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German businesses commit to long-term partnerships in Vietnam

Despite facing short-term challenges, our members remain committed to the long-term opportunities that Vietnam offers. In 2024, the industrial sector’s performance fell below expectations, with a slower-than-anticipated recovery. However, indicators show improvements in Q4. Consumer confidence, unfortunately, remains low, compelling our members in related sectors to adjust their business activities. Nevertheless, German investors’ dedication to […]

January 18, 2025

Media News

What do foreign investors expect from Ho Chi Minh City’s international financial center?

On January 4, Prime Minister Pham Minh Chinh was present at a ceremony where the urban planning framework for Ho Chi Minh City for the 2021-30 period, with a vision to 2050, was revealed. This framework includes plans for establishing an IFC. Among the attendees were key figures from Vietnam-based foundations, including Alexander Ziehe, chairman […]

January 18, 2025

Business Roundtable with German Ambassador H.E. Helga Margarete Barth

The German Business Association (GBA) is delighted to welcome Ambassador Helga Margarete Barth on her first trip to Ho Chi Minh City on December 2, 2024. This visit underscores the close partnership between the GBA and the German Embassy, which is crucial in our advocacy work to support our members’ interests. To mark this occasion, […]

December 3, 2024

Decoding German M&A Investments in Vietnam

M&A remains an important strategy for companies aiming to expand their global presence and transform their operations. This includes acquiring key technologies to drive non-organic growth in line with market trends. However, 2024 has seen a notable decline in activity across the Asia-Pacific region, with a 28 per cent year-over-year decrease. Vietnam has mirrored this […]

November 22, 2024

German Businesses Growing Interest in Green Initiatives in Vietnam

As hosts, Germany set the foundation for the crucial global dialogue of COP1 in 1995, and the German Business Association (GBA) has been closely connected to its objectives ever since. This year in Baku, global leaders and organisations will address pressing issues, with a particular focus on the 1.5-degree Celsius target. Many of our members […]

November 21, 2024

German Delegation Explores Investment Opportunities in Dong Nai

Dong Nai, November 7 – A delegation of over 45 German enterprises and investors, led by GBA Chairman Mr. Alexander Ziehe and Chief Representative of AHK Vietnam Mr. Peter Kompalla, held constructive talks with the Vice Chairman of Dong Nai People’s Committee Mr. Vo Van Phi, and provincial departmental heads. The discussions centered on boosting […]

November 7, 2024

Vietnam’s Path to Becoming a Global Supply Chain Hub

Vietnam is strengthening its position as a key player in the global supply chain. The latest EuroCham Business Confidence Index Survey shows that over one-third of FDI enterprises rank Vietnam among the top three global investment destinations. However, challenges remain. Many FDI enterprises note that Vietnamese companies often struggle to meet international standards, conditions, and […]

July 23, 2024

Creating Momentum for Circular Economy Development

Implementing a circular economy is key to driving innovation, enhancing quality, efficiency, and competitiveness, and creating effective value chains. It balances economic growth with environmental protection, supporting commitments to nature conservation, biodiversity, carbon neutrality, and net-zero emissions by 2050. To promote this model among businesses, including FDI enterprises, priority policies are essential. The recent episode […]

July 23, 2024

GBA chairman Alexander Ziehe gestures at the GE VN Business For

Greening FDI: Unwavering commitment from German Business Association in Vietnam

(Press Release in Vietnamese here>>>) Ho Chi Minh City – The German Business Association (GBA) in Vietnam announced significant strides in the second quarter of 2024, underscoring the expansion of German businesses and the pivotal role of future minded actions in the country’s economic landscape. Despite facing a challenging investment environment, German enterprises continue to […]

July 16, 2024

Kärcher Expands Footprint with New Production Plant in Vietnam

On July 2, Kärcher Group, renowned for its high-pressure cleaning products, inaugurated and began operations at a new cleaning equipment factory at Tam Hiep Port Logistics Industrial Park, Quang Nam. This facility, with a total investment of over 500 billion VND (20 million Euros), includes a 13,500 m² factory and 1,600 m² of office space, […]

July 4, 2024