Prime Minister Pham Minh Chinh proposed to create more favorable conditions for businesses of Vietnam and Germany to expand investment and business cooperation, and making science, technology, and innovation a new pillar in the bilateral cooperation during a phone conversation with German Chancellor Friedrich Merz on September 29.

PM Chinh urged Germanny to work closely with Vietnam to effectively implement the EU–Vietam Free Trade Agreement (EVFTA), and soon ratify the EU–Viet Nam Investment Protection Agreement (EVIPA).

The German Chancellor, for his part, expressed his strong impression of Vietnam's development potential and its growing role and position in the region and the world.

Germany wishes to further expand collaboration in strategic areas such as green economy, energy transition, circular economy, supporting industries, and logistics services, the German leader said.

Both sides vowed to soon elevate their bilateral relationship into a higher level, continue strengthening high-level delegation exchanges, make effective use of existing cooperation mechanisms, and speed up the establishment of joint working groups in the areas of economy, politics, and labor.

The two Prime Ministers underlined the need to foster stronger ties in various fields, including trade, investment, green finance, renewable energy, digital transformation and sustainable development, supporting industries, digital economy, pharmaceuticals, chemicals, and transportation.