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HIGHLIGHTS OF THE MONTH

A Festive Evening at Fanmeile: Euro Cup 2024

HCMC, June 19 - The Euro Cup 2024 excitement filled Ho Chi Minh City during the ‘Fanmeile’ event, co-hosted by GBA, AHK Vietnam, Deutsches Haus Ho Chi Minh and CEEC, under the German Consulate’s patronage. The city transformed into a festive hub for football fans, with over 300 attendees enjoying live matches on giant screens, fostering community spirit and unforgettable moments.

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Fostering Collaboration: Bavarian Delegation in Vietnam

From June 10-11, the Bavarian delegation visited Vietnam, engaging in activities like touring advanced manufacturing facilities, attending a technology innovation forum, and networking with local and German businesses. These experiences fostered new collaboration opportunities and promoted cultural integration in business practices between Vietnam and Germany.

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75th Anniversary Celebration of the German Basic Law & Farewell to the German Ambassador H.E. Dr. Hildner

Hanoi, June 07 - The GBA marked the 75th anniversary of Germany’s Basic Law and bid farewell to Ambassador H.E. Dr. Guido Hildner. The event, attended by GBA and AHK board members, celebrated H.E. Hildner’s role in strengthening Vietnamese-German ties and rule of law dialogue. Reflecting on five years of collaboration in health, climate, and economic development, the GBA acknowledged H.E. Hildner’s presence during key diplomatic visits. GBA Chairman Ziehe thanked H.E. Hildner for his cooperation, emphasizing the embassy-GBA partnership ahead of upcoming anniversaries and reaffirming their commitment to enhancing the bilateral economic relationship.

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GBA Business Awards 2024 | Unveiling the Categories & Nomination Process

Join us on August 29, 2024 in  Ho Chi Minh City for the GBA Business Awards 2024. This is a prestigious program that celebrates and honors the exceptional contributions of German and European businesses to Vietnam's dynamic economy.

We honor outstanding performance in five categories: Green Business of the Year​, Business Innovation Award​, SME Excellence Award​, ⁠CSR Achievement of the Year​, and Young Innovation Award.​ Open to GBA members and organizations of all sizes and sectors, ranging from well-established corporations to innovative startups. 

Nomination Deadline: Friday, August 09, 2024

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Future AIStartup Pitch Award at APK 2024

The Asia-Pacific Conference of German Business (APK) is a biennial event fostering dialogue between Germany and the Asia-Pacific region, with a focus on sustainable transformation and diversification.

APK 2024, held in New Delhi from October 24-26, introduces the Future AI – Startup Award, inviting AI startups to present to over 800 leaders. AHK Vietnam’s Advisory Council will select one Vietnamese startup as the official nominee for this award.

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MARKET ENTRY NEWS

Legal Updates by Dr. Oliver Massmann | June 2024

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

  1. VAT reduction of 2 percent for some goods and services expected to continue
  2. Ministry to enhance consumer protection for sustainable e-commerce development
  3. Central Bank revises regulations on non-performing loan trading and handling
  4. Draft decree scrutinised to ensure early implementation of land law

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CORPORATE MEMBER 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.

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Insights on Global Corporate Governance & Legal Representative Roles

Understanding the role and organization of corporate governance is critical, particularly in transnational scenarios. Our latest insights explore how nomination processes, governed by corporate and labor laws, establish the rights, obligations, and liabilities of Legal Representatives. This edition provides an overview of the legal and social security status applicable to these roles in selected countries. 

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Deutsches Haus: Pioneering Sustainability

Energy Use Reduction: Pioneering in Vietnam and Southeast Asia, we’ve implemented double-skinned facade panels.

Water Efficiency:
Our system delivers mineral-rich water, emphasizing rainwater collection and wastewater recycling.

Air Quality: We ensure hospital-grade air purity by filtering ultra-fine dust and managing CO2 levels.

Sustainable Material:
Our design uses materials with minimal organic chemicals to foster a healthier lifestyle and environment. 
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18,000th Dürr Robot will Paint Vehicles in Ingolstadt

Dürr is equipping a new topcoat line for Audi in Ingolstadt to paint the interior and exterior of the new Audi Q6 e-tron series. The milestone robot, an EcoRP L033i, will be installed in the interior paint booth. The six-axis painting robot, equipped with Dürr’s latest EcoBell4 atomizer, requires just four seconds for each color change thanks to the patented 4-main-needle technology.

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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 advice 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.
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[Luther Law Vietnam x SAP] Advancing Sustainable Trade: Carbon Border Adjustment Mechanism (CBAM)

Luther Law Vietnam recently joined the SAP’s event on CBAM, drawing over 70 Vietnamese enterprises. The high attendance underscored Vietnam’s business sector’s keen interest in sustainability regulations. Mr. Leif D. Schneider, Counsel of Luther Vietnam spoke as an expert and provided the audience with a detailed introduction to the CBAM framework, equipping attendees for major changes in global trade.

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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. 

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HyCut – Hydrogen as Fuel Gas in the Oxyfuel Technology

We are pleased to announce that HyCut workshop will take place on July 2nd, 2024 at our Messer Yen Binh Thai Nguyen plant. By attending the workshop, you will experience our new cutting technology using hydrogen as fuel gas. HyCut workshop will take a new perspective about cutting and hydrogen application in cutting. We hope to provide more valuable knowledge to the attendees. We look forward to welcoming you.

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Schaeffler Vietnam Joins Forces with Fluke Vietnam Tour 2024

With the purpose of introducing solutions in the industrial maintenance revolution, Schaeffler co-hosts the Fluke Vietnam Tour 2024 – a series of expert-led seminars for factory maintenance professionals across Vietnam from June 18 to July 16, 2024. In the tour, Schaeffler showcases its solutions, including OPTIME Condition Monitoring and automated lubrication systems equipped with CONCEPT and OPTIME C1.

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SNB Law

SNB Law is a German law firm with a head office in Hamburg, and another regional office in Shanghai. They are part of IAG Global, an association of independent professional firms. Their branch in Ho Chi Minh City was established in 2012. Their main practice areas are Corporate, International Trade, Equipment Supply Projects, Distribution, IP and Food Law. 

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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. 

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Wurth Vietnam Takes Part in the Vietnam AutoExpo 2024 Show

Recently, Wurth Vietnam attended the Vietnam AutoExpo 2024, which took place from June 13 to June 16, 2024, with the intention of getting close to customers and offering advice on comprehensive car care and maintenance solutions. We also provide our clients with a ton of engaging activities and exclusive offers at the same time. 

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ZIEHL-ABEGG Expands Footprint with New Production Facility in Vietnam

ZIEHL-ABEGG opened a new facility in Dong Nai, Vietnam on June 12, 2024, enhancing its global footprint and commitment to sustainability. Spanning 14,000 sqm with a focus on manufacturing, the site aims to boost local employment and socio-economic growth. The company, with a rich innovation history, employs over 5,100 globally, offers 30,000+ products, and earns $981.5 million annually. 

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Headhunt Vietnam Offers Sustainable Induction Programs

Headhunt Vietnam provides complimentary onboarding support post-employment contract signing, ensuring a seamless transition for new hires. Additionally, they offer Induction Program packages as a separate service to enhance employee satisfaction and retention.

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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.

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[Supporting News] CarePlus Vietnam

CarePlus International Clinics, a member of the Singapore Medical Group, is a 100% foreign-owned chain of specialist and primary care clinics dedicated to providing patient-centric, high-quality services with modern equipment. CarePlus offers a wide range of services, including pediatrics, cardiology, gynecology, dermatology, health screening packages for children and adults, work permit health checks, and more in 3 convenient locations in District 1, District 7, and Tan Binh District.

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UPCOMING EVENTS

Connect with the German Business Association for Key Networking Opportunities in Vietnam

Stay informed on our latest events by visiting our Website, following us on Facebook and LinkedIn, or joining our WhatsApp and Zalo groups.
 

GBA Business Meeting July: FDIs & Market Access, HCMC

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Conference: German Textile Machinery Meets Vietnamese Textile: from Spinning to Finishing, Hanoi & HCMC

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Network Rhineland-Palatinate International: Consultation day Poland, Israel, Rwanda and Vietnam, Mainz

 

Online Webinar: Partners in New MarketsVietnam

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Co-hosted Event: Business Thursdays by BeluxCham, Hanoi

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GBA Workshop: Lufthansa x BASF – Sustainability, HCMC

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Networking: DeutschenTreff, HCMC

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Growth Markets of the Future – Your Ticket Around the World, Nuremberg

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Business Trip: Healthcare Industry and Medical Technology, Hanoi & HCMC

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Green Energy Forum & Exhibition 2024 (GEFE): German Pavilion, HCMC

 

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

 

Workshop: Factory Automation – Made in Germany, HCMC

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Business Trip: Waste Management and Recycling, Hanoi & HCMC

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Delegation Trip from RhinelandPalatinate to Vietnam

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TRADE FAIRS

TaipeiPLAS, Taipei

TaipeiPlas Exhibition is not only the exclusive professional exhibition in Taiwan dedicated to the plastics and rubber industries, but also a top global event in plastics and rubber industry. 

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SPIEL ESSEN, Essen

SPIEL ESSEN is the world's largest public fair for board games and bring together passionate game fans with national and international exhibitors in Germany in the heart of the Ruhr area.

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Spielwarenmesse, Nuremberg

Experience the Spirit of Play at the key meeting point for the toy industry. As the largest and most important event of the year, the toy fair in Nuremberg brings together all international decision-makers. 

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K–2025, Düsseldorf

K - The international trade fair for innovations in the plastics and rubber industry. Since the first exhibition in Düsseldorf in 1952, the letter "K" has embodied the fascination for the world of plastics and rubber. 

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INDUSTRY INSIGHTS FROM EXPERTS

Vietnam's Journey of Transformation Is Truly Inspiring

In a recent interview with CafeF, Mr. Peter Kompalla, Chief Representative of AHK Vietnam, shared about AHK Vietnam's mission in creating favourable conditions for German businesses to enter Vietnam and supporting businesses. Vietnam expands its scope of operations to the German and European markets. He also expressed that Vietnam's Journey of Transformation has created confidence in German businesses and strongly promoted bilateral economic cooperation.

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Optimizing Green Energy Production to Enhance FDI Sector Efficiency

Vietnam aims for net-zero emissions by 2050, vital for its environment and economy. Facing a renewable energy shortage, the country is expediting Power Plan 8 and developing policies to support the sector. Industry leaders Mr. Thang Nguyen from Schaeffler Vietnam, and Mr. Anthony Grandpierre from Messer Vietnam highlighted on Hanoi TV the critical need for green energy, signaling a move towards sustainable investment and energy solutions for FDI enterprises.

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Vietnam – Land of Mega Projects

In a recent interview with the IHK Würzburg-Schweinfurt, Mr. Björn Koslowski, Deputy Chief of Representative of AHK Vietnam accentuated the potential of Vietnam's flourishing electronics industry for German investors.

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PUBLICATIONS

AHK World Business Outlook Spring 2024

In the AHK World Business Outlook Spring 2024, 55% of German investors in Vietnam expect business growth, and 81% are confident due to swift policy responses and stable conditions. Additionally, 64% plan to retain their workforce.
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Playground Perspectives: Navigating The Toy Industry at Spielwarenmesse

AHK Vietnam Podcast’s latest episode informs about toy manufacturing history in Germany and sheds light on Spielwarenmesse, the world's largest toy fair.

Many Bright Spots in Vietnam's Economy After Five Months of 2024

According to the General Statistics Office (GSO), the index of industrial production (IIP), foreign direct investment (FDI), and export-import were among the bright spots of the national economy in the first five months of this year.
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GBA NEW MEMBERS

The GBA members represent a variety of German businesses in Vietnam from small and medium-sized enterprises to large global players. Join us in welcoming our new June 2024 members by visiting their websites or stopping by to introduce yourself. The personal touch will help GBA continue to grow and thrive! Read more

  • GLACIS AI – ALINE DEVELOPMENT CO., LTD
PAST EVENTS

Impressions of the “Career Day - Explore Your Future”, Hanoi

 

GBA Workshop: Export Finance, HCMC

 

Open Day 2024: Meeting Point for Young Talents and Logistics Businesses, HCMC

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GBA Family Day: A Celebration of Togetherness & Joy, HCMC

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Business Meeting in June: Data Privacy Laws in Vietnam, HCMC

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VGU Career Fair: Great Chance for Young Talents to Connect with Industry Leaders, HCMC

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GBA Excursion: Qatar Airways, Hanoi

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Südthüringen Delegation met AHK Vietnam, HCMC

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GBA New Member Onboarding | Q1 & Q2, 2024, Hanoi & HCMC

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Exploring Business Opportunities for German Companies in Cambodia, Nuremberg

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GBA Workshop: Third Party Inspection, Hanoi

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Sport Event: GBA Badminton Tournament 2024, HCMC

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GBA Business Luncheon Hanoi: Green Circular Economy, Hanoi

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Workshop: Diversity, Equity & Inclusion, HCMC

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CONTACT US

The Delegation of German Industry & Commerce in Vietnam (AHK Vietnam)

Huong, DO (Ms.)
Marketing and Communication Specialist
Email: huong.do@vietnam.ahk.de
Tel.: +84 (24) 3936 1898

German Business Association (GBA)


Anna, TRAN (Ms.)
Marketing and Communications Manager
Email: anna@gba-vietnam.org 
Tel: +84 (28) 3823 9772
If you don´t want to receive any more messages (to: trang.tran@vietnam.ahk.de) any longer, you can unsubscribe free of charge at any time.
AHK Vietnam / Delegation of German Industry and Commerce in Vietnam
4th Floor, 33 Le Duan St., Ben Nghe Ward
Dist. 1 Ho Chi Minh City, Viet Nam

+84 (28) 3823 9775
Huong.Do@vietnam.ahk.de