At meetings with leaders of the Ministry for the Environment, National Conservation, Building and Nuclear Safety ( BMUB) and the Ministry for Economic Co-operation and Development (BMZ) of Germany, Dũng suggested the two countries encourage German businesses and investors to make the best use of opportunities presented by the EU-Việt Nam Free Trade Agreement and other free trade agreements of which Việt Nam is a signatory.

 

The move aims to raise two-way trade between Việt Nam and its largest EU trading partner from US$8.91 billion in 2015 to $15-20 billion by 2020, and German investments in Việt Nam to $5 billion, he noted.

 

He called on German enterprises to invest in such areas as infrastructure, manufacturing, processing, green and renewable energy and environmental technology.

 

Dũng proposed that Germany assist his country in developing institutions and policies, and formulating technical standards for environmental protection and climate change response.

 

He also called for the European country’s support in finance and technological transfer, especially clean and environmentally friendly technologies, and human resource development.

 

Rita Schwarzeluhr Sutter, BMUB Parliamentary State Secretary, said Germany stands ready to help Việt Nam and share its experience in climate change response.

 

The two sides agreed to enhance their collaboration in waste treatment and the management of land and construction works.

 

At a meeting with Hans-Joachim Fuchtel, BMZ Parliamentary State Secretary, Deputy PM Dũng proposed Germany assist Việt Nam in developing highways, especially the North-South Highway, express railways, airports and seaports.

 

The two sides also discuss solutions to improve the efficiency of official development assistance (ODA).

 

While in Germany, Deputy PM Dũng met with representatives of Vietnamese businesses there. He had a working session with Siemens Group and visited several energy sector factories.