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Vietnam Roadshow: Unveiling Vietnam's Potential for German Business Investment

15/12/2023

The Vietnam Roadshow, organized by AHK Vietnam, was a remarkable journey that showcased Vietnam as an appealing investment destination for German businesses. Each conversation with company representatives offered valuable tips, expert insights, and shared experiences to guide companies in navigating Vietnam's dynamic market effectively.

Across the cities where our delegation arrived, we sensed strongly the eagerness of representatives from Germany to explore Vietnam's investment potential. The enthusiasm displayed by these companies reflects the growing recognition of Vietnam's vibrant market and its promise of success. AHK Vietnam, alongside its esteemed partners such as Luther Law Firm, contagi JP, DEEP C Industrial Zones Vietnam, Phu My 3 Specialized Industrial Park, VSIP Vietnam, and BW Industrial Development JSC, provided invaluable guidance to help companies diversify their operations in Vietnam.

We kicked off with a delightful visit at Alfred Kärcher SE & Co. KG, a world-renowned manufacturer of high-pressure cleaners and other cleaning equipment. The company is currently building a factory in Quang Nam Province located in Central Vietnam. In Stuttgart, the delegation’s experts unveiled the business opportunities and challenges in different locations or regions in Vietnam from the North to the South.

Moving to Lower Saxony, the delegation had a blast stopping by Phoenix Contact in Bad Pyrmont, where in-depth discussions were held to gain insights into the company's strategies and plans for Vietnam. These conversations provided a deeper understanding of the collaborative opportunities between German businesses and Vietnam. The journey culminated in Hannover, where the Vietnam Supply Chain Diversification Workshop was successfully organized despite circumstances such as a railway strike and adverse winter weather. The workshop attracted a diverse range of attendees, demonstrating a keen interest in exploring Vietnam as a viable option for diversifying supply chains.

Vietnam emerges as a potential and safe investment destination for German companies. Recently, Vietnam has been listed among the 34 countries and territories where German businesses will receive better investment guarantees from the Government of Germany when they invest there. With its vibrant economy, strategic location, skilled workforce, and favorable business climate, Vietnam offers numerous opportunities for German businesses seeking growth and expansion. AHK Vietnam remains dedicated to providing ongoing updates and events, ensuring that insights into Vietnam's business climate and the facilitation of international partnerships continue to thrive.

AHK Vietnam also offers a range of services to support businesses in their ventures. These services include market research and analysis, assistance in establishing a local presence, networking opportunities with key stakeholders, and access to industry-specific knowledge. By leveraging AHK Vietnam's expertise and services, companies can gain a competitive edge and make informed decisions in the Vietnamese market.

To learn more about AHK Vietnam's services and how they can benefit your business, please visit >>> https://vietnam.ahk.de/en/services