Affirming the growth and development of the Vietnamese business community in Germany

From the first generations of overseas Vietnamese settling in Germany 30-40 years ago to the current generation of young entrepreneurs, many businesses have affirmed their position in many fields.

**Consul General Luu Xuan Dong emphasized the growth and diverse development of the Vietnamese business community in Germany. (Photo: Phuong Hoa/Vietnam+)**

On June 16, the Consulate General of Vietnam in Frankfurt am Main organized the event "Meeting - Connecting Vietnamese Businesses in Germany" on the occasion of the 50th anniversary of Vietnam-Germany diplomatic relations.

More than 50 Vietnamese businesses from all states across Germany participated in the event.

The program also had the participation of representatives of associations and large enterprises such as Vietnam Airlines , VietinBank, FPT, German-Vietnamese Business Association, VGInetwork... This is an activity to strengthen connections, support and promote the development of the Vietnamese business community in Germany.

Speaking at the event, Consul General Luu Xuan Dong emphasized the growth and diverse development of the Vietnamese business community in Germany. From the first generations of overseas Vietnamese settling in Germany 30-40 years ago to the current generation of young entrepreneurs, many businesses have affirmed their position in many fields.

The Consul General affirmed to continue to accompany and act as a bridge for the business community to develop sustainably and connect with the domestic market.

Also at the meeting, Trade Counselor Dang Thi Thanh Phuong and Finance-Investment Counselor Nguyen Thi Thu Ha (Vietnam Embassy in Germany) informed businesses about the Vietnam-Germany trade situation, and analyzed barriers such as quality standards, requirements and competitive pressure in the German market.

Many ideas to improve the competitiveness of Vietnamese goods and services were also shared.

In addition, Chief Representative of Science and Technology Tran Dong provided businesses with information on breakthrough policies for science, technology development, innovation and national digital transformation, and encouraged overseas Vietnamese businesses to cooperate in research and technological innovation.

The connection between businesses and scientists, the application of technology, and the commercialization of research results are expected to open up many opportunities for sustainable development in the future.

On the business side, there were also many opinions shared, such as improving foreign language skills, building the Vietnamese technology industry brand and ensuring product and service quality.

Some opinions suggest that mergers and acquisitions (M&A) with local enterprises can be considered as a way to shorten the process of penetrating and expanding the German market. These factors are considered the foundation for Vietnamese enterprises to promote their strengths and affirm their position in the German market.

After the discussion, the business networking session took place enthusiastically, creating opportunities for units to meet, exchange cooperation and share experiences. Many initial connections were established between businesses operating in different fields.

The Consulate General affirmed that it will continue to act as a bridge to support the Vietnamese business community in Germany. This event is a positive first step, creating momentum for practical connection activities in the coming time./.

Source: https://baolangson.vn/khang-dinh-su-truong-thanh-va-phat-trien-cua-cong-dong-doanh-nghiep-viet-tai-duc-5050370.html