Germany said the abduction of Trinh Xuan Thanh was illegal.
Mr Thanh, 51, is accused of causing about $150m in losses at state oil company PetroVietnam.
A Vietnamese foreign ministry spokeswoman said she felt "great pity" about the German government statement.
"Vietnam very much respects and wants to develop the strategic partnership relation between Vietnam and Germany," she added.
Germany has ordered a Vietnamese intelligence officer to leave Germany, and demanded that Mr Thanh should be allowed to return.
The foreign ministry in Berlin also said it was considering further action to an "unprecedented... breach of German and international law".
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