Germany President to visit Vietnam next week, meet with top 3 leaders
German President Frank-Walter Steinmeier and his wife will pay a state visit to Vietnam on January 23-24 at the invitation of his Vietnamese counterpart Vo Van Thuong.
With his trip, the president is underlining Germany's goal of expanding and diversifying political and economic relations with Vietnam, the German embassy said in a release, adding a business delegation will accompany the president.
German President Frank-Walter Steinmeier. Photo courtesy of DPA.
During his stay in Hanoi, Steinmeier will hold talks with President Vo Van Thuong and pay courtesy visits to Prime Minister Pham Minh Chinnh and Chairman of the National Assembly Vuong Dinh Hue, the German embassy said in a release.
He is not scheduled to meet Party General Secretary Nguyen Phu Trong, who was not included in official schedules of meetings held with Vietnam's leaders by visiting Indonesian President Joko Widodo and Laos' Prime Minister Sonexay Siphandone earlier this month.
According to the embassy’s announcement, President Steinmeier will also visit the Temple of Literature and meet with trainees, teachers and skilled worker recruiters to learn more about the exchange of skilled workers between Vietnam and Germany.
On the second day of his Vietnam visit, the president will fly to Ho Chi Minh City to attend talks between the German business delegation and local business representatives. Topics will include the prospects for economic and trade relations between the two countries.
President Steinmeier will later visit Vietnamese German University in the neighboring province of Binh Duong, where he will give a speech to students and teaching staff.
This is the third Vietnam visit by Steinmeier, after the first in March 2008 as Federal Foreign Minister, and the second in October 2016 as Vice Chancellor and Federal Foreign Minister.
Vietnam and Germany established diplomatic relations on September 23, 1975, and elevated their relationship to a strategic partnership during the visit to Vietnam in October 2011 by the then-Chancellor Angela Merkel.
Bilateral trade has moved in a range of $10-12 billion since 2018, with $11.1 billion in 2023, according to Vietnam’s customs data.
More than 350 German companies are operating in Vietnam, including Siemens, B.Braun, Messer, Bosch, Mercedes-Benz, Bilfinger, Deutsche Bank, and Allianz.
German firms committed to investing $366 million in Vietnam in 2023, more than tripling a year earlier, raising Germany’s cumulative direct investment in the country to $2.68 billion as of end-2023, ranking 17th among the 144 countries and territories that invest in Vietnam.
Germany has provided more than $2 billion in official development assistance (ODA) to Vietnam since 1990.
There are nearly 200,000 Vietnamese nationals living in Germany.
- Read More
What should investors reasonably expect from IPO stocks?
Experience from both Vietnam and global markets shows that initial public offering (IPO) stocks rarely deliver immediate gains. However, investors who select companies with solid fundamentals and maintain a long-term holding strategy can be rewarded for their patience.
Finance - Wed, December 24, 2025 | 10:45 am GMT+7
Vingroup completes $325 mln overseas bond issuance
Vingroup, Vietnam's biggest listed company by market capitalization, has completed its international issuance of bonds totaling $325 million, with a 5-year maturity, and listed on Austria's Vienna Stock Exchange.
Finance - Wed, December 24, 2025 | 10:17 am GMT+7
Vietnam's public investment-linked stocks seen benefiting in 2026
Capital flows in 2026 are expected to favor sectors that stand to benefit from Vietnam’s public investment drive, including infrastructure, energy, and construction, market experts said.
Finance - Wed, December 24, 2025 | 9:33 am GMT+7
High gold prices to drive prices of property, goods in Vietnam: Sunhouse chairman
In a scenario where gold prices remain elevated in Vietnam, the real estate market is likely to follow suit, pushing income levels higher and driving up prices across other goods, said Nguyen Xuan Phu, chairman of Sunhouse, a leading home appliance manufacturer, while outlining his 2026-2030 forecast.
Economy - Wed, December 24, 2025 | 8:00 am GMT+7
Malaysia’s economy grows robustly in 2025: IMF
Malaysia has shown notable resilience amid global trade tensions and policy uncertainty, with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global upcycle in the technology sector, according to Masahiro Nozaki, Mission Chief for Malaysia at the International Monetary Fund (IMF).
Southeast Asia - Tue, December 23, 2025 | 10:07 pm GMT+7
Indonesia to stop rice imports next year
Indonesia will not import rice for either consumption or industrial use next year, citing sufficient domestic production, according to a government official.
Southeast Asia - Tue, December 23, 2025 | 10:04 pm GMT+7
Indonesia faces challenge of balancing wages, labor costs
Indonesia plans to raise minimum wages by about 5-7% in 2026 under a new formula signed into law by President Prabowo Subianto, a move that could test the country’s cost competitiveness in Southeast Asia.
Southeast Asia - Tue, December 23, 2025 | 10:00 pm GMT+7
Philippines extends sugar import ban
The Philippine Government has decided to extend its ban on sugar imports until the end of December 2026, as domestic supply has improved.
Southeast Asia - Tue, December 23, 2025 | 9:56 pm GMT+7
Duc Giang Chemical stock comes under heavy selling pressure as bottom-fishing shares return
DGC shares of Duc Giang Chemical Group JSC (DGC) closed Tuesday at VND71,600 apiece, down 4% from Monday which saw a 6.27% increase after four sessions of sharp declines last week.
Companies - Tue, December 23, 2025 | 9:49 pm GMT+7
Hanoi clears zoning for major mall project after Aeon exit, Thaco arm steps in
Hanoi authorities have approved a detailed zoning plan for an 8.03-hectare mixed-use site in Hoang Mai district, paving the way for a shopping mall-led development after Japan’s Aeon withdrew and a unit of Vietnam’s Thaco Group moved in.
Real Estate - Tue, December 23, 2025 | 5:05 pm GMT+7
Viettel Commerce partners with China’s Dreame Technology to expand home appliance ecosystem in Vietnam
Viettel Commerce and Import-Export Co. Ltd., one of the core pillars in trade and logistics of the military-run telecom giant Viettel, has signed a strategic cooperation agreement with China-based Dreame Technology, a global high-end technology brand, in Hanoi.
Companies - Tue, December 23, 2025 | 3:38 pm GMT+7
Former LPBank chairman becomes acting Sacombank CEO
Former chairman of Vietnamese private lender LPBank Nguyen Duc Thuy on Tuesday assumed the role of acting CEO at Sacombank, immediately after completing the handover at LPBank.
Banking - Tue, December 23, 2025 | 3:30 pm GMT+7
Workforce shortages accelerate global demand for integrated facility management
Labor shortages and rising expectations for operational performance are prompting many businesses to reassess traditional management models, write Savills Vietnam analysts.
Consulting - Tue, December 23, 2025 | 3:00 pm GMT+7
Property broker Cen Land shares stabilize after ‘Shark Hung’ responds to online rumors
Shares of Cen Land (HoSE: CRE), a major Vietnamese real estate brokerage, stabilized on Tuesday morning after vice chairman Pham Thanh Hung, widely known as “Shark Hung”, spoke out to deny online rumors following a sharp sell-off in the stock on Monday.
Companies - Tue, December 23, 2025 | 11:59 am GMT+7
Party Central Committee’s 15th plenum wraps up
The 15th plenum of the 13th Party Central Committee concluded on Tuesday morning after two days of intensive working, completing all agenda items with a high degree of consensus and quality.
Politics - Tue, December 23, 2025 | 11:50 am GMT+7
Steel giant Hoa Sen sets up subsidiary in northern Vietnam
Hoa Sen Group (HoSE: HSG), one of Vietnam’s largest steel producers, has disclosed a board resolution approving the establishment of Hoa Sen Hai Phong One Member Limited Liabilities Company (HSHP), a wholly-owned subsidiary with charter capital of VND300 billion ($11.39 million).
Companies - Tue, December 23, 2025 | 11:31 am GMT+7






















