Webinar on Vietnamese market held in Switzerland

Update: 13:30 | 03/03/2021
The Vietnamese Embassy in Switzerland, in collaboration with the Geneva Chamber of Commerce, Industry and Services and the Switzerland-Viet Nam Business Group (SVBG), organized the Webinar Market Focus Viet Nam on March 2.
Đại sứ Lê Linh Lan phát biểu tại lễ ra mắt Hội nhịp cầu kinh doanh Việt Nam-Thụy Sỹ (SVBG)
Vietnamese Ambassador to Switzerland Le Linh Lan.

This was also a chance for the newly-established SVBG to introduce itself to Swiss partners.

The webinar aimed at boosting trade and investment cooperation between Swiss and Vietnamese businesses.

Speaking at the event, Ambassador Le Linh Lan stressed that Viet Nam and Switzerland have maintained good friendship and cooperation for half a century.

This year, the two are celebrating the 50th anniversary of their diplomatic ties.

Switzerland is the 6th largest European investor in Viet Nam, with its investment totaling 2 billion USD, mostly in manufacturing – processing and electricity. Currently, around 100 Swiss firms are operating in Viet Nam.

Meanwhile, Viet Nam is the four biggest trade partner of Switzerland in ASEAN, with bilateral trade exceeding 3.6 billion USD in 2019. Since 2012, Viet Nam and the European Free Trade Association (EFTA) – the intergovernmental organisation of Iceland, Liechtenstein, Norway and Switzerland – began negotiations for an FTA, which is expected to be signed this year.

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(Source: VNA)