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HIGHLIGHTS OF THE MONTH

The Printed Edition of AHK Vietnam Brochure 2024 is Now Available! 

Discover Vietnam's booming economy, trade achievements, and business opportunities with our 2024 brochure. Available now in printed format at our HCMC and Hanoi offices, this essential resource highlights key growth areas and contact points at AHK Vietnam for your success. Don't miss out—get your copy today or view the digital version to unlock Vietnam's potential! 

View the digital versions:  

GermanEnglish 

 

World Bank: Vietnam’s Economy Set for a Boost in 2024! 

Vietnam's economy is set to grow by 6.1% in 2024! This boost is driven by strong exports, a surge in tourism, and increased consumer spending. The World Bank emphasizes the need for key reforms and investments to maintain this momentum. Discover how upgrading to "emerging market" status could attract more foreign investors and elevate Vietnam's economic landscape! 

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German Ambassador Helga Margarete Barth Met AHK Vietnam Team in Hanoi 

On August 13, Ms. Helga Margarete Barth, the new German Ambassador, visited AHK Vietnam's Hanoi office. She appreciated AHK Vietnam's contributions over the past 30 years and looked forward to celebrating the 50th anniversary of Vietnam-Germany diplomatic relations in 2025. Ambassador Barth officially assumed her role in August 2024, bringing a wealth of experience from her distinguished career! 

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GBA Mid-Year Offsite Meeting: Strategic Insights and Action Plans Unveiled

HCMC, July 27 – The GBA Board Members convened for an invigorating mid-year offsite meeting. This gathering was a pivotal moment for reflecting on and realigning the progress of our 2024 GBA strategy. Insights from the latest membership survey helped align the association’s goals for the rest of the year and the near future.

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Last Call: Grab Your Tickets for APK 2024! 

Don't miss your chance to be part of the premier networking event of the year! From October 24 to 26, join top leaders and executives in the vibrant city of New Delhi for the 18th Asia-Pacific Conference of German Business (APK) 2024. Organized by APA, BMWK, and AHK India, this is your gateway to insightful discussions and invaluable connections. Hurry up as the tickets contingent is limited and are about to be sold soon! 

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Congratulations to the shortlisted nominees of the GBA Business Awards 2024!

The stage is set for the GBA Gala Dinner & Business Awards 2024, and we are thrilled to announce our shortlist of trailblazing nominees across four award categories: Green Business of the Year, CSR Achievement of the Year, Business Innovation Award, SME Excellence Award. Join us for an extraordinary evening celebrating the achievements of our German business community at the Gala Night on Thursday, August 29 at Vinpearl Landmark 81, Autograph Collection.

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GBA Oktoberfest 2024 Press Conference Sparks Excitement in Hanoi

Hanoi, August 21 – The vibrant spirit of the GBA Oktoberfest 2024 came to life at the JW Marriott Hotel Hanoi with a dynamic press conference. The event featured GBA Vice-Chairman Mr. Torben Minko, Food and Beverage Director of JW Marriott Hotel Hanoi Mr. Lauro Hildebrandt, and our diamond sponsors, Messer Vietnam, represented by Marketing & Communication Manager Mr. Giang Nguyen. We were also honored to welcome a fantastic turnout of 45 media agencies.

Read more | Video
 

Office Closure: Vietnamese Independence Day – September 2, 2024

This year, we will celebrate the Vietnamese Independence Day from Monday, September 2 to Tuesday, September 3. Thus, our AHK Vietnam (in Hanoi and Ho Chi Minh city) and GBA Vietnam offices will be closed during this period.

We will resume our normal business operations on Wednesday, September 4, 2024.

We wish you a wonderful holiday.

 
MARKET ENTRY NEWS

Legal Updates by Dr. Oliver Massmann | August 2024

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

  1. Key solutions to cope with rising sea freight prices
  2. New credit regulations on related-party transactions proposed
  3. Revised Law on Asset Auction expected to improve auction quality
  4. PM requests effective implementation of real estate-related laws

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Thai Nguyen New Investment Star in The North 

Thai Nguyen, strategically located in Northern Vietnam, boasts now 218 FDI projects worth nearly $11.2 billion. With a meticulous plan in place, the province has designated 11 industrial parks and 1 centralized information technology park spanning a total area of 4,245 hectares and 41 industrial clusters covering 2,067 hectares. Discover how Thai Nguyen is becoming a key investment destination! 

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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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Fostering Global Collaboration and Cultural Diversity in Professional Development Events

Our firm held two key events: a Senior Development Day in Da Nang, focusing on intercultural competence and cultural diversity, and the International Senior Associate Week at Rödl & Partner’s Nuremberg headquarters. These events enhanced global perspectives, promoted inclusion, and advanced business development, while our Senior Associates expanded their knowledge, honed leadership skills, and engaged in global networking.

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Monthly MYBODY / PILLAR Community Run at Deutsches Haus Ho Chi Minh City!

It's a fantastic opportunity to enhance your well-being and connect with your neighbours in Deutsches Haus Ho Chi Minh City! This vibrant event is brought to you by our esteemed partners: Deutsches Haus Ho Chi Minh City, My Body Health Club, and PILLAR Performance. Whether you're a seasoned runner or just starting out, this event is perfect for all fitness levels. Enjoy the chance to run with a professional coach and receive valuable nutrition tips from PILLAR’s high-performance experts. 

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Less Paint Consumption with New Electrostatic Spray Gun from Dürr

The EcoGun AS MAN DC/EC is equally suitable for the application of solvent-based and water-based paints and ensures comfortable working thanks to its ergonomic handle and low weight. The electrostatic charge generated when using the SprayGun reduces paint consumption by up to 40%, as the attraction between paint particles and the workpiece results in less overspray during the painting process. At the same time, the process is accelerated, as the electrostatic charge creates a so-called “wrap-around effect”.

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Legal update: Direct electricity trading mechanism for Vietnam

On July 3, 2024, Vietnam took a major step toward a competitive electricity market with the issuance of Decree 80/2024/ND-CP (“Decree 80”).  The Decree 80 introduces a direct power purchase agreement (“DPPA”) mechanism that fundamentally shifts how renewable energy generators can sell electricity in Vietnam.

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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. With a proven track record of successful clients, our dedicated legal and tax advisors take on a proactive role in empowering businesses to establish a thriving presence in this dynamic economy with ease and confidence.

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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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Messer – Visit our New E-Brochures

Discover Messer's e-brochures platform, your gateway to an interactive, streamlined experience with our innovative solutions. Explore a comprehensive range of products and services through dynamic digital brochures that offer detailed insights and easy navigation. Perfect for professionals seeking to stay informed and connected, Messer’s platform enhances your decision-making with up-to-date, accessible information at your fingertips.

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Schaeffler – Going Green in Production

Plant Manager of Schaeffler Vietnam Daniel Tien-Duc Nguyen currently discussed his insights on Sustainability Strategies in Production in a conversation with “Asia Business Outlook” magazine. Read on to discover how businesses like Schaeffler stay ahead of the curve and lead the change in sustainable manufacturing.

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Nutrition Labeling in for Food Products in Vietnam – an Update

Circular 29/2023 issued by Vietnam's Ministry of Health (MOH) requires that as of January 1, 2026, pre-packaged food products must adhere to stricter nutritional labeling requirements, comparable to Regulation (EU) No 1169/2011. EU food exporters should use the transition period to make themselves familar with the new requirements. SNB Law regularly advises the food industry on regulatory requirements in Vietnam and China.

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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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Würth Group to Become New Main Sponsor of Salzburg Festival in 2025

Prof. Dr. h. c. mult. Reinhold Würth, one of the world’s most ambitious art collectors and supporters, and the Würth Group have been supporting Salzburg Festival since 2016, the Ouverture Spirituelle concert series since 2018 and the jung&jede*r children’s and youth program since 2022. Art and culture are an integral element of the Würth Group’s corporate culture. The commitment to a vibrant cultural landscape reflects central aspects of the Würth Group, such as openness, internationality, and quality.

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Ziehl-Abegg

ZIEHL-ABEGG - Welcome to the Royal League in the field of air technology, control engineering and drive technology. Be inspired by our technology, our solution and our competence and trust that you will find the future of intelligent developments at ZIEHL-ABEGG. We focus on system solutions for ventilation, control and drive technology and are constantly looking for new applications for our products. As an innovation and quality leader, we constantly set new standards in technology, service and design. 

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Bayer Vietnam  Health for all, Hunger for None

Bayer, a global leader in health care and nutrition, has operated in Vietnam since 1994 with factories in Dong Nai and Binh Duong, and offices in Hanoi and Ho Chi Minh City. Its Pharmaceuticals Division focuses on cardiology, women’s healthcare, and oncology. The Consumer Health Division offers OTC products, while the Crop Science Division provides crop protection solutions. Bayer Vietnam is committed to sustainable development and corporate social responsibility.

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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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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.
 

Webinar 2024: Leveraging LkSG Learnings for EU CSDDD German Industry Insights for CSDDD Regional Preparedness Globally 

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[Co-hosted Event] Business Thursdays by CEEC & DBAV, Hanoi, Vietnam

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GBA Oktoberfest 2024 | Press Conference HCMC, Vietnam

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[Co-hosted Event] European Night by CCIPV and BeluxCham, HCMC, Vietnam

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ASEAN Insights 2024, München, Germany 

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Economy Day “Doing Business in ASEAN” 2024, Magdeburg, Germany 

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Webinar: New Procurement Markets for The Electronics Industry 2024 

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Consulting Day Vietnam 2024, Münster, Germany 

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Round Table Vietnam 2024, Köln, Germany 

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15th Central German Export Day 2024, Leipzig, Germany

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GBA Excursion to tesa Hai Phong, Hai Phong, Vietnam

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GBA Oktoberfest Hanoi 2024, Hanoi, Vietnam

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Energy Business Trip 2024: Photovoltaics for Self-Consumption in Industrial Parks, HCMC, Vietnam

 

18th Asia-Pacific Conference of German Business (APK) 2024, New Delhi, India 

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Workshop 2024: Factory Automation – Made in Germany, HCMC, Vietnam

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Business Trip from Brandenburg to Vietnam 2024, HCMC and Hanoi 

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Business Trip 2024: Waste Management and Recycling, Hanoi & HCMC, Vietnam

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International Consulting Day 2024, Stuttgart, Germany

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IHK Trade and Connect 2024, München, Germany 

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Consulting Day Vietnam 2024, Kiel, Germany 

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Delegation Trip from Rhineland – Palatinate to Vietnam 2024, Hanoi, Hai Phong and HCMC 

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NRW Foreign Trade Day 2025, Mönchengladbach, Germany

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TRADE FAIRS

Medical Fair Asia & Medical Manufacturing Asia 2024, Singapore 

Discover the latest healthcare innovations and technologies at Medical Fair Asia 2024. This event offers a comprehensive platform for networking, sourcing new products, and staying updated on industry trends. 

Medical Fair Asia 2024 | Medical Manufacturing Asia 2024

 

TaipeiPLAS 2024, Taipei, Taiwan

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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REHACARE 2024, Düsseldorf, Germany 

With over 850 exhibitors from 40 countries, REHACARE 2024 renowned as the premier global trade fair for Rehabilitation, Prevention, Integration, and Care.

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SPIEL ESSEN 2024, Essen, Germany 

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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12th Business Opportunities Fair 2024, Manila, Philippines

Unlock global business opportunities at ADB's 12th Business Opportunities Fair, uniting diverse stakeholders to foster economic development and international cooperation. 

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

This pivotal event for Vietnam's environmental stewardship gathers industry leaders and policymakers to shape a sustainable future with innovative technologies showcased by the German Pavilion. 

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Glasstec 2024, Düsseldorf, Germany

Discover the latest innovations at Glasstec 2024, the one-off event for glass industry professionals. Connect with manufacturers, suppliers, and industry leaders passionate about advancing glass technology.  

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Medical Technology & Healthcare Fairs 2024, Düsseldorf, Germany

Immerse yourself in a future world of healthcare innovation and expertise in the medical industry at MEDICA & COMPAMED 2024, where they showcase groundbreaking medical advancements and explore state-of-the-art technologies. 

MEDICA 2024  |  COMPAMED 2024 

 

ArabPlast 2025, Dubai, UAE 

ArabPlast 2025 is an event for plastic and rubber companies looking to expand in the Middle East, here offers opportunities to connect, gain insights, and enhance brand recognition in a rapidly growing economy. 

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Spielwarenmesse 2025, Nuremberg, Germany 

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, Germany 

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

Germany Backs Vietnam in Energy Grid Development

In July, the government issued a ruling on direct power purchase agreements (DPPAs). Dr. Oliver Massmann, GBA Board Member spoke with Vietnam Investment Review’s Khoi Nguyen about how the move will impact the energy sector in Vietnam, especially when it comes to German investors. He stated “I believe that Germany can help Vietnam in developing relevant mechanisms to promote the grid as well as prevent unwanted investment in specific sectors”.

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PUBLICATIONS

Navigating Vietnam's Business Climate: Insights from AHK Vietnam's Peter Kompalla 

Peter Kompalla, Chief Representative of AHK Vietnam, highlighted with Handelsbatt the challenges foreign investors face due to Vietnam's stringent anti-corruption measures. While these efforts aim to level the playing field, they have led to bureaucratic delays and uncertainty. He also emphasizes the need for clear regulations and efficient processes to restore investor confidence and maintain Vietnam's appeal as a prime investment destination. 

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Newsletter on Hydrogen Industry and H2Upp Project 

The German Agency for International Cooperation (GIZ) and AHK Vietnam are implementing the H2Uppp project, funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). H2Uppp aims to develop markets for green hydrogen (H2) and Power-to-X (PtX) technologies in developing countries and foster private sector partnerships and export-import relationships with Germany and Europe. Vietnamese companies can gain more insights into the hydrogen industry from GIZ’s special Vietnamese Newsletter

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AHK Vietnam Blog: Update on Market Trends of Industrial Parks in Vietnam  

Vietnam's industrial parks are rapidly transforming into key industrial hubs in Southeast Asia. With over 400 parks and significant government investment in infrastructure, these parks offer strategic locations and advanced facilities. Discover the latest trends, including ready-built factories, green and smart industrial parks, and the diversification of industrial hubs, which are reshaping the landscape and presenting new opportunities for businesses and investors. 

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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 August 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

PAST EVENTS

Schaeffler, VGU, and AHK Vietnam Collaborated on the “Basic Management Programme”, HCMC, Vietnam 

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GBA Charity Day 2024: HCMC, Vietnam

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Goethe-Fest 2024: A Cultural Exchange and Career Orientation Day for Germany, HCMC, Vietnam 

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The Grand Opening of The New Operation Center – DIGI-TEXX Hau Giang, Vietnam 

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Mid-Year Appreciation Dinner: HCMC, Vietnam

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Discover Vietnam’s Machinery and Technology for Manufacturing and Supporting Industries, HCMC, Vietnam 

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GBA Workshop: Crisis Management, HCMC, Vietnam

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GBA Excursion to FPT Software: Hanoi, Vietnam

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VASI Met AHK Vietnam: Emphasizing Vietnam’s Prime Destination for Sourcing, Hanoi, Vietnam  

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DeutschenTreff: HCMC, Vietnam

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Business Thursdays by GBA: Hanoi, Vietnam

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TÜVSÜD Celebrates Graduates of Business Sustainability Management Programme: HCMC, Vietnam

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Congras to The German Dental Clinic on The Grand Opening, HCMC, Vietnam 

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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: huong.do@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