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HIGHLIGHTS OF THE MONTH

Germany and Vietnam: Partnership for Prosperity - Heading to #50VietDuc

The "Germany and Vietnam - Partnership for Prosperity" gala dinner on November 26, 2024, celebrated 30 years of collaboration between the two nations. Hosted by AHK Vietnam, the event welcomed 130 distinguished guests, including Minister Schulze of Saxony-Anhalt and his delegation, highlighting 20 years of partnership. The evening featured the launch of AHK Vietnam's new logo, symbolizing its forward-looking vision, and fostering new collaborations. AHK Vietnam extends its gratitude to all who contributed to this unforgettable milestone as we head toward #50VietDuc in 2025.

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Celebrating the Newest Milestone of the GBA: 400 Members Strong!

We are thrilled to announce that the GBA has reached 400 members! This milestone reflects our dedication to providing valuable, member-centric events and content. Our success is driven by your active participation and enthusiasm. We are grateful for your support, especially from our corporate partners, premium service partners, and event sponsors. As we celebrate, we look forward to continuing to build a thriving community. We are also celebrating 50 years of German-Vietnamese diplomatic relations and 30 years of GBA in 2025. Let’s keep striving for excellence and success!

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Fair Migration to Germany for Everyone: German Career Day 2024 in HCMC

The German Career Day 2024 wrapped up with nearly 1,000 attendees in a vibrant and lively atmosphere. The event provided valuable insights into opportunities for Vietnamese skilled workers and students to pursue careers and education in Germany without paying unreasonable fees. It underlined the potential for German businesses to address workforce shortages while fostering collaboration in education and industry. The event also emphasized the growing appeal of Germany as a career destination for Vietnamese professionals.

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German Delegation Explores Investment Opportunities in Dong Nai

Dong Nai, November 7 – A delegation of over 45 German enterprises and investors, led by GBA Chairman Mr. Alexander Ziehe and Chief Representative of AHK Vietnam Mr. Peter Kompalla, held constructive talks with the Vice Chairman of Dong Nai People’s Committee Mr. Vo Van Phi, and provincial departmental heads. The discussions centred on boosting FDIs and reinforcing Dong Nai’s position as a competitive business hub.

Key recommendations to enhance Dong Nai’s appeal include: streamlined, digitised administrative procedures, liberalisation of international banking, tax and financial incentives, more.

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Decoding German M&A Investments in Vietnam

M&A remains crucial for companies expanding globally and transforming operations, including acquiring key technologies for non-organic growth. However, 2024 has seen a notable decline in activity across the Asia-Pacific region, with a 28 per cent year-over-year decrease. Vietnam has mirrored this trend, experiencing a 23 per cent drop, amounting to over $4.4 billion. Despite the reduced number of deals this year, M&A remains a critical strategic tool in Vietnam.

In a recent interview with the Vietnam Investment Review, GBA Chairman Mr. Alexander Ziehe decodes German M&A Investments in Vietnam.

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MARKET ENTRY NEWS

Vietnamese Traditional Markets Grapple with E-commerce Adaptation

Vietnam’s traditional markets are competing with the country’s rapidly growing e-commerce sector, which is the fastest in Southeast Asia. While government and industry bodies provide training in online selling and live streaming, many vendors lack the digital skills, logistics knowledge, or resources to thrive online. Some sellers prefer social media and messaging apps for personalized connections. For German companies, this highlights opportunities in e-commerce training, logistics solutions, and partnerships to modernize Vietnam’s traditional retail sector.

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Legal Updates by Dr. Oliver Massmann | November 2024

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

  1. Amended chemical law reduces administrative procedures
  2. NA deputies debate amended draft laws to facilitate investment, production, business
  3. Impose additional tax on owners of multiple properties: lawmakers
  4. New regulations on foreign indirect investment in Vietnam drafte

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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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Vietnam Team Company Trip 2024: Building Bonds, Creating Memories

From Hanoi to Ho Chi Minh City, our Roedl & Partner Vietnam team united in stunning Mui Ne, Phan Thiet City, for an extraordinary getaway!  This much-deserved retreat was all about refreshing our spirits, strengthening team connections, and enjoying every moment – from exciting outdoor activities to delicious food and endless laughter. Here’s to teamwork, shared memories, and the bonds that make us unstoppable. Until the next adventure!

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Health & Wellness Days 2024 at Deutsches Haus

We kicked off Health & Wellness Days 2024 with an inspiring talk on “Longevity - How to Live a Longer & Healthier Life,” followed by exciting activities like yoga, meditation, Pickleball, table tennis, and wellness workshops. A huge thank you to our speakers, athletes, and sponsors for making it unforgettable! At Deutsches Haus, we’re dedicated to fostering a healthier community - let’s continue prioritizing our well-being together!

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Flexible Gluing and Sealing of Battery Systems from Dürr

The batteries in electric cars endure significant stress from factors like stone impacts, vibrations, and heat generation. Additionally, these batteries must withstand collisions and resist flames until the vehicle occupants are safe. Bonding and sealing the battery components is therefore integral to overall safety. Dürr provides versatile Application Technology to meet the changing requirements of new battery types and improved performance.

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GvW Updates of the First Draft of Personal Data Protection Law in Vietnam

On September 24, 2024, Vietnam introduced a draft Personal Data Protection (PDP) Law, marking a significant advancement in data protection. Developed by the Ministry of Public Security, this proposal goes beyond the previous Decree No. 13/2023/ND-CP issued in April 2023. Open for public consultation until November 24, 2024, the law is expected to take effect on January 1, 2026. It includes 68 articles across seven chapters, addressing AI, cloud computing, marketing, employee monitoring, financial data, and healthcare.

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Compliance Matters! Luther Vietnam BPO Services

Luther Vietnam’s Business Processes Outsourcing (BPO) provides 360̊ support for your business in Vietnam. From business setups to maintaining smooth operations, Luther always ensures full compliance & efficiency. Our fully integrated tax & accounting teams understand international standards and follow established best practices. Get in touch now to optimise operations and focus on your business while we manage the formalities.

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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, and 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 Group CEO Signs UN Women Empowerment Principles for Gender Equality

We are proud to announce that the CEO of Messer Group has officially signed the UN Women Empowerment Principles for Gender Equality. This commitment reinforces Messer's dedication to promoting gender equality and empowering women in the workplace. By aligning with these principles, we aim to foster a more inclusive, diverse, and equal environment for all employees.

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Sao Vang Group SAVABECO

With Savabeco’s diversity in products ranging around Sao Vàng beer brand, our aspiration is to supply high-quality up-to-standards products towards the Vietnamese market and a focus in continuously elevating the value and desirability of exceptional Vietnamese beer in the international market. With that, we are persistently building the Greenfield brewery along with investing in state-of-the-art equipment and machinery supplied by the leading European manufactures and keeping our expertise in brewing to its finest.

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Digitalisation at Schaeffler’s Vietnam Plant Ups Supply Chain Transparency

Digitalization serves as a strategic enhancement that aligns business operations with modern operational practices. Following a conversation with Mobility Outlook, Klaus Mueller, Chief Operating Officer Asia/Pacific, shared his insights into the digitalization initiatives at our greenfield plant in Bien Hoa, Vietnam and how it is leading the way towards full digital integration across our global network.

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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 in 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 complements 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 Vietnam Participated in the Vietnam Motor Show 2024

Wurth Vietnam took part in the Vietnam Motor Show 2024, which was held from October 23 to 27 at the Saigon Exhibition & Convention Center (SECC). Although Wurth Vietnam is taking part in this event for the first time, it has garnered the interest and support of numerous partners, including tire and automobile manufacturers, garage owners, workshops, and car owners, drawing a sizable crowd of people. Wurth Vietnam would like to use this opportunity to sincerely thank our customers and partners who have supported us over the years.

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Ziehl-Abegg Vietnam

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’s Better Life Farming Alliance: A Comprehensive Ecosystem to Support Farmers and Drive Sustainability

Bayer recently launched the Better Life Farming (BLF) Alliance in Vietnam to provide local smallholder farmers with access to innovative solutions and expert advisory to enhance farming efficiency and ensure high-quality harvests. Bringing BLF to the country marks a significant step in Bayer Vietnam's commitment to promoting regenerative agriculture for key crops across the country while creating an ecosystem that equips smallholder farmers with comprehensive and innovative solutions.

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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.

 

Dialog International: Greater Resilience through Diversification, Munich, Germany 

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

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GBA Business Meeting: Vietnam 2025 – Navigating Geopolitical and Economic Currents, HCMC, Vietnam

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GBA Christmas Dinner 2024, Hanoi, Vietnam

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[Co-hosted Event] Dutch Golf Classic 2024

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Webinar: State of Factory Automation in Vietnam, Online

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Workshop: Next-Gen Logistics – The Role of EV Trucks in the Green Transition

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DeutschenTreff December, HCMC, Vietnam

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Symposium 2025: Factory Automation - Made in Germany, HCMC, Vietnam

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NRW Foreign Trade Day 2025, Mönchengladbach, Germany 

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Solar & Storage Live Vietnam 2025: German Pavilion, HCMC, Vietnam

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TRADE FAIRS

German Pavilion in Vietnam

ASEAN Ceramics Vietnam, HCMC, Vietnam, December 11-13, 2024: Southeast Asia’s Largest International Exhibition for the Ceramics Industry with 11 exhibitors at the German Pavilion. Read more

 
 

VALVE WORLD EXPO 2024, Düsseldorf, Germany, December 3-5, 2024: Hub for valves and sealing solutions. Read more

Boot Düsseldorf, Germany, January 18-26, 2025: Dive into the world’s largest watersports trade fair! Read more

EuroCIS, Düsseldorf, Germany, February 18-20, 2025: Discover cutting-edge retail technology. Read more

XPONENTIAL Europe, Düsseldorf, Germany, February 18-20, 2025: Making its Düsseldorf debut, featuring advanced tech. Read more

Beauty Düsseldorf, Germany, March 28-30, 2025: Where beauty professionals meet the latest trends. Read more

K 2025, Düsseldorf, Germany, October 8-15, 2025: Plattform for plastics and rubber industry innovations. Read more

A+A, Düsseldorf, Germany, November 4-7, 2025: Focus on workplace safety and health—exhibit spaces still open! Read more

 
 

Spielwarenmesse 2025, Nuremberg, Germany

January 28-Fenruary 1, 2025: Discover the global hub for the toy industry, uniting international decision-makers. Read more

 
 
INDUSTRY INSIGHTS

German Businesses Growing Interest in Green Initiatives in Vietnam

Germany, as hosts of COP1 in 1995, laid the groundwork for global climate dialogue. The German Business Association (GBA) has been aligned with these goals. At COP29 in Baku, leaders will focus on the 1.5°C target, influencing business decisions. Measures adopted will impact strategies in renewable energy, supply chain management, and energy efficiency. 

Vietnam’s net-zero commitment in 2021 spurred green initiatives, attracting investors. ESG initiatives are growing, focusing on sustainability, waste management, and carbon reduction. German enterprises are actively involved in projects promoting a sustainable Vietnam, emphasizing purpose and transparency.

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PUBLICATION

AHK Climate Protection Compass 2024

The AHK Climate Protection Compass 2024, surveying over 2,200 German companies in 43 countries, reveals significant business opportunities in climate protection. However, progress is hindered by gaps in infrastructure, incentives, and public discourse. Despite improved climate strategies in some regions, stable and supportive policies remain crucial. The report emphasizes the need for reliable frameworks to unlock the potential for climate protection-driven business growth on a global scale.

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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 November 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

As our community grows and our commitment to supporting your businesses intensifies, we provide a communication platform “GBA Konnects” that can enhance business opportunities for all our members and business partners. 

This channel will allow GBA members to exclusively send out notifications on the following topics: Job Opportunities, Products & Services, Networking & Meetups, Sourcing, Professional Development and CSR Initiatives. Learn More

PAST EVENTS

Visit from Hessian Ministry for Science and Research, Art and Culture, HCMC, Vietnam

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Business Trip from Brandenburg to Vietnam, Hanoi & HCMC

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Business Initiation in Vietnam: Waste Management and Recycling, Hanoi & HCMC

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PNE Opened Its Office in Binh Dinh Province, Vietnam

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Business Meeting in November: Accelerating Business Growth and Operational Efficiency with AI, HCMC, Vietnam

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GBA New Member Onboarding | Q3 & Q4 2024, HCMC, Vietnam

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Workshop: Digital Transformation in Supply Chain Management for Manufacturers, HCMC, Vietnam

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DeutschenTreff November, Hanoi & HCMC, Vietnam

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Bayer Celebrates 30 Years of Impact in Vietnam: Power of Partnership, HCMC, Vietnam

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CONTACT US

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

Trang, TRAN (Ms.)
Marketing and Communications
Email: trang.tran@vietnam.ahk.de
Tel.: +84 (28) 3823 9085

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
Trang.Tran@vietnam.ahk.de