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Coffee Time with AHK Vietnam
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Wake your business Up!Vietnam is more than a major world exporter of coffee. Let explore the business potential in Vietnam with us and be up-to-date with the current business news, market development, investment opportunities and so much more. Welcome to our multilingual podcast! (for our German and English speaking audiences)#PartnerInVietnam#PartnerForGrowth
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In this episode of “Coffee Time with AHK Vietnam”, we delve into Vietnam's dynamic investment landscape, offering a comprehensive overview of the working environment across the country’s major hubs. The discussion provides practical advice and essential tips for German companies aiming to establish a presence in Vietnam. Key considerations and strategic steps are highlighted to ensure a successful market entry and integration.We are pleased to feature Elmar Dutt, CEO of Deutsches Haus Ho Chi ...
The toy industry is booming, driven by e-commerce and high demand from both children and adults, especially in Southeast Asia. Especially, sustainable toys are rising stars as the EU’s requirements and commitment to safe materials. Germany, with its rich history in toy manufacturing, plays a pivotal role in this market. And Nuremberg, renowned for its wooden toys, hosts Spielwarenmesse, the world's largest toy fair. This event is crucial for industry decision-makers, showcasing diverse brands...
Over 140 countries have joined hands to implement a groundbreaking global tax agreement, designed to ensure that multinational corporations contribute their fair share through a minimum tax rate. Spearheaded by the OECD, this agreement imposes a minimum effective tax rate of 15% on corporate profits, aiming to put an end to the practice of sheltering massive profits in tax havens. Additionally, it aims to eliminate the allure of countries serving as tax havens for corporate giants.While neigh...
In the last episode, we listened to the stories and experiences of Zott and Schogetten in Vietnam. In part two of the show, we will dive deeper into the intricacies of marketing strategies employed by the two German brands, and we explore insights from a marketing expert, like RedFern Digital. We also uncover the innovative solutions and strategies implemented by Zott and Schogetten to tackle the unique challenges of the Vietnamese market, shedding light on their approaches to capturing ...
In recent years, Vietnam's food market has boomed, attracting international brands seeking to satisfy the country's diverse culinary preferences. German food companies are among those seizing this opportunity, introducing a range of products from sausages to chocolates. Yet, success demands more than quality; effective branding is essential. Join us as we explore the landscape of German food brands in Vietnam, discussing their triumphs and hurdles. Plus, we'll share insights to help these exp...
As the Gateway to the Mekong Delta, Long An’s economy was focused on agriculture for the longest time. In recent years, however, the province has emerged as an industrial hub. Long An, strategically located at the crossroads of Tien Giang, Dong Thap, Tay Ninh, and HCMC to the north, with Cambodia to the east, boasts a network of rivers and canals spanning 8,912 km. Anchored by the Vam Co Dong and Vam Co Tay rivers, alongside the pivotal Soai Rap, Long An serves as a vital gateway for manufact...
Digitalization is becoming increasingly important in businesses to enhance flexibility and efficiency across the entire value chain. The pace of digital adoption, transformation, and delivery in recent years has accelerated exponentially. More and more businesses are applying digital practices and technology in their operations. On April 17, 2023, the Vietnamese government issued the first-ever Personal Data Protection Decree (PDPD). This document consolidates and harmonizes Vietnam's va...
Welcome to our 2nd podcast on Laos, where we bring you insightful conversations with industry leaders and experts. In today's episode, we have the privilege of hosting representatives from the European Chamber of Commerce and German investors in Laos, who have been working in Laos for a long time joined us: · Tim Scheffmann – CEO & Founder LTS Ventures – Fintech Company, representative of German business · Lukasz Nitka – Partn...
Laos, the heart of Southeast Asia the country that developed drastically to become a land link from a landlocked, has been undergoing economic reforms and institutional development for the past three decades. The country is surrounded by Myanmar, Cambodia, China, Thailand, and Vietnam. The economic outlook for Laos is positive, with a projected growth rate of 3.9 percent in 2023 and an average of 4.3 percent in the medium term, driven by the recovery of the service sector and export activitie...
#36: Implementing the German Supply Chain Due Diligence Law: A Golden Opportunity to Establish Vietnam's Business Position in the Global Supply Chain#36: Thực hành Luật thẩm định chuỗi cung ứng: Cơ hội vàng để xác lập vị thế doanh nghiệp Việt trong chuỗi cung ứng toàn cầu[Tiếng Việt bên dưới] The new German Supply Chain Due Diligence Act came into effect on January 1st, 2023, establishing groundbreaking regulations for corporate responsibility in global supply chains. In this landm...
Vietnam's geographical location near the equator blesses it with both a tropical climate and a temperate climate zone. These climate conditions provide a year-round growing season for a wide variety of fruits and vegetables. 2023 can be considered a fruitful year for Vietnam's fruit and vegetable export market. Statistics from the Ministry of Agriculture and Rural Development showed that the export turnover was estimated at $3.45 billion in the first eight months of this year, an increa...
The logistical infrastructure and trade flow development in the CLMV Sub-region is a topic of great interest and importance for the economic integration and cooperation of Cambodia, Laos, Myanmar, and Vietnam. These four countries share common challenges and opportunities in terms of connectivity, competitiveness, and sustainability. The development of logistical infrastructure and trade flows can enhance the efficiency and resilience of their supply chains, reduce trade costs and barriers, a...
Cambodia has a young and dynamic population, a strategic location in the heart of ASEAN, a stable political environment, and preferential access to the EU market under the Everything But Arms scheme (EBA). The EBA grants duty-free and quota-free access for all exports from Cambodia, except arms and ammunition, to the EU, which is Cambodia's fifth-biggest trade. In 2022, total trade in goods between the EU and Cambodia equaled €6.3 billion.The diplomatic and economic relations between Cambodia...
Cambodia is one of the fastest-growing economies in Southeast Asia, with a GDP growth rate of 5.2% in 2022. The country has successfully transformed from a post-conflict nation to a dynamic market economy, attracting foreign direct investment (FDI) from various sources and sectors. According to a new report by the National Bank of Cambodia, FDI inflows in Cambodia between mid-1994 and end-2021 amounted to $41 billion, rising by 11.2% from the end of 2020. FDI has been a key driver of Cam...
In September 2020, Germany inked its latest foreign policy strategy for the Indo-Pacific region. The strategy document mentioned ASEAN 66 times and outlined a stepping up of engagement with the region – setting the course for a deeper relationship. Germany has been an active investor in Southeast Asia. In 2022, total two-way trade between ASEAN and Germany was US$85 billion, 35% more than in 2019, before the pandemic – placing it as the biggest contributor from the European Union bloc. G...
In episode #30 of AHK Vietnam Podcast, we invite you to join us in a talk show where the host and our guest speakers have discussed the drivers of Foreign Direct Investment (FDI) in Vietnam and the crucial role that German education and training systems play in the country's development. Nowadays, Vietnam constantly attracts significant amounts of FDI not only from small and medium-sized enterprises but also from large corporates, especially for German companies which are now diversifying the...
Sustainability has become a more and more common topic among the strategic development initiative of several businesses, in particular German manufacturers. Germany has a strong background being a leader in the transition toward a low-carbon-energy system since 2000 with German Energiewende, then German Renewable Energy Law and German Supply Chain Due Diligence Act this year. That’s why they have oriented their production and business activities towards green and sustainable development...
Vietnam has one of the newest and most dynamic start-up scenes in Asia, and it has emerged as a hub for start-ups. Although Vietnam’s per capita GDP remains relatively low compared to other countries in the region, its economy is expanding faster than any other market. The annual growth hits 8.0% in 2022 and is expected to hit 6.7% in 2023 according to the World Bank’s prognose. Driving the country’s economy are the large and young population, who are willing to evaluate and adopt new technol...
Over the years, Vietnam has emerged as a promising country for many international investors thank to its strong annual economic growth and key factors that contribute to this success – namely a stable political system, a young and dynamic workforce, a low wage economy and a growing middle class. While there are still concerns about the investment environment in Vietnam, the Vietnamese mergers and acquisitions (M&A) market has seen an increasing number of financial and strategic investment...
In this episode which is hosted by Trang Dao and Chi Pham from the AHK Vietnam, we will talk about German agricultural and food products in Vietnam, to understand more about the potential of the market, the chances and the challenges from the perspective of our experts, Mr Dang Phuc Nguyen, General Secretary of Vietnam Fruit and Vegetable Association (Vinafruit) and Mr Bjoern Koslowski, Deputy Chief of AHK Vietnam. . German agricultural and food exports have continued to develop po...
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