Speaking at the session, Andreas Jahn, member of the BVMW Federal Executive Board in charge of politics and foreign trade, said he has high expectations for cooperation between German enterprises and Nam Dinh, which is among the 10 localities with highest per capita income in Vietnam.

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A delegation of Nam Dinh province and representatives from German Association for Small- and Medium-sized Businesses (BVMW)

He noted that BVMW already has a rep office in Vietnam and asked Nam Dinh authorities to consider the opening of the association's second office in Nam Dinh city to facilitate exchange and cooperation of the two sides.

For his part, Secretary Tuc introduced the province’s potential, advantages and investment incentives, noting that the province has attracted many investors in renewable energy, manufacturing, electronics and computer.

He said the province wants to boost win-win cooperation with German SMEs in promoting hi-tech industries, green economy and circular economy.

The official asked BVMW to help with promoting investment opportunities in Nam Dinh to its member firms, for example publishing information about Nam Dinh on its official website. He invited the association's leaders to visit the province for more discussion on bilateral cooperation.

Previously, the delegation visited some high-tech manufacturing facilities and the Vietnamese Embassy in Germany.

In the first eight months of 2023, Nam Dinh welcomed several big investments including a 120 million USD computer production project from Qanta Computer Group (China’s Taiwan) with a planned capacity of 4.5 million units a year, a 100 million USD project to build a high-tech polymer coating factory by Sunrise Material Group (Singapore); and a 100 million USD project of JiaWei Group (China’s Taiwan) to make high-tech household appliances.

Source: VNA