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.
Though boasting their own appeal, Vietnam’s major cities have failed to compete with their regional counterparts in tourist numbers and return visitors.
Vietnam has a vision of, by 2050, building a modern railway network and taking full control of all related technologies, from manufacturing rails and switches to self-sufficiency in electrification.
According to newly released data from the General Statistics Office (GSO), Vietnam’s Gross Domestic Product (GDP) in the first quarter of 2025 grew by 6.93% year-on-year and this is the highest Q1 growth rate recorded during the 2020 - 2025 period.
Vietnam will face a number of hurdles as it strives to post double-digit growth in the years ahead, including low public investment efficiency, global trade tensions, and capital misallocation in key sectors.