The representative office of the State of Baden-Wuerttemberg (Federal Republic of Germany) in Vietnam has officially come into operation from July 2017 with the purpose of promoting trade and investment, paving the way for German businesses to set up business in Vietnam and vice versa.
This representative office is located at the Delegate of German Industry and Commerce in Vietnam. The office will provide information about the market, business and investment environment in Baden-Wuerttemberg to businesses in Vietnam. For businesses in the state of Baden-Wuerttemberg, the office will assist in finding partners and exploring the investment environment in Vietnam.
The State of Baden-Wuerttemberg is Germany’s third-largest state, one of Europe’s most important economic centers and also a major investment destination of this continent.
With its favorable geographic location, adjacent to France, Austria and Switzerland, the State of Baden-Wuerttemberg is the ideal gateway to the European market with nearly 500 million customers. In fact, The State of Baden-Wuerttemberg has always been a leader in exports and a major contributor to the significant growth of the German economy. The gross domestic product (GDP) of the state in 2015 is 460 billion euros, higher than the GDP of Belgium, Sweden or Austria. The global companies such as Daimler, Bosch, SAP, GFT Technologies and Posche all have their headquarters in this state.
Meanwhile, established in Vietnam since 1993, the Delegate of German Industry and Commerce in Vietnam, as a representative for Germany’s Ministry of Economy and Energy, always supports and promotes business cooperation and Investment between Germany and Vietnam.
In addition to information about the market, partners and investment locations, this office also co-operated with German businesses in Vietnam to implement projects on parallel vocational training, bringing supporting projects of the German Ministry of Economy to Vietnam in renewable energy and energy efficiency sectors, as well as supporting Vietnamese enterprises in accessing the German market via the trade fair channels.