Swiss business contingent to tour Vietnam
(VOV) - The Consulate General of Switzerland in Ho Chi Minh City on October 22 unveiled plans for a contingent of some 20 Swiss companies to visit Vietnam this October 26-30 on a goodwill business tour.
A Consulate General spokesperson said the visit is an outgrowth of the Swiss business community’s continued interest in trade and investment opportunities and its desire to expand its operations in the ICT industry, in particular, in Vietnam.
It’s just the beginning of what should be a fruitful relationship for both countries and a preamble to the increased trade and investment that will flow from the Vietnam, EU Free Trade Agreement (FTA) in the offing.
“Switzerland now ranks fourth among European nations investing in Vietnam with more than 100 Swiss companies operating in the country, generating more than 15,000 jobs,” the spokesperson said.
Switzerland’s total commercial trade with Vietnam surged 35% to US$1.5 billion last year he said, with Switzerland exports to Vietnam tallying in at US$460 million while imports registered US$1.04 billion.