Strengthening Vietnamese-German strategic partnership in training

17:53 | 25/03/2019
The fourth phase of business training programme between the Federal Republic of Germany and Vietnam is expected to develop dynamic and talented business leaders ready for the Industry 4.0 era.
strengthening vietnamese german strategic partnership in training
Strengthening Vietnam-Germany strategic partnership in training. Photo: MPI

Today at the headquarters of the Ministry of Planning and Investment (MPI), Minister Nguyen Chi Dung met with Peter Altmaier, Federal Minister for Economic Affairs and Energy, along with numerous congressmen, officials of the ministry, and over 20 German businesses.

At the meeting, the two ministers expressed their desire to promote the strategic partnership and friendship between the two countries, discussed the establishment of a German chamber of commerce and industry in Vietnam, the capital adjustment of Metro Line No.2 in Ho Chi Minh City (Ben Thanh-Tham Luong), boosting co-operation in training human resources and some other sectors when the EU-Vietnam Free Trade Agreement (EVFTA) is inked.

Highlighting Vietnam’s recent socioeconomic achievements, Minister Peter Altmaier expressed his belief that with constant innovation and determination, Vietnam will catch up with Industry 4.0 that developed countries like the US, Japan, and Germany are spending so much money on. He also confirmed to “consider Vietnam as an equal partner.”

“In the next 5-10-year development period, Vietnam would like to partner closely with Germany in every sector, especially science-technology and innovation, as well as elicit its support to formulate a national strategy for Industry 4.0 and the establishment of the National Innovation Centre (NIC),” Minister Dung said.

Some German

businesses introduced and raised ideas of co-operation with Vietnam in renewable energy, startups, insurance, and environmental protection. The German minister also mentioned that the National Assembly has just approved the investment of €22 million ($24.86 million) into a vocational centre in Ho Chi Minh City.

Also at the meeting, the two ministers signed a joint statement between the MPI and the Federal Minister for Economic Affairs and Energy on business training programme for 2019-2021. This is the fourth phase of the programme which has been deployed since 2008 and trained 565 trainees so far.

With the new joint statement for a new period, the German government committed to train dynamic managers for Vietnamese businesses, who could meet the demands for economic development and international integration, as well as strengthen economic relations between the two countries and with European countries.

The German Federal Republic is one of the biggest ODA providers to Vietnam. Since 1990, Germany has given more than €2 billion ($2.26 billion) to ODA projects in Vietnam. They are also the biggest European trade partner of Vietnam, accounting for 16.4 per cent of the total export turnover to the EU, and 27.5 per cent of the total import turnover from the EU. Two-way trade turnover in 2018 was over $10 billion. Germany ranks fifth among the 28 EU countries investing in Vietnam with the total registered investment of nearly $2 billion.

By Nguyen Huong

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