|President Truong Tan Sang and his spouse (Source: VNA)|
President Sang’s entourage includes Deputy Prime Minister and Foreign Minister Pham Binh Minh, head of the Party Central Committee’s Economic Commission Vuong Dinh Hue, Minister of Industry and Trade Vu Huy Hoang, Minister of Science and Technology Nguyen Quan and Transport Minister Dinh La Thang, among others.
Over the past five years, Germany has been one of Vietnam’s leading trade partners in the European Union, accounting for 20 percent of Vietnamese exports to the market.
The investment flow from the country to Vietnam has also increased 70 percent to 1.38 billion USD in 2015 from 824 million USD in 2010.
Among the prominent ongoing joint projects are the German House, Metro line 2 in Ho Chi Minh City, and the Vietnam-Germany University.
More than 300 German businesses are smoothly operating in Vietnam