“We are appreciative of Vietnam's open policy for the energy market. While domestic enterprises are knowledgeable about localities, law, mechanisms, policies, and procedures. Foreign investors have good potential in terms of capital, technology and investment experience in operating and managing plants. The two sides’ partnership will bring greater efficiency to projects and investors. CMEC wishes to co-operate with Vietnamese enterprises in investing in power development projects,” Yanshui states. … [Read more...] about Vietnamese energy market has plenty of room for development
Siemens
Vietnam, Germany seek to raise trade to USD 20 billion
Informing German investors about Vietnam’s economy, Phuc said Vietnam’s gross domestic product (GDP) has grown more than 6 percent for 30 consecutive years, rising 6.21 percent to USD 220 billion last year. With increasing consumption and average income per capita of nearly USD 2,300, Vietnam’s trade value of roughly USD 400 billion is about 1.6 times higher than GDP. … [Read more...] about Vietnam, Germany seek to raise trade to USD 20 billion
