Chapter III (2015–2025): Modernization and Milestones
The period from 2015 to 2025 marked a phase of modernization and significant milestones for the GBA. In 2015, GBA celebrated 20 years of operation, reflecting on two decades of achievements and growth. By 2017, membership exceeded 265 members, reflecting the dynamic opportunities in the Vietnamese market. The opening of the Deutsches Haus Ho Chi […]
Chapter I (1995–2005): “Foundations of Success: Establishing the GBA’s Presence”
In 1995, when the German Business Association (GBA) was founded, Vietnam’s market conditions for foreign direct investment (FDI) were characterized by significant economic reforms following the Đổi Mới (Renovation) reforms initiated in 1986. These reforms transitioned Vietnam from a centrally planned economy to a socialist-oriented market economy, creating a more conducive environment for foreign investment. […]
GBA x Hanoi Radio Television: ESG: A Competitive Advantage and an Opportunity for Vietnam
In a recent interview with Hanoi Television, GBA Co-Chairman Mr. Torben Minko shared his insights on the importance and benefits of ESG (environment, society, governance) for businesses and investors. He also discussed the challenges and opportunities for small and medium-sized enterprises (SMEs) in Vietnam to adopt ESG practices and standards. Mr. Minko explained that ESG […]
Legal updates by Dr. Oliver Massmann | January 2024
Our long-standing GBA board member Dr. Oliver Massmann, Partner at Duane Morris Vietnam LCC, is sharing the most relevant legal updates with you. The Plan for power supply and operation of Vietnam’s power system in 2024 Government agrees to VAT cut of 2% in 1H 2024 New decree on government debt instruments on horizon Incentives […]
GBA x Hanoi Radio Television: Vietnam – A Potential Market for German FDI
Stable politics, transparent policies, technological innovation, abundant labor, and increasingly improved infrastructure are important factors that make Hanoi in particular and Vietnam in general become a potential investment destination for German FDI investors. In recent years, Vietnam has increasingly attracted many foreign investors, in which Hanoi is one of the leading localities in the country […]