German investors are not only active in traditional sectors in Vietnam but are also expanding into emerging fields that align with the latter’s strategic economic direction.
The results of a recent survey on the confidence of German businesses, conducted by the network of German Industry and Commerce overseas offices, show that those in Vietnam believe in the country’s business prospects and economic growth in the time to come. Nearly 93 per cent of German businesses said they will continue to invest in Vietnam and more than 64 per cent expect their business to develop further over the next year.