Vietnam is an attractive and reliable investment destination for German businesses, Foreign Minister Pham Binh Minh has said.

The minister made the statement at the Vietnam-Germany Trade-Investment Forum opened in Frankfurt/Main, Germany’s State of Hessen, on Sept. 19.

The one-day forum, jointly held by the Vietnamese Foreign Ministry and the Hessen State’s authorities, the Frankfurt Chamber of Commerce and Industry, the East Asia Association, Deutch Bank and the World University Service, focused on the potentials and chances for the development of infrastructure, finance and industry in Vietnam.

Minister Minh also called on the two countries to further strengthen cooperation, pledging that the Vietnamese Government will improve investment environment to create favourable conditions for foreign investors, including German ones, to do long-term, effective and sustainable business in Vietnam.

He stressed that the establishment of the Vietnam-Germany strategic partnership is creating a new impulse for the two countries’ economic cooperation.

Other delegates expressed hopes that the forum will have a positive impact on cooperation fields in the future, thus helping bring the Vietnam – Germany ties to a new height.

At his talks with Minister Minh, Hessen State Governor Bouffier pledged to encourage local businesses to invest in Vietnam. He said he hopes the Vietnamese businesses will choose Frankfurt as a destination for investment.

Regarding recent complications in the East Sea between China and neighboring countries, he urged all concerned parties to solve the issues peacefully and create favourable conditions for long-term and effective investment.

Minister Minh affirmed Vietnam’s policy of solving disputes by peaceful measures, on the basis of respecting international law.

(VNA/VOV online)