Vietnam and Switzerland are enhancing their longstanding friendship and expanding cooperation in various sectors, including trade, investment, innovation, and technology. This was underscored during an event in Bern celebrating Vietnam’s National Day and the 55th anniversary of diplomatic relations between the two nations.
Vietnamese National Assembly Vice President Nguyễn Thị Thanh emphasized the importance Vietnam places on its relationship with Switzerland, acknowledging the latter’s support during critical periods in Vietnam’s history. Thanh highlighted the development of bilateral ties across politics, trade, investment, education, and science and technology, aiming to deepen cooperation by building on political trust and traditional friendship.
Economic ties are a crucial component of Vietnam-Switzerland relations, with bilateral trade exceeding US$2 billion annually. More than 100 Swiss companies have established operations in Vietnam, spanning sectors such as 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 noted Switzerland’s support for Vietnam’s economic transformation and sustainable development efforts.
Vietnamese Ambassador to Switzerland Châu Mai Anh pointed to the planned establishment of a Comprehensive Partnership in 2025 and the conclusion of negotiations between Vietnam and the European Free Trade Association on a free trade agreement as significant milestones in bilateral relations.
Both nations recognize further potential for collaboration in innovation, digital transformation, sustainable development, finance, and human resource development. These areas align well with Switzerland’s expertise and Vietnam’s growing development needs, paving the way for deeper bilateral engagement.