Vietnam and Germany upgraded their cooperation framework to the Vietnam–Germany Energy Partnership during the third meeting of their Joint Committee on Economic and Trade Cooperation in Hanoi on November 17.
The move is expected to support energy transition, emissions reduction towards net-zero targets, energy-security enhancement and expanded business-to-business cooperation.
The meeting was co-chaired by Vietnam’s Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan and Parliamentary State Secretary at the German Ministry for Economic Affairs and Energy Stefan Rouenhoff, aiming to review cooperation, remove obstacles and identify priority areas for future endeavours.
The two sides agreed to implement the 2025–26 action plan, maintain the annual high-level steering committee, establish a technical working group and strengthen training, research and enterprise networking.
Vietnam and Germany are committed to expanding collaboration in automotive production and attracting investment in supporting industries, including textiles, footwear, electronics and high-tech components.
Both sides agreed to boost technology transfer, innovation and digital transformation in industry, and enhance workforce training, particularly in green skills, digital capabilities and Industry 4.0 management.
They pledged to improve information sharing, maintain stable trade flows, ensure supply-chain continuity and maximize the benefits of the EU–Vietnam Free Trade Agreement (EVFTA).
The two-way trade turnover between the two countries reached over $11.1 billion in the first ten months of 2025, a year-on-year increase of 15.1%.
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