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President hails growing trade ties, friendship with Germany on visit

VNA
Published: November 26, 2015

President Truong Tan Sang and his German counterpart Joachim Gauck expressed pleasure at the rapid development of the Viet Nam-Germany strategic partnership at their talks in Berlin on November 25 (local time).

The two State leaders agreed that the two countries have become not only strategic partners but also sincere friends with mutual understanding and respect. They stressed the need to strengthen visit exchanges and implement bilateral cooperative mechanisms in an effective fashion to create new momentum for a stronger strategic partnership in the time ahead.

President Truong Tan Sang (R) and German counterpart Joachim Gauck inspect the guard of honour in Berlin
President Truong Tan Sang (R) and German counterpart Joachim Gauck inspect the guard of honour in Berlin

Host and guest said they are delighted with the progress in bilateral trade and investment ties.

President Truong Tan Sang confirmed that Germany is currently one of the leading partners of Viet Nam in Europe in various fields such as trade, science-technology, development cooperation, environment, law, education and vocational training.

Within five years, bilateral trade has almost doubled from 4.1 billion USD in 2010 to 7.8 billion USD in 2014. German investment in Viet Nam has increased over 70 percent from 824 million USD in 2010 to 1.4 billion USD currently.

(Source: VNA)

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