Germany
University and the German House in Ho Chi Minh City.
Minh spoke highly of the
efficiency of Germany’s ODA projects in macroeconomic reform, environmental
protection, health and vocational training, which, he said, contribute to
Vietnam’s socio-economic development and international integration.
He suggested that Germany
increase investment in Vietnam and continue prioritising the country as a
recipient of its ODA in the coming time while expanding cooperation to other
fields such as climate change, clean and renewable energies.
Philipp also affirmed that
Germany will continue to support Vietnam in strengthening its comprehensive
cooperation with the EU and accelerating negotiations on a Free Trade Agreement
(FTA) with the union as well as speeding up the ratification of the Partnership
and Cooperation Agreement (PCA).
Later on the day, the German
minister met with Vietnamese Deputy Foreign Minister Le Luong Minh, who has
been nominated by the Vietnamese Government to the post of ASEAN Secretary
General for the 2013-2017 term.
Also on September 17, the
National Economics University presented Philipp with an honourary doctorate in
recognition of his outstanding contributions to economic, cultural,
educational, scientific and technological cooperation between Vietnam and
Germany.
Germans gets good welcome
Viet Nam will always create
favourable conditions for businesses from Germany in general and the State of
Hesse in particular to invest in Viet Nam, Deputy Prime Minister Nguyen Thien
Nhan has said.
During a reception yesterday for
former Governor of the Hessen state Roland Koch, Nhan also spoke highly of
Koch's contributions toward making Germany Viet Nam's largest trade partner in
the European Union, expressing his hope that the former governor will continue
to further boost Viet Nam-Germany partnership.
He said he believes that Hessen
authorities will continue supporting Viet Nam in the fields of education and
vocational training.
VNN/VNS/VNA
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