Vietnam and Switzerland are set to strengthen their diplomatic ties and expand cooperation across various sectors, as highlighted during an event in Bern marking 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 importance Vietnam places on its relationship with Switzerland, noting the historical support provided by Switzerland during key periods in Vietnam’s development.
Thanh underscored the mutual benefits of deepening cooperation in politics, trade, investment, education, science, technology, and innovation. She pointed to opportunities in areas where Switzerland’s expertise aligns with Vietnam’s developmental needs, aiming to build on political trust and traditional friendship to further economic ties.
The economic relationship between Vietnam and Switzerland is already robust, with bilateral trade exceeding $2 billion annually. More than 100 Swiss companies have a presence in Vietnam, investing in industries such as pharmaceuticals, food processing, precision machinery, and watchmaking. Swiss Senator Mauro Poggia highlighted the significant expansion of cooperation since Vietnam’s economic renewal, acknowledging Switzerland’s support for Vietnam’s sustainable development and economic transformation.
Ambassador Châu Mai Anh of Vietnam to Switzerland pointed to future milestones in bilateral relations, such as the establishment of a Comprehensive Partnership in 2025 and the conclusion of negotiations on a free trade agreement with the European Free Trade Association. These developments are seen as pivotal for enhancing bilateral ties.
Both countries are keen to explore further cooperation in fields such as innovation, digital transformation, sustainable development, finance, and human resource development, recognizing these as areas of shared interest and potential growth.