German House inaugurated in HCM City

March 27, 2019 - 07:00

The German House was inaugurated in HCM City on March 26 at a ceremony which also marked the 25-year presence of the German Chamber of Industry and Commerce in Việt Nam.

The German House was inaugurated in HCM City on March 26 at a ceremony which also marked the 25-year presence of the German Chamber of Industry and Commerce in Việt Nam. — VNA/VNS Photo Xuân Khu
Viet Nam News

HCM CITY — The German House was inaugurated in HCM City on March 26 at a ceremony which also marked the 25-year presence of the German Chamber of Industry and Commerce in Việt Nam.

Addressing the event, German Minister for Economic Affairs and Energy Peter Altmaier said despite certain ups and downs in the two countries’ relations, it was now time for them to look forward and develop their ties towards the common goal of prosperity of the people.

Hailing Việt Nam’s dynamic growth, the minister said the strong development of start-ups was one of the factors driving the country’s economic growth. He thanked Vietnamese partners for their support in the construction of the German House, and noted that the Vietnamese community in Germany played a bridging role in the two countries’ relationship.

Minister of Industry and Trade Trần Tuấn Anh highlighted that the German House would be a new address for bilateral cooperative activities and serve as a bridge for the business communities of the two countries.

He affirmed Việt Nam’s commitment to improving the investment environment and legal framework to create an equal competitive environment for foreign firms.

The minister called on the German government to continue encouraging German businesses to invest in Việt Nam and assist Việt Nam in developing renewable energy sources, building policies and infrastructure, and training human resources for the fourth Industrial Revolution.

Construction of the German House started in November 2014. The work is a symbol of the friendship and the strategic cooperation of the two countries. — VNS

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