MoU between VYBE and BVMW

Opportunities and Prospects of the Partnership Between BVMW and VYBE

The partnership between BVMW and VYBE presents a unique opportunity to foster investment, trade, and economic growth between Germany and Vietnam. Both parties are committed to implementing practical actions that will create valuable opportunities for businesses and expand the economic ties between the two countries.

BVMW and VYBE will jointly carry out the following activities:

Training and Resource Sharing:
BVMW and VYBE will collaborate to organize workshops and seminars, bringing together experts to share insights on topics such as business development, fundraising, and technology integration. These sessions will empower businesses with the knowledge and tools needed to scale and innovate. Additionally, VYBE will act as a bridge, connecting Vietnamese startups with German businesses, fostering cross-border networking and international partnership opportunities.

Promoting Business Growth and Innovation:
Both organizations will co-host events that encourage business growth, such as annual trade fairs and investment forums. These events will allow companies from both countries to showcase their innovations and attract investors. Outstanding startups will be given opportunities for seed funding and networking with potential partners. Additionally, VYBE will establish mentorship programs to guide entrepreneurs through the complexities of international business expansion.

Global Market Expansion:
Through this partnership, BVMW and VYBE will create pathways for businesses to tap into new international markets. VYBE will introduce German companies to the Vietnamese market and vice versa through various networking events and trade missions. The two parties will also support companies with the tools and knowledge to engage in global trade and access international investors.

This partnership is not only focused on facilitating business exchanges but also on creating an environment for sustained economic development between the two countries. Both BVMW and VYBE recognize the tremendous potential of this partnership and are eager to drive new initiatives that will foster innovation, expand markets, and elevate the quality of business development for their members.

Under the witness of Mr. Nguyễn Hòa Bình, Member of the Politburo and Deputy Prime Minister of Vietnam, during his working visit to Frankfurt, Germany, VYBE and BVMW signed a Memorandum of Understanding, opening up opportunities for partnership and expanding markets between businesses of Vietnam and Germany.