Nguyen Manh Hai, Counsellor and head of the investment promotion division at the Vietnamese Embassy in Germany, presents Vietnam's policies for facilitating investment in green growth at the AsiaBerlin Summit 2022. (Photo: VNA)
Berlin (VNA) – Vietnam’s policies for facilitatinginvestment in green growth have been presented at the AsiaBerlin Summit 2022held in the German capital city.
In his speech, Nguyen Manh Hai, Counsellor and head of theinvestment promotion division at the Vietnamese Embassy in Germany, said political and social stability and the strategic location are among favourableconditions for Vietnam to attract foreign investment. Low labour costs and alarge, young, dynamic, skillful and industrious workforce have also added tothe country’s attractiveness to investors.
So far, Vietnam has signed 15 free trade agreements (FTAs),including a multilateral one among members of the Association of SoutheastAsian Nations (ASEAN), bilateral deals between the bloc and other countries,and Vietnam’s bilateral FTAs with the EU and some countries like Japan, Chile,the Republic of Korea, and the UK. The country has also been assessed as a onewith an optimal investment climate and many investment incentives forinvestors.
Hai noted that Germany is one of the most important EU partners of Vietnam, which is thelargest trading partner of Germany in ASEAN.
He stressed that Vietnam has a strong agriculture but the country is highly vulnerable to climatechange.
Haisaid the Vietnam - Germany startup networking event, held as part of the AsiaBerlin Summit 2022, was an occasion for introducinggreen technology startups to help the Southeast Asian country adapt to andminimise climate change impacts and protect natural resources and theenvironment.
The summit drew a large numberof startups from across Europe and Asia, aiming to connect the firms to promoteentrepreneurship and the realisation of the Sustainable Development Goals inthe five topics of people, prosperity, planet, peace, and partnerships.
The AsiaBerlin initiative is intended to develop aninternational startup ecosystem between Asia and Berlin, thereby creating afoundation and initiatives to support startups in various fields.
This is the fifth time the Vietnamese Embassy in Germany has taken part in the AsiaBerlin Summit, which marks its 25th anniversarythis year.
As part of the event, it also held the “Embassy Day” tointroduce Vietnam to participants./.
A circular economy aims to circulate the waste within a single enterprise or turn waste from one industry into a resource for another. According to the United Nations Industrial Development Organisation (UNIDO), a circular economy is a closed production cycle, where waste is returned as raw materials for production, thereby reducing any negative impact on the environment, ecosystems, and health.
The State Bank of Vietnam (SBV) and the Banking Working Group (BWG) jointly held a conference in Hanoi on July 16 to discuss measures to attract resources for the implementation of green growth and sustainable development targets.
As the energy industry has a crucial role in achieving net zero emissions by 2050, it requires a structural transition toward green growth. Therefore, Vietnam needs assistance from developed countries regarding both financial and technical issues.
Vietnam has been increasingly embracing the green transition and circular economy to make efficient use of its resources to boost economic growth, according to Nguyen Hoa Cuong, deputy head of the Central Institute for Economic Management (CIEM).
Vietnam and Denmark have a lot of potential to expand and deepen their cooperation in the time ahead, especially in green growth, Danish State Secretary for Trade and Global Sustainability Lina Hansen has affirmed.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Nguyen Manh Hai, Counsellor and head of the investment promotion division at the Vietnamese Embassy in Germany, presents Vietnam's policies for facilitating investment in green growth at the AsiaBerlin Summit 2022. (Photo: VNA) 
