From November 4th to 8th 2019, the German Railway Industry Association (VDB) is accompanying a delegation of railway technology and infrastructure manufacturers on a business trip to Hanoi and Ho Chi Minh City. During the visit, the German companies will attain insight of the Vietnamese railway market and will be assisted in establishing new and foster already existing business relationships in Vietnam.
Hanoi, Vietnam – A delegation of thirteen German companies from the railway supply and service sectors kicks off its five-day business trip through Vietnam, today.
The visit comes at a time in which Vietnam is significantly ramping up its efforts to modernize and expand its railway infrastructure. Mass rapid transit systems are under construction in both Hanoi and Ho Chi Minh City, while a high-speed rail link connecting the country’s two metropolitan centers is in planning. The acquisition of new rolling stock has also been announced. The Government of Vietnam has appropriated public funds for the coming years and seeks to attract the necessary state-of-the-art technologies, know-how and investments from the international market.
The delegation’s travel agenda features a host of activities, including networking events, B2B meetings, factory tours and other technical visits, that will provide the German companies with plenty of opportunity to present their innovative technologies, services, solutions and products to a broader audience of relevant Vietnamese stakeholders.
The business trip is part of an initiative by the German Federal Ministry of Economics and Energy (BMWi) that aims to support in particular small-and-medium-sized companies in their market development and is conducted in official cooperation with the Delegate of the German Industry and Commerce in Vietnam (GIC/AHK Vietnam).
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