Germany and Vietnam strengthen bond

19/09/2014
A delegation of German businessmen has travelled to Vietnam to cement relations, after increasing trade nearly eightfold over the past three years to total $7.7 billion last year.

Vietnam’s footwear industry is one of the biggest exporting sectors while chemicals are one of its biggest imports from the European country – its biggest trade partner on the continent.

In the first seven months of this year, Vietnam’s exports to Germany rose by nearly 5% to more than $2.8 billion.