Vietnamese businesses are increasingly interested in serious and methodical investment in business with partners from Germany, thereby identifying and making efforts to meet the requirements from small to large of the market.
“The Vietnam-EU Free Trade Agreement (EVFTA) took effect from August 1, 2020 has shown the initial positive effects on many areas of economic and trade cooperation between Vietnam and the Federal Republic of Vietnam. Germany (two member countries of EVFTA) ”.
This is the comment of Mr. Vu Ba Phu, Director of the Department of Trade Promotion at the online trade conference on trade promotion and cooperation between Vietnam and Germany enterprises held on October 15 and 16, with the participation of more than 30 Vietnamese exporters and many important businesses, distribution chains in Germany.
Sharing the same point of view, Mr. Nguyen Minh Vu, Ambassador Extraordinary and Plenipotentiary of Vietnam to Germany, said that when working with German enterprises, these enterprises showed special interest in Vietnam.
Enterprises that have done business with Vietnam expressed their wish to continue to expand and promote trade, investment and business cooperation with Vietnam and enterprises that have not done business with Vietnam also expressed their wish to have opportunities. cooperating with Vietnamese enterprises.
According to Mr. Nguyen Minh Vu, Vietnamese businesses can see the community of nearly 200,000 Vietnamese in Germany as a channel to connect their products and goods to this potential market.
Mr. Vu Ba Phu speaking at the Hanoi Bridge Trade Conference. (Photo: Ministry of Industry and Trade)
And Mr. Pham Truong Giang, Vietnam’s Consul General in Frankfurt (Germany), gave some suggestions to promote economic, trade and investment cooperation between the two countries such as Vietnam and Germany to quickly put into operation. The Joint Commission on Vietnam – Germany economic cooperation because this will be the foundation to develop cooperation between German states and Vietnamese localities.
The Joint Committee on Vietnam – Germany Economic Cooperation, authorized by the Ministry of Industry and Trade of Vietnam, is the focal point to coordinate with ministries, branches and localities to synthesize and report the implementation and implementation of the Government. with the same partner is the German Federal Ministry of Economy and Energy.
On the basis of this Joint Committee, the Vietnamese Consulate in Frankfurt coordinates with the agencies and associations of the two sides to create a “playground” for businesses of the two countries.
Accordingly, it will gather and provide enterprises of both sides with information and data on the potentials, trade and investment needs of both countries. At the same time, promote building a team to support businesses of both sides to solve problems arising when implementing EVFTA and IPA.
On the other hand, according to Mr. Pham Truong Giang, it is also necessary to build a system of warehouses in Germany to gather Vietnamese goods, as the basis for Vietnamese goods to penetrate the German market and to other European countries.
Mr. Giang said that, in the context of the COVID-19 epidemic causing difficulties for traditional trade promotion activities, the two sides also need to find a reasonable way to have exhibitions to display and introduce goods of enterprises. two countries.
Mr. Bui Vuong Anh, Vietnam Trade Counselor in Germany, assessed that businesses of the two countries are facing great opportunities of EVFTA and EVIPA. These agreements have become an important implication to deepen and substantiate the strategic partnership cooperation between the two countries.
The Vietnam Trade Office in Germany is actively coordinating with agencies, organizations and enterprises of the two countries to connect and apply cooperation mechanisms to promote trade relations in the fields of the two countries. care.
Mr. Vo Van Long, Chairman of the Vietnam Business Association in Germany, commented that Vietnam has a rich potential source of food and food, while German consumers have demand for these items.
However, in order for Vietnamese products to stand firmly in the German market, first of all, products must be good and have quality. In addition, in order to develop market share in this potential market, Vietnamese enterprises need to find channels to put products into chains of supermarkets, restaurants, hotels …
Mr. Graf Ludwig, the German Association of Small and Medium Enterprises, pledged to assist Vietnamese businesses to access the German market, advise businesses on the culture and ways of doing business to succeed in the large and potential market. this function.
Also at the trade conference, more than 30 Vietnamese businesses introduced to German partners many quality products including: beverages (tea, coffee, milk, wine, fruit juice), agricultural products – food (fruit, rice, noodles, vermicelli, seafood, spices …), household goods, handicrafts …
According to experts, the above products of Vietnam are suitable for the high consumption demand of manufacturers and consumers in Germany in particular and the EU in general.
According to VietnamBiz
