Related Keywords: create of formal platform, depend upon German textile machinery, foreign investment opportunities, German Engineering Federation Textile Machinery Association, German machinery industry, Germany and Vietnam, JCC, push to establish Joint Chamber of Commerce, stimulate trade relation, Vietnam textile industry
Germany and Vietnam pushing to establish a Joint Chamber of Commerce (JCC) has affirmed both nations’ desire to further trade relations and foreign investment opportunities. According to Vietnam Chamber of Commerce Industry President Dr Vu Tien Loc, both Germany and Vietnam are hopeful that a German Vietnam JCC will create a formal platform to cultivate diplomatic communication, stimulate trade missions, and create an environment for increased long term investment of German industries in Vietnam.