Chancellor Olaf Scholz’s visit to Vietnam to deepen strategic partnership: German media | World

German Chancellor Olaf Scholz (Photo: AFP/VNA)

Berlin (VNA) – German media highlighted Chancellor Olaf Scholz’s upcoming visit to Vietnam on November 13-14, saying it will be a good opportunity for the two countries to further strengthen their strategic partnership.

According to an article published on the Konrad Adenauer Stiftung (KAS) website, the visit aims to promote a strategic partnership between the two countries and create an opportunity to deepen bilateral relations.

Chancellor Scholz will hold talks with Vietnamese Prime Minister Pham Minh Chinh and meet Party General Secretary Nguyen Phu Trong in Hanoi, the report said, adding that the letters of intent aimed at deepening strategic partnership in policy areas such as climate, energy transition and security – defense are ready for signature.

In Asia, the Chancellor visit to vietnam after Japan and China demonstrated Vietnam’s increasingly prominent position, KAS said.

With nearly 100 million people, Vietnam is one of the fastest growing economies in the world and Germany’s largest trading partner in Southeast Asia, KAS said, adding that the country also adheres to many regional or bilateral free trade agreements (FTAs) and is an attractive investment. destination of many foreign companies.

Scholz’s visit to Vietnam can create greater impetus for economic, trade and investment cooperation, and partnership in energy conversion and environmental and climate protection, between the two countries, notes the item.

Meanwhile, Neues Deutschland newspaper said Vietnam is now an attractive investment destination for German companies.

The German Chamber of Commerce and Industry highly appreciates the great efforts of the Vietnamese government to integrate the country into the global economic community, the newspaper said, adding that the process of renewal (Doi moi) implemented by Vietnam since 1986 began a considerable development of the Southeast Asian nation. .

According to the newspaper, as early as 2007, German companies saw Vietnam as a developing country on the way to becoming an industrial nation.

Vietnam’s socialist-oriented market economy has become attractive to international investors, he said, noting that many German companies are looking for new investment destinations and Vietnam is a favorite country./.

James R. Rhodes