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HIGHLIGHTS OF THE MONTH

ASEAN Snapshot 2024: Hard Copies  

We are proud to announce that the hard copies of the most recent ASEAN Snapshot 2024 edition of The German Chambers ASEAN Business Council (GCABC), are now available for you to drop by at our Hanoi and Ho Chi Minh City office. 

For more information, kindly visit here>>>
or to understand more about the sub-region and its remarkable achievements in the past years, please download our PDF version here>>> 

Exploring the Diverse Market Landscapes of Cambodia: The German Delegation Journey

During a strategic visit to Cambodia from May 9 to 11, a 20-member German delegation led by AHK Vietnam and GBA held discussions with Cambodia’s Commerce Minister, H.E. Mrs. Cham Nimul, and high-ranking officials from the Council for the Development of Cambodia in Phnom Penh. The discussions centered on industries of interest, trade infrastructure between Vietnam and Cambodia, and the potential for market expansion in Cambodia.

GBA Chairman Mr. Ziehe and AHK Vietnam’s Chief Representative Mr. Kompalla emphasised the significance of our first Cambodia delegation for expanding business opportunities, using Vietnam as a base for global growth. They highlighted the delegation's role in demonstrating our strategy to foster German business partnerships in the region..

For those seeking to tap into this knowledge, reach out to Ms. Fiona Khin Nyein Thu email and Ms. Thuy Vu email, the experts in regional nuances, for strategic guidance and operational insights in CLM countries.

Find the the full article and the latest Cambodia’s investment handbook here>>>

 

Impressions of the "Career Day - Explore Your Future" in Hanoi 

On May 25, in Hanoi, the event, jointly organized by the German Embassy, Goethe Institut, GIZ, AHK Vietnam, and DAAD, attracted around 450 participants, including Vietnamese youth and companies interested in German job prospects.

AHK Vietnam offered valuable insights on the new Germany's new Skilled Immigration Act and offered consultations on employment and qualification recognition. The fair was an excellent platform for exploring study, work, and living opportunities in Germany. Future events aim to further enhance access to these opportunities.

For more details and photos, kindly visit here>>> 

Talkshow with VIR: Enticing FDI for Dual Transformation 

Vietnam's dual focus on green growth and digital transformation is key to its sustainable development. With that, the role of the business community, especially foreign-invested enterprises, is crucial to ensuring these goals can be reached. To discuss how to attract foreign investment for this dual transformation, on May 22, VIR is hosting a talk show featuring Ms. Dao Thu Trang, Member of Management Board, Head of Business Development Services, AHK Vietnam in Hanoi. 

For more details, kindly visit here>>>  

Navigating Regional Business Opportunities: Meeting Binh Dinh Province 

German manufacturing investments are thriving in Vietnam, highlighting the need for local understanding and partnerships. AHK Vietnam, a 30-year #PartnerInVietnam for German firms, is dedicated to fostering these connections. Our recent collaboration with Binh Dinh Province underscores this commitment. Past projects, such as investment conferences and delegation trips, demonstrate our fruitful cooperation. We thank Mr. Nguyen Thai Binh and his delegation for visiting our AHK Office, reinforcing our strong bond.

For more information, kindly visit here>>> 

Global Trends Reshaping the Reality of Vietnam's Economic Growth 

To become reliable partners with foreign buyers, Vietnamese private businesses are enhancing their competitiveness.

As part of the "Vietnam Report 2045" development, the Institute of Development Strategy and Konrad-Adenauer-Stiftung Vietnam organized the workshop “Vietnam 2045 Report: Global Economic Trends and Policy Implications for Vietnam” on May 21. Ms. Dao Thu Trang Dao from AHK Vietnam shared insights on Vietnam's essential role in the EU's Indo-Pacific strategy.

For more information, kindly visit here>>> 

[Save The Date] GBA Oktoberfest 2024

Each fall, we dust off our lederhosen, fire up the O'zapft band from Germany, and enjoy a tall mug of German beer at the GBA OKTOBERFEST 2024. Mark your calendars for the weekend-long, Bavarian-style celebration with authentic music, dancing, food, and beer - rated as the biggest beer festival in Southeast Asia since 1992!

26 - 27 - 28 SEPTEMBER | JW MARRIOTT HANOI

4 OCTOBER 2024 | FURAMA RESORT DANANG

10 - 11 - 12 OCTOBER | HOTEL NIKKO SAIGON

Stay tuned for our sponsorship package and ticket price scheme coming soon!

For any inquiries, please contact us at maianh@gba-vietnam.org or tel.: (+84) 903 720 788

[Save The Date] GBA Business Awards 2024

We are thrilled to invite you to a significant event that celebrates a milestone in Vietnam’s business achievements. Mark your calendar for THURSDAY, 29 AUGUST, as the GBA proudly hosts the GBA BUSINESS AWARDS 2024.

Open to GBA members, organisations of all sizes and sectors, from established corporations to innovative start-ups, the GBA Business Awards 2024 is not just an event but a testament to the spirit of innovation, quality, sustainability, and social responsibility that German businesses are renowned for.

Highlights: Recognition of Excellence, European Business Awards Pathway and Networking Galore.

Stay tuned for more details to come here>>>

GBA Launches Innovative “Coffee Talk with GBA Board Care-takers” Series

The GBA is pleased to announce the successful launch of the “Coffee Talk with GBA Board Care-takers” initiative. This dynamic platform allows our members to directly dialogue with the GBA Board members and office team, fostering connections and creating a sense of community.

Hosted by GBA Board members Mr. Brandenburg and Mr. Andermann, the first session witnessed lively exchanges of ideas among 15 participants on how to enhance membership value and community engagement.

Participants praised the originality of the Coffee Talk approach and its role in strengthening community bonds. It offered a stage for members to voice their forward-thinking suggestions regarding GBA’s strategic focus, and themes for upcoming events.

More details here>>> 

Foreign Representative Agencies Got First Experience of Metro Line No. 1 Ben Thanh – Suoi Tien

HCMC, April 26 - 200 representatives from Consulate Generals, international organizations, economic and cultural institutions, foreign business associations in Ho Chi Minh City including Dr. Josefine Wallat – German Consul General and Minh Nguyen – Vice Chairwoman of GBA and Quynh Anh Le – Executive Director of GBA had their first experience on the Metro Line No.1 from Ben Thanh District 1 to Suoi Tien Theme Park in Thu Duc City. 

More details here>>>

European Night 2024 co-hosted by GBA, CEEC & DBAV

HCMC, May 16 – The first European Night of the year, co-hosted by the GBA, CEEC & DBAV, has been hailed as a resounding success. A vibrant gathering of over 160 professionals from diverse sectors, all coming together to network and engage in a convivial setting.

Emphasizing the theme of collaboration for the year, GBA Vice-Chairwoman Minh Nguyen highlighted the importance of unity within the European community in Vietnam. The positive reception from our members, who viewed the event as an excellent platform for forging new connections, further reinforced this sentiment.

Explore the event album here>>>  

The Launch of the GBA Konnects

As our community grows and our commitment to supporting your businesses intensifies, we aim to provide a communication platform that can enhance business opportunities for all our members and business partners. Starting from May 2024, we will launch the “GBA Konnects” platform on Zalo.

This channel will allow GBA members to exclusively send out notifications on the following topics:

  1. Job Opportunities
  2. Products & Services
  3. Networking & Meetups
  4. Sourcing
  5. Professional Development
  6. CSR Initiatives

We are convinced that this will be a significant step forward in enhancing our community and supporting the interests of all our members. 

Learn more here>>>

GBA Referral Program

We are also thrilled to announce the launch of the GBA Referral Program, effective from May to July 2024. This program is designed to expand the vibrant GBA’s community with the invaluable support of our members and friends.

Benefits: For every successful member referral (SME/LE), you will receive one free monthly business meeting ticket.

Process:

  1. Refer: Simply refer a friend to GBA via email.
  2. Sign-Up: Your referral signs up and pays the membership fees within 3 months of the introduction.
  3. Reward: After their membership is confirmed, you will receive your well-deserved reward ticket for the monthly business meeting.

Learn more here>>>

FOCUS OF THE MONTH

Foreign Investment Disbursement Hits Record High in The First Four Months

The Vietnamese economy is expected to maintain momentum with improvements in FDI, industrial production, and retail sales in the first four months of the year:

  • CPI rose 0.07% month-on-month and 4.4% year-on-year.
  • April's total trade value reached approximately $61.2 billion.
  • FDI disbursement increased 7.4% year-on-year to $6.28 billion, the highest for January-April in five years.
  • Germany has 469 valid FDI projects in Vietnam, investing nearly $2.8 billion by April 20, 2024.

Find out more infographics on our website here>>> 

AHK Podcast #43 – Impact of Global Minimum Tax on Foreign Investors in Vietnam 

Over 140 nations, led by the OECD, enforced a global tax pact mandating a 15% minimum corporate tax to prevent profit hoarding in tax havens. Vietnam's National Assembly resolution on November 29, 2023, aligns corporate tax with Global Anti-Base Erosion Rules, effective January 1, 2024.

Let’s hear the insights from: 

  • Mr. Thang Vu - Tax Advisor at Luther Law Vietnam. 
  • Mr. Koen Soenens - General Sales and Marketing Director at DEEP C Industrial Zones. 

This episode will discuss the implications of Vietnam's tax reforms on foreign investors, available on Spotify>>> and Apple Podcasts>>> 

AHK World Business Outlook Spring 2024: Results are Published! 

According to DIHK and AHKs, German companies show increased optimism, with 31% expecting an economic upturn, up from 22% in autumn 2023. However, global business sentiment remains subdued due to concerns like low demand (45%) and uncertain economic policies (43%).

For detailed findings, refer to the DIHK press (German) release here>>> 

AHK Vietnam, a strategic #PartnerInVietnam, plays a crucial role in supporting German companies. Discover our services here>>> 

Charting New Heights: German Investments Unveiling Opportunities in Northern Vietnam 

Vietnam's economic resurgence sees Quang Ninh province retain its PCI crown for the seventh year running! This dedication to a business-friendly environment, as judged by 10,676 firms, positions Quang Ninh as a prime investment destination. Other provinces like Long An and Hai Phong are also showing impressive progress.  

Let's join forces to unlock Vietnam's full economic potential!  

For more details, kindly visit here>>> 

Legal Updates by Dr. Oliver Massmann | May 2024

Our long-standing GBA board member Dr. Oliver Massmann, Partner at Duane Morris Vietnam LCC, is sharing the most relevant legal updates:

  1. Incentive policy drafted to promote settlement of weak credit institutions
  2. Vietnam streamlines banking regulations, promotes shareholder flexibility
  3. E-ID cards to be issued nationwide
  4. Tax and land rent payment deadlines to be extended
  5. Prime Minister asks for more effective measures to stabilize market

More details here>>>

UPCOMING EVENTS

GBA Events

The German Business Association offers excellent networking opportunities for various needs that come along with doing business in Vietnam. Don’t miss out on any of our upcoming activities!

Please visit our Website>>>, follow us on Facebook>>> and LinkedIn>>>, or join the GBA Announcement Group on WhatsApp>>> & Zalo>>> to stay up to date.

GBA Family Day 2024: A Fun-filled Celebration for Everyone!

In celebration of International Children's Day, the GBA is excited to invite our members and their families to our first-ever Family Day!

Date: Saturday, June 1

Time: 3 PM – 6 PM

Venue: Vinhomes Central Park

Entrance Fee: Free-of-charge for everyone

More details here>>>

Monthly Business Meeting: Data Privacy Laws in Vietnam - The Basics & Guidance on Practical Handling

Date: Monday, June 3

Time: 5:30 PM – 9:30 PM

Venue: Le Méridien Saigon

More details here>>>

GBA Excursion: Qatar Airways - Kitchen Tour & Business Class Menu Tasting

Date: Thursday, June 6

Time: 8:30 AM – 1 PM

Place: Noi Bai International Airport Hanoi

More details here>>>

Germany – Vietnam Consulting Days

Date: June 3 – 12, 2024 

Form: Online

More details here>>>   

If you have any questions, please contact: Ms. Cat Tuong | E-mail: Tuong.Ngo@vietnam.ahk.de 

Delegation Trip: Travel with high-ranking representatives of the Free State of Bavaria

Date: June 8 – 15, 2024 

Venue: Thailand and Vietnam 

More details here>>>  

If you have any questions, please contact: Mr. Björn Koslowski | E-mail: Koslowski.Bjoern@vietnam.ahk.de 

Vietnam Forum “Automation Equipment and Solutions “Made in Bavaria” – Germany” 

Date: Tuesday, June 11, 2024 

Time: 9:00 AM – 1:00 PM

Venue: Caravelle Saigon Hotel, Ho Chi Minh City 

More details here>>> (Vietnamese) 

If you have any questions, please contact: Ms. Nguyen Tra Thao Anh| E-mail: ThaoAnh.NguyenTra@vietnam.ahk.de 

Vietnam – Business trip: The Start-up Journey – Healthcare & Medical Technology Industry

Date: June 10 – 13, 2024 

Venue: Hanoi and Ho Chi Minh City 

More details here>>> (German) 

If you have any questions, please contact: Mr. Björn Koslowski | E-mail: Koslowski.Bjoern@vietnam.ahk.de 

Germany Roundtable: New Martkets – New Opportunities: Cambodia 

Date: Thursday, June 13, 2024 

Time: 9 AM – 10 AM (CEST)

Venue: IHK Nuremberg, Germany 

More details here>>>

If you have any questions, please contact our Regional Management Team | Email: regionCLM@vietnam.ahk.de

 

[Co-hosted Event] Business Thursdays hosted by CCIFV

Date: Thursday, June 13

Time: 6:30 PM - 9:00 PM

Venue: Ministry Concept Bar, Melia Hanoi

More details here>>>

 

Workshop: Third Party Inspection - Vietnam Import & Export

Date: Friday, June 14

Time: 5:45 PM - 9:00 PM 

Venue: V-Art Exhibition Space Hanoi

More details here>>>

[Full] GBA Badminton Tournament 2024

We are thrilled to announce that the GBA Badminton Tournament have reached a milestone of over 200 registrations. This overwhelming response means that we have now closed the registrations. A heartfelt thank you for your tremendous support and engagement.

Date: Saturday, June 15

Time: 9 AM – 5 PM (GMT+7)

Venue: Celadon Sports & Resort Club, Celadon City, HCMC

More details here>>>

Webinar Vietnam Webinar Program: Textile Machines

Date: Tuesday, June 18, 2024 

Time: 09:00 AM – 10:30 AM 

Form: Online 

If you have any questions, please contact: Ms. Pham Tuyet Mai | E-mail: Mai.PhamTuyet@vietnam.ahk.de 

Fanmeile EuroCup 2024: Germany vs. Hungary

Date: Wednesday, June 19

Time: 10 PM – 1 AM 

Venue: Deutsches Haus Ho Chi Minh City

Stay tuned for more details here>>>

 

GBA Business Luncheon Hanoi: Profiting from the Green Circular Economy

Date: Thursday, June 20

Time: 11:30 AM – 1:30 PM 

Venue: To be announced

More details here>>>

 

Workshop: Diversity, Equity & Inclusion – Case Studies in Practice

Date: Thursday, June 20

Time: 3 PM – 6 PM

Venue: Bayer Office, CentrePoint Phu Nhuan

More details here>>>

 

Webinar – Solar Energy Solutions for Industrial Parks in Vietnam

Date: Tuesday, June 25, 2024 

Form: Online

More details here>>> (German) 

If you have any questions, please contact: Ms. Le Thi Hai Duong| E-mail: Duong.LeHai@vietnam.ahk.de 

Webinar – Exploring Vietnam’s F&B Market: Key Trends, Strategic Export Tips, and EVFTA Opportunities

Date: Saturday, June 29, 2024 

Time:
3:00 PM - 4:00 PM (GMT+7)
          10:00 AM - 11:00 AM (CEST)

Form: Online

More details here>>> 

Vietnam Textile Machinery Showcase 2024: Opportunities for German Businesses

Date: July 1 – 5, 2024 

Venue: Hanoi and HCMC, Vietnam 

More details here>>> (German)

If you have any questions, please contact: Ms. Pham Tuyet Mai | E-mail: Mai.PhamTuyet@vietnam.ahk.de 

Webinar: Partners in New Markets – Vietnam

Date: Thursday, July 4, 2024 

Time: 2:30 PM – 4:00 PM 

Form: Online 

More details here>>>   

If you have any questions, please contact: Ms. Lanh Huyen Nhu | E-mail: Lanh.Nhu@vietnam.ahk.de 

Green Energy Forum & Exhibition 2024 (GEFE 2024): German Pavilion, October 21 –  23, 2024 

Date: October 21 –  23, 2024 

Venue: Ho Chi Minh City, Vietnam 

Stay tuned for more details here>>> 

If you have any questions, please contact: Ms. Nguyen Tra Thao Anh| E-mail: ThaoAnh.NguyenTra@vietnam.ahk.de 

Vietnam Energy Business Trip: Photovoltaics for Self-Consumption in Industrial Parks

Date: October 21 – 25, 2024 

Venue: Ho Chi Minh City

Stay tuned for more details here>>> 

If you have any questions, please contact: Ms. Le Thi Hai Duong| E-mail: Duong.LeHai@vietnam.ahk.de 

Vietnam: Rhineland-Palatinate Delegation Trip to Vietnam

Date: December 1 – 7, 2024 

Venue: Hanoi, Hai Phong and Ho Chi Minh City

Stay tuned for more details here>>> 

If you have any questions, please contact: Ms. Le Thi Hai Duong| E-mail: Duong.LeHai@vietnam.ahk.de 

SUPPORTED EVENTS

Binh Duong, Vietnam – VGU Career Fair and Industry Exploration Day 2024 - Pathways to Success, June 5, 2024 

Date: June 5, 2024 

Time: 7:30 AM – 3:00 PM

Venue: Vietnamese-German University, Binh Duong City

More details here>>> 

HCMC, Vietnam – Viet Nam International Sourcing 2024, June 6 – 8, 2024

Date: June 6 – 8, 2024 

Time: 9:00 AM – 5:00 PM

Venue: Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City

More details here>>> 

Germany – Southeast Asian Career Fair, June 14, 2024 

Date: June 14, 2024 

Time: 10:00 AM – 4:00 PM (CEST)

Venue: Frankfurt City

More details here>>> 

GBA CORPORATE PARTNERS

Join our GBA Corporate Partnership Program to position your brand in the best environment and show your support and connection to the German business community in Vietnam. Be constantly visible on every GBA channel and entitled to various benefits and exclusive promotion opportunities. Find out more details here >>> or contact the Membership Manager, Ms. Mai at mai@gba-vietnam.org for registration and instant support.

Thank you for the strong support of our 15 Corporate Partners. Please find below further information.

GBA CORPORATE PARTNERS NEWS

Deutsche Bank AG

Deutsche Bank AG provides commercial and investment banking, retail banking, transaction banking, asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

Visit their website here>>>

Rödl & Partner Vietnam Roadshow 2024 Collaborating with JP Contagi

We are thrilled to announce the successful completion of our first roadshow in Hanoi on May 16th, titled "Mastering Managerial Responsibilities: Retention Strategies and Legal Compliance in Vietnam." Organized with JP Contagi and featuring Dr. Marcus Wittner, the event attracted nearly 30 industry leaders. Highlights included a B.Braun factory tour and updates on FDI Compliance, PDPD, and Net Zero initiatives.

Visit website here>>>

Deutsches Haus Ho Chi Minh City is Leading the Way in Sustainable Building Practices

  • Our high-performance MEP System, Double-skin Façade with Smart Shading Devices, and LED with Intelligent Control have slashed our energy consumption by a staggering 25% compared to local and global averages
  • With photovoltaic panels on our roof generating 65,000 kWh of electricity annually, we're eliminating over 20,000kg of carbon emissions. 
  • Fossil fuel-free!

Visit their website here>>>

 

Dürr's Revolutionary Concept EcoInCure Wins Pace Award 2024

Dürr's EcoInCure is an optimized solution for curing all vehicles, especially electric vehicles, within the required process time and meets specific treatment times for paint curing, adhesive curing, steel and aluminum treatment. Avoiding high air velocity on the freshly painted surface provides significant reduction in paint waviness in both, long and short waves. This advancement improves paint surface quality by 50%.

Find more details here>>>

GvW – Dedicated Lawyers, Tax Advisors & Accountants for German Investors

Being lawyers, tax advisors and accountants, at GvW Graf von Westphalen Vietnam we strive for advisory excellence. Our clients typically require top end legal advise with a deep understanding of the local requirements. Our team of dedicated lawyers, tax advisors and accountants have been advising German investors for over a decade. 

Get in touch with us directly or see in our blog here>>> what we are doing and what we are known for.

Luther Law Vietnam - Empowering Businesses to Soar & Succeed!

As a full-service foreign law firm of German origin, Luther Law Vietnam facilitates stakeholders of all industries. We stay ahead of the latest legal commercial developments pacing business in Asia and Europe. 

Working with Luther in Vietnam provides access to dedicated foreign and domestic legal advisors with a network of renowned law offices throughout Europe and Asia.

With a proven track record of successful clients in the region, we take on a proactive role in empowering businesses to establish a thriving presence in this dynamic economy with ease and confidence.

Embrace the Vision - Contact Our Trusted Law Firm here>>>

Mercedes-Benz Vietnam - The Exclusive Privilege for GBA Members

Mercedes-Benz Vietnam is proud to be the only luxury car brand in Vietnam to have an exclusive program designated for all GBA members. Our special offers are up to 4% for all CKD models including C-class, E-class, GLC-class, and 4% for most of our CBU models. For more details of the program, please contact us via the hotline 1800 400 110 or direct points at our authorized nationwide dealers.

Visit their website here>>>

Messer in Vietnam - Gases for Life

To meet all the gas needs of customers in Vietnam, Messer has a team of highly qualified technicians and consultants who can assist customers in 4 languages: Vietnamese, English, Chinese and Korean. In the coming time, Messer in Vietnam is always determined to affirm and develop the company’s brand by maintaining ongoing projects and developing large-scale investment projects in Vietnam.


Visit their website here>>>

Schaeffler Vietnam

Schaeffler Vietnam is a branch of Schaeffler Group operations in South East Asia. We established a representative office in Ho Chi Minh City in June 2011. Our factory was officially inaugurated in Amata Industrial Zone, Bien Hoa City, Dong Nai province in December 2007. During that time, we also expanded our services to customers in the North by starting off a second Sales office in Ha Noi City. With total of more than 370 employees, we are proud to introduce and offer the best Schaeffler Group portfolio of industrial bearings, related components, complete bearing installation and maintenance services to end-users in Vietnam.

Visit their website here>>>

 

SNB Law

SNB Law is a German law firm with a head office in Hamburg, and another regional office in Shanghai, China. They are part of IAG Global, an association of independent professional firms throughout Europe, North and South America, the Asia Pacific region and the Middle East. Their branch in Ho Chi Minh City was established in 2012. Their main practice areas are Corporate (with a main focus on investment projects from German and other European clients), International Trade, Equipment Supply Projects, Distribution, IP and Food Law.

Visit their website here>>>

Welcome to the tesa site Haiphong - the Latest Addition to tesa's Network of Plants

The site in Haiphong opened October 2023 and is 70,000 square meters in size and has a production capacity of around 40 million square meters of adhesive tape per year. With this the site Haiphong perfectly complementing the existing production site in Suzhou, China which opened in 2005. The additional production capacity will primarily serve the fast-growing Asian market, especially in the automotive and electronics industries.

About 130 employees work at the Haiphong site, offering employment opportunities to the local community, especially in the fields of engineering and production, supporting the local economy.

Visit their website here>>>

Würth Wins Reta Award for its Digital Sales Assistant PICO

Adolf Würth GmbH & Co. KG and Würth IT GmbH together won the renowned reta award in the Best Enterprise Solution category, an award presented by EHI Retail Institute for exceptional technologies in the retail sector. Teaming up, the two companies developed the PICO voice and chat assistant, which speeds up important sales processes. 

More details here>>>

Ziehl-Abegg Vietnam’s New Factory Inauguration on June 12, 2024, Signifies a Further Expansion Globally

Get ready for a momentous occasion! Ziehl-Abegg, a renowned name in air technology, control engineering, and drive technology, is set to inaugurate its new factory in Vietnam on June 12, 2024. Spanning 14000m2, this state-of-the-art facility will house production, research, and development activities, symbolizing Ziehl-Abegg's commitment to the Vietnamese market. Esteemed guests, including government officials ,industry leaders and partners will gather for speeches, tours, and networking opportunities. Save the date for June 12, 2024, and join us as we celebrate innovation and partnership at Ziehl-Abegg's new factory in Vietnam!

Visit their website here>>>

Headhunt Vietnam Offers Sustainable Induction Programs

Headhunt Vietnam  offers sustainable onboarding support on each of its recruitment assignments. This process starts directly after having signed the employment contract and will include several activities on both sides to ensure a smooth, successful and satisfying onboarding for the new Team Member.  

This package is included in the standard fee and therefore free of charge. But we are also offering Induction Program packages as  our "standalone" product, available for all partners who want to make a difference in employee satisfaction and retention. 

More details here>>>

MVV SNP - Where International Expertise Meets Local Experience

MVV SNP is a member of Media Ventures Vietnam Group (MVV) with 8 offices in Hanoi and Ho Chi Minh City. Working with us means working with a team of 200 experienced and passionate professionals in branding, marketing, communications, digital, content development and visual marketing. We are reaching out to the world by establishing our first offices in Singapore and the US in 2017.

Visit their website here>>>

MEDIA & PUBLICATION

VIR: The Choices Are Clear to Smooth Out Path to German Investment 

In the latest issue of May 20, 2024 of Vietnam Investment Review (VIR), Ms. Dao Thu Trang, Member of Management Board, Head of Business Development Services, AHK Vietnam, highlighted why Vietnam is increasingly appealing to German businesses. The article "The Choices Are Clear to Smooth Out Path to German Investment" outlined key points: ESG standards for German companies; Suggestions to enhance Vietnam's attractiveness for German firms; AHK WBO Spring 2024...  

To read the full article, kindly visit here>>> 

GBA x VNews: “Greening” FDI investment capital in Ho Chi Minh City

Ho Chi Minh City seeks to boost sustainable growth and export efficiency by drawing investments in eco-friendly sectors. Challenges abound, necessitating decisive action. GBA Chairman Alexander Ziehe, in a VNews interview, highlighted key strategies to spur foreign direct investment (FDI). He advocated for tax reductions on energy-efficient machinery and financial perks for green tech. Recognizing private eco-initiatives is also crucial. These measures aim to expedite sustainable practices and draw clean energy investments, leveraging the city’s competitive edge to attract business in the green sector.

More details here>>>

ASEAN Snapshot 2024 on VTC: Valuable Publication for International Investors 

The ASEAN Snapshot 2024 focuses on German-ASEAN business relations and investments, providing an overview of ASEAN member states and their economic development, including demographics, economics, trade, and investments. Vietnam Digital Television (VTC) views this publication as valuable for both German and international investors.

For more information, kindly visit here>>> or download the PDF version to learn more about the sub-region's remarkable achievements in recent years here>>>

A Proposed New Law on Industrial Parks Aims to Attract High-Quality Investment Capital Flow 

The Ministry of Planning and Investment (MPI) proposed a new law to enhance industrial park development in Vietnam. This initiative aims to create large-scale, sustainable industrial zones to attract high-quality investment. Vietnam currently has 416 parks and 1,000 clusters, contributing about half of the nation's export revenue. The proposed law seeks to streamline investment processes, especially for specialized and smart parks focused on digital, green, and innovative sectors.

To read the full article, kindly visit here>>> 

PMI Indicates Growth in Production as New Orders Increase 

PMI data signals a revival in production driven by a surge in new orders. Viet Nam's PMI climbed to 50.3 in April from 48.8 in March, marking a notable improvement, albeit still trailing behind ASEAN's robust 51.0.  

Addressing these issues is paramount for ensuring sustained growth and resilience in Vietnam’s manufacturing sector amidst dynamic global markets. 

To read the full article, kindly visit here>>> 

Investment in Vietnamese Startups in 2023 Ranks Third in Southeast Asia 

Vietnam ranks third in Southeast Asia for startup investment, securing $529 million in 2023 despite a 17% drop from the previous year. Nearly 100 funds, mainly Singaporean and local investors, contributed. Despite global economic shifts, Vietnam's market remains appealing, with only a 9% decline in deals, compared to a global 35% drop in venture capital. Vietnam's rise to 46th in the Global Innovation Index reflects its progress, ranking among seven middle-income nations advancing in innovation over the past decade.

To read the full article, kindly visit here>>> 

SUPPLY CHAIN DUE DILIGENCE & SUSTAINABILITY

EU Council Officially Adopted the Corporate Sustainability Due Diligence (CSDDD) 

After the EU Parliament endorsed the CSDDD proposal on April 24, 2024, the Directive was adopted by the EU Commission on May 24, 2024. CSDDD will enter into force 20 days after its publication in the EU Official Journal. 

CSDDD aligns with the Paris Agreement, aiming for Net Zero by 2050. Vietnam, as a key EU supplier, commits to a comprehensive legal framework for investment protection, as shown by the Prime Minister's Decisions No. 1055/QĐ-TTg and No. 843/QĐ-TTg

As #PartnerInVietnam, AHK Vietnam supports businesses in aligning business strategies with due diligence. For more information, access the link here>>> 

Consulting Services Focused on Sustainability 

The German Supply Chain Act (LksG), effective from January 1, 2023, mandates corporate responsibility for human rights and environmental protection in supply chains. Key obligations include risk management, preventive measures, corrective actions, a complaints procedure, and documentation/reporting. Non-compliance could result in fines up to 2% of annual turnover.  

As Vietnam becomes a crucial link in Asian supply chains, German companies shifting production there must prepare for LksG compliance. Cultural and language barriers in Vietnam pose challenges, but we offer on-site pragmatic support. Contact us for tailored assistance. 

For more information on our services, please visit here>>> or contact Ms. Huyen Nhu Lanh | Email: Lanh.Nhu@vietnam.ahk.de 

Key Elements Necessary for Companies to Achieve Successful Diversification 

DIHK highlights crucial factors for successful supply chain diversification: 

  • More trade: Leveraging trade agreements for diversification. 
  • No managed trade: Resilience over short-sighted decree. 
  • Raw material partnerships: Strengthening cooperation. 
  • Reduced foreign trade bureaucracy: Streamlined processes. 
  • Creating incentives: Instruments to facilitate diversification. 

Geopolitical challenges, pandemic disruptions, and global conflicts emphasize the necessity of resilient supply chains. DIHK's idea paper prompts improvements in supply chain conditions, facilitating diversification. See the full idea paper (German) here>>>

As #PartnerInVietnam, AHK Vietnam is aiding German companies in supply chain diversification and market entry. Discover our services here>>> 

PEOPLE & CAREER

Current Vacancies

AHK Job Exchange connects applicants for jobs or internships with German and international companies in Vietnam. The current vacancies can be found on our website here >>>

Companies or organizations in a German-Vietnamese context can switch on vacancies in AHK’s Job Exchange free of charge.

If required, we can provide you access to our Talent Pool. Please contact our corresponding contact person here>>> for any further inquiries.

TRADE SHOWS IN GERMANY & WORLDWIDE

Taipei, Taiwan Medical Taiwan 2024

Date: June 20 – 22, 2024 

Venue: Taipei Nangang Exhibition Center Hall 2 (TaiNex2), Taipei, Taiwan 

More details here>>> 

For any inquiries, please get in touch with Ms. Mai Le | E-Mail: Mai.Le@vietnam.ahk.de 

Taipei, Taiwan TaipeiPLAS

Date: September 22 – 24, 2024 

Venue: TaiNEX 1 (Taipei Nangang Exhibition Center, Hall 1), Taipei, Taiwan 

More details here>>> 

For any inquiries, please get in touch with Ms. Mai Le | E-Mail: Mai.Le@vietnam.ahk.de 

Germany –  SPIEL Essen 2024

Date: October 3 – 6, 2024 

Venue: Messe Essen, Messepl. 1, 45131 Essen, Germany 

More details here>>> 

For any inquiries, please contact with Ms. Trang Tran | Email: Trang.Tran@vietnam.ahk.de 

Germany K 2025 The world of plastics and rubber

Date: October 8 – 15, 2025 

Venue: Düsseldorf City, Germany 

More details here>>>  

Germany –  Spielwarenmesse 2025

Date: January 28 – February 1, 2025 

Venue: Nuremberg Exhibition Center, Messezentrum 1, 90471 Nuremberg, Germany 

More details here>> 

For any inquiries, please get in touch with Ms. Trang Tran | E-mail: Trang.Tran@vietnam.ahk.de 

GBA NEW MEMBERS

The GBA members represent a variety of German businesses in Vietnam from small and medium-sized enterprises to large global players. They are a good reflection of the German economy’s structure in general.

We would like to introduce our new members to you every month. Please join us to welcome our new members for May 2024 by visiting their website or stopping by to introduce yourself. The personal touch will help GBA continue to grow and thrive! For more details here>>> 

  • ALBIS VIETNAM LIMITED

ALBIS is one of the leading plastic distributors worldwide. As an independent distributor, we offer our customers one of the market-leading and most comprehensive product portfolios, comprising standard polymers, engineering plastics and a growing number of sustainable products. With our technical know-how, our strong global and local sales network and our passion for the best solution for our customers, we are driving growth for our distribution partners and customers across countries and industries. For more information: www.albis.com 

  • CICOR VIETNAM CO., LTD.

IDEA Group consists of a parent company and 2 subsidiaries, providing machine design outsourcing, parts drawing creation, 3D modeling, design change support, assembly drawing creation, precision machining, jig manufacturing and automatic machine development services mainly to Japanese, American and FDI companies. For more information: www.ideagroupvn.com 

  • IDEA TECHNOLOGY CORPORATION JOINT STOCK COMPANY

CBRE has more than 20 years of operation in Vietnam. With two offices in Ho Chi Minh City and Hanoi, and over 1,200 property professionals, CBRE Vietnam provides real estate services that create optimal solutions for customers. One of the most significant events is the CBRE Market Outlook held in January each year with over 1,000 participants in Ho Chi Minh City and Hanoi. For more information: www.cbrevietnam.com 

  • KLU – KÜHNE LOGISTICS UNIVERSITY GMBH

KLU, Kühne Logistics University, is the world’s top university educating leaders and change-makers with strong operations mindsets. Concentrating on logistics and leadership in research and teaching, and with a skillset built upon KLU’s focus areas digital transformation, sustainability, entrepreneurship & value creation, KLU offers various programs and courses that prepare students to take on international leadership positions. For more information: www.klu.org 

  • PROF. DR. SVEN DAVID

We offer: Leadership and motivation of teams to outstanding results; Creation of lasting strategic advantages; Confident navigation through transformation & growth processes; Significant performance improvement; Implementation of efficient processes and structures; Enhancement of  transparency.

  • ROBERT WALTERS VIETNAM COMPANY LIMITED

Genuine relationships for a world-class experience: Our presence in the South East Asia region has spanned up to 25 years, providing solutions to organisations willing to hire in various functions and industries across the SEA key markets all together. Through value-added services, in areas such as market intelligence and ESG support, our ambition is to enable companies and professionals alike to make sound people and business decisions. For more information: www.robertwalters.com.vn 

  • TERAO - ATIXIS VIETNAM COMPANY LIMITED

TERAO is a French Building Sustainability Consultancy, pioneering in the field for 30 years. Since 2008, Terao has extended its presence in Asia through five primary hubs (China, Vietnam, Thailand, Singapore, and Malaysia), with plans for further expansion in the rest of Southeast Asia, India, the Middle East, and other global locations. For more information: www.teraoasia.com 

  • YBM PARTNERS SENIOR HUMAN RESOURCE CONSULTING COMPANY LIMITED

We provide our customized services with utmost excellence, catering to the unique goals and objectives of our clients including executive search, leadership search and coaching. For more information: www.ybmpartners.com

PAST EVENTS

Workshop: Best Practice – Successful Brand Launch in Southeast Asia

HCMC, April 25 - The GBA recently hosted an insightful workshop at Bayer Vietnam’s office, focusing on best practices for successful brand building and positioning in Southeast Asia. The event attracted over 60 attendees, eager to gain insights from keynote speakers from CS Marketing & Sales Solutions and Viessmann Climate Solutions. The workshop concluded with a dynamic panel discussion, showcasing the power of strategic brand management.

More details here>>>

GBA Business Meeting in April: Synergizing Strategies – M&A Legal Insights and Media Innovations in Vietnam

HCMC, May 6 - The GBA’s meeting drew 50 participants to discuss M&A strategies, media innovations, and e-commerce in Vietnam. Keynotes from Rödl & Partner, Media Ventures Vietnam, and Shopee addressed investment trends, legal aspects, and Gen Z’s influence on market dynamics. The focus was on leveraging AI, live streams, and short videos for brand growth, with e-commerce expected to hit $24 billion by 2025. Content Commerce’s role in driving sales and the rise of Buy-now-pay-later schemes were also examined as key factors in evolving market practices.

More details here>>>

DeutschenTreff Hanoi | May 2024

Hanoi, May 16 – An electrifying gathering took place at Moonlight Sky Bar, where 70 professionals from various industries came together for our signature networking event, ‘DeutschenTreff.’ It was an evening of vibrant discussions and valuable knowledge sharing, sparking conversations that are set to build lasting partnerships. Join the GBA community and dive into Vietnam’s most vibrant professional network. Connect with dedicated experts, access unique insights, and lead the way in industry innovation.

More details here>>>

CONTACT



GIC/AHK Vietnam

Ms. Huong Do
Marketing and Communications Specialist
Email: huong.do@vietnam.ahk.de
Tel: +84 (24) 3936 1897

GBA Vietnam
Ms. Anna Tran Duyen
Marketing and Communications Manager
Email: anna@gba-vietnam.org 
Tel: +84 (28) 3823 9772
If you don't want to receive any more messages, you can unsubscribe free of charge at any time.
AHK Vietnam / Delegation of German Industry and Commerce in Vietnam
Ms. Do Thi Anh Huong
Email: huong.do@vietnam.ahk.de