Vietnam and Switzerland are working towards enhancing their longstanding friendship and expanding cooperation in several key areas, including trade, investment, and innovation. This was highlighted during an event held in Bern to commemorate Vietnam’s National Day and the 55th anniversary of diplomatic relations between the two countries.
Vietnamese National Assembly Vice President Nguyễn Thị Thanh emphasized the significance of Vietnam’s relationship with Switzerland, citing the latter’s support during critical periods of Vietnam’s history. Thanh pointed out that the ties between the two nations have grown across various sectors such as politics, trade, education, and technology. She stressed Vietnam’s intention to deepen cooperation by leveraging political trust and traditional friendship while further expanding economic ties and collaboration in science and technology.
Economic cooperation is a cornerstone of the bilateral relationship, with trade volumes surpassing $2 billion annually. Over 100 Swiss companies have established and expanded their operations in Vietnam, investing in sectors like pharmaceuticals, food processing, precision machinery, and watchmaking.
Swiss Senator Mauro Poggia remarked on the significant expansion of cooperation following Vietnam’s economic renewal process. He acknowledged Switzerland’s ongoing support for Vietnam’s economic transformation and sustainable development.
The Vietnamese Ambassador to Switzerland, Châu Mai Anh, highlighted the planned establishment of a Comprehensive Partnership in 2025 and the conclusion of free trade agreement negotiations between Vietnam and the European Free Trade Association as pivotal achievements in bilateral ties.
Both countries see substantial potential for future cooperation, particularly in innovation, digital transformation, sustainable development, finance, and human resource development. These areas align with Switzerland’s expertise and Vietnam’s evolving development needs.