Foreign direct investment (FDI) in Vietnam in 2024 is estimated to reach over 25.3 billion USD, an increase of 9.4% compared to the previous year and the highest level ever. Among this, German investment in Vietnam reached a record high, with more than 530 German enterprises operating, totaling 3.6 billion USD, despite the global economy […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
(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 […]
