VN-Switzerland trade, investment has much potential for expansion

Two-way trade and investment between Viet Nam and Switzerland has increased gradually and has potential to expand much further, said Prime Minister Nguyen Tan Dung yesterday while receiving out-going Swiss ambassador Jean-Hubert Lebet.

Dung said the two countries should create more favourable conditions for businesses from Viet Nam and Switzerland to invest in and penetrate each other’s markets while boosting up joint projects.

He said he appreciated Lebet’s efforts in advancing diplomatic relations between Viet Nam and Switzerland during his term as the ambassador to Viet Nam.

Dung said he also hoped that Lebet would continue supporting relations with Viet Nam when he returns to Switzerland.

Lebet said collaboration between the two countries in education had brought many fruitful results. He said in October, Viet Nam and Switzerland would co-organise a major event on education where universities from the two countries would participate and exchange ideas.

Switzerland is currently Viet Nam’s second biggest business partner in the European Union, with two-way trade reaching US$2.6 billion in 2010. — VNS

Tags: Vietnam Switzerland cooperation

Posted by VBN on Jun 28 2011. Filed under Int'l Cooperation, Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry