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German businesses keen to expand investment in Viet Nam

8 July 2023
34650
2023-07-08 19:38

According to survey conducted by the German Chamber of Commerce and Industry, 91 percent of German companies plan to continue investing in or expanding their production in Vietnam.

Additionally, about 40 percent of them aim to increase their workforce within the next 12 months. Furthermore, German investors anticipate a resurgence in Vietnam's growth in the medium term, driven by various factors including Free Trade Agreements, notably the EU-Vietnam Free Trade Agreement, and an inflow of green investments.

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