Log in
Business

Vietnam, Hesse (Germany) promote high-tech cooperation

Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.

Minister-President of Hesse State, Germany, Boris Rhein, looked forward to further strengthening partnerships between educational and research institutions on both sides in areas such as high technology, finance and banking, semi-conductor industry, and AI. This was discussed during his meeting with Prime Minister Pham Minh Chinh today, November 28.

 Prime Minister Pham Minh Chinh and Minister-President of Hesse State Boris Rhein. Photos: Nhat Bac

Both sides agreed that the Vietnam-Germany University, a flagship project in education and training established under the initiative of the State of Hesse State, has been operating effectively and contributing to the development of high-quality human resources in Vietnam.

The State of Hesse will continue to support the development and expansion of the Vietnam-Germany University and maintain scholarship programs for Vietnamese students and researchers, said Boris.

During the meeting, Prime Minister Pham Minh Chinh emphasized the significance of Governor Boris Rhein’s visit, saying that it comes amidst the flourishing Vietnam-Germany Strategic Partnership and the strengthening of Vietnam-Hesse relations across diverse sectors. He expressed confidence that the visit would inject new momentum into the partnership between Vietnam and Hesse.

Boris expressed his pleasure in returning to Vietnam in his new capacity. He recalled the deep historical ties and enduring friendship between the two nations and congratulated Vietnam on its recent socio-economic achievements.

Emphasizing Hesse's commitment to strengthening its relationship with Vietnam, he stated that his visit aims to further expand cooperation in areas such as business, education, training, and labor.

In discussing their respective situations, Chinh underlined Vietnam's focus on achieving three strategic breakthroughs: improving the institutional framework, developing human resources, and enhancing infrastructure.

He said that Vietnam's priorities are sustainable development, digital transformation, and green transition. In this context, he reiterated Vietnam's commitment to its Strategic Partnership with Germany and its special collaboration with Hesse, a German state known for its strengths in economy, finance, science and technology, and industry. Both sides expressed satisfaction with the positive and effective development of Vietnam-Hesse relations in the broader context of strong bilateral cooperation.

 Overview of the meeting. 

Notably, bilateral trade between Vietnam and Hesse has reached approximately EUR1 billion ($1.05 billion) annually, accounting for one-tenth of the total trade between Vietnam and Germany. Hesse-based companies, such as Bilfinger & Berger, Messer, Sanofi-Aventis, Fresenius, and Commerzbank, have made significant and effective investments in Vietnam.

To further strengthen bilateral cooperation, Chinh suggested six key areas for collaboration: Hesse pushing for the German Bundestag's early ratification of the EU-Vietnam Investment Protection Agreement (EVIPA); supporting and expanding the Vietnam-Germany University, particularly in high-tech fields such as finance, banking, semiconductors, and artificial intelligence; sharing expertise in sustainable development, climate change adaptation, and renewable energy to achieve carbon reduction goals while facilitating Vietnam’s access to funding, management expertise, and workforce training under the Just Energy Transition Partnership (JETP); accepting skilled Vietnamese workers, particularly in light of Germany’s new Immigration Act; ensuring favorable conditions for the Vietnamese community in Hesse to integrate and thrive while preserving their cultural identity; and collaborating on cultural and sports exchanges to commemorate the 50th anniversary of Vietnam-Germany diplomatic relations in 2025.

Acknowledging Hesse’s need for skilled labor from Vietnam, Boris encouraged both sides to leverage the opportunities provided by Germany’s new Immigration Act to expand the labor supply. He emphasized the importance of facilitating Vietnamese workers’ employment in Hesse to address the state’s labor shortage. He also recognized the significant contributions of the Vietnamese community to Hesse’s prosperity and cultural diversity.

He reaffirmed the state government’s commitment to supporting the Vietnamese diaspora in preserving their cultural heritage and strengthening their role as a bridge of friendship between Vietnam and Hesse.

Reactions:
Share:
Trending
Most Viewed
Related news
Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

Vietnamese policymakers push for early launch of gold exchange

Vietnamese policymakers push for early launch of gold exchange

A transparent gold exchange would not only offer a safe investment channel for the public but also provide a foundation for Vietnam to become a regional hub for jewelry manufacturing and exports.

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom will transfer technology, localize nuclear products in Vietnam and support the development of the country’s nuclear science and industry for peaceful purposes.

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi is pushing forward a wide range of innovation-driven reforms and investment initiatives as it works to become one of the world’s most attractive destinations for high-tech and strategic investors.

Vietnam mulls sharp rise in casino entry fee for locals

Vietnam mulls sharp rise in casino entry fee for locals

Such higher rates are intended to discourage individuals without adequate financial capacity from entering casinos.

Vietnam’s export strength in 2025 builds solid momentum for 2026 growth

Vietnam’s export strength in 2025 builds solid momentum for 2026 growth

With trade turnover nearing the US$900-billion mark, Vietnam enters 2026 with renewed confidence despite global volatility, rising trade barriers and shifting supply chains. Deputy Director of the Import–Export Department Tran Thanh Hai has outlined the drivers of this growth and the priorities for sustaining momentum next year.

Vietnam sets new trade record as import–export turnover nears $840 billion

Vietnam sets new trade record as import–export turnover nears $840 billion

Vietnam recorded its highest-ever trade performance in January-November as import–export turnover surged, driven by strong export growth and a continued trade surplus.