Baden-Württemberg Delegation trip Vietnam
Hanoi, Hai Phong, Ho Chi Minh City
- Event Start
- 02/07/2019 | 09:00
- Event End
- 05/07/2019 | 17:00
Online Registration please click here >>>
Vietnam enters the automobile production with high speed - initiation of business for suppliers of Baden-Württemberg from 2-5 July in 2019.
Since September 2017, the Vietnamese automobile manufacturers Vinfast is working with high speed and ambitious goals to establish the 335 ha production facility in Dinh Vu-Cat Hai Economic Zone in northern Vietnam. As of 2019, the company intends to produce approximately 100,000 to 200,000 cars based on European standards yearly, and also will even increase the production to 500,000 in 2025 (Marketing Slogan: "Vietnamese identity - Italian design - German technology - international standard".).
A large amount of the automotive technology will come from Germany and includes German companies as BMW, Bosch, Siemens, ZF Friedrichshafen and many more suppliers that concluded a cooperation and supplier agreement with Vinfast since 2017.
The time is now!
In the past years, the free trade agreement between the EU and Vietnam was negotiated and signed, while the ratification was announced for January 2019. In the mean time, 11 States from the Pacific-Area signed the CPTPP free trade agreement with Vietnam. Although the German automotive industry is facing strategic challenges, as not being pushed away by East-Asia competition in ASEAN, for years, this journey is now a good opportunity to position the business early, to exploit the advantageous start condition and to take root in Vietnam!
First cooperation opportunities for Baden-Württemberg companies
The business trip, supported by the Ministry of Economic Baden-Württemberg, is part of the foreign support program funded by the Ministry of Economic, Labour, Housing Baden-Württemberg. In the context of the voyage, you are given the opportunity to become more familiar with the project on-site, as well as to be informed about the cooperation opportunities while talking to the Vinfast managers and other potential partners.
INFORMATION EVENT on April 29, 2019 in Baden-Württemberg - register now
On April 29, 2019, a free workshop will be held in Stuttgart, in order to provide information concerning the business trip in July. Contact person (Baden-Württemberg international): Ms. Christina Ruffert, Division Manager ASEAN, E-Mail: email@example.com.