Within the past years, the economy of Leipzig rapidly developed and transformed the city to one of the strongest cities in Germany. The metropolis in the Federal State Saxony is not only characterized by its 500,000 residents but also by its outstanding economic and employment growth, as well as excellent infrastructure. The current export quote exceeds 47% which ensures the competitiveness of Saxonian companies on a national and even international level. The key sectors are the automobile industry, logistics, health economy, biotechnology, energy and environmental technology, as well as media.
However, not only the economic situation makes Leipzig so attractive but also the cultural activities and educational opportunities emphasize the city. Leipzig is also one of the most popular student cities in Germany. Up to 30.000 new students register to the university and HTWK Leipzig yearly.
Vietnam and Leipzig have a long-term relationship, not only in the business but also in another areas like education, cultural and technology exchanges.
Successful cooperation between Ho Chi Minh City and Leipzig
In 2015, Ho Chi Minh City and Leipzig signed an MOU, in which the cooperation of both cities in the following fields are in focus, such as health economy, energy and environmental technology, sustainable urban development, science, as well as education and training. With this agreement both sides formed a base for the deep relationship.
Launching a representative office of Leipzig in the German Business Incubator Vietnam at Deutsches Haus in Ho Chi Minh City
Due to the increasing cooperation and numerous projects in the past with Ho Chi Minh City, Leipzig establishes a representative office to strengthen the relationship to Vietnam and to support companies in doing business here. On December 06, 2018, the office will be located in the GERMAN BUSINESS INCUBATOR VIETNAM at Deutsches Haus in Ho Chi Minh City.