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Official Gazette

Wednesday, June 3, 2020

NA Chairwoman wishes more Swiss investment in key industries

Updated: 11:15’ - 30/03/2017
National Assembly Chairwoman Nguyen Thi Kim Ngan on March 29 said that she hopes Switzerland will continue encouraging its businesses to invest in several key industries and sectors in Vietnam.

Receiving visiting President of the Council of States of Switzerland, Ivo Bischofberger, Ngan said Vietnam awaited further Swiss investment in finance, banking, insurance, hi-tech industries, manufacturing, pharmaceutical industry, agricultural production, tourism and hospitality.

National Assembly Chairwoman Nguyen Thi Kim Ngan receives President of the Council of States of Switzerland Ivo Bischofberger in Hanoi on March 29__ Photo: VNA/VNS

Ngan affirmed that Vietnam supports all foreign-invested businesses in the country, including Swiss investors and businesspeople.

She hailed the development of bilateral ties in politics and diplomacy as well as trade and investment cooperation, and proposed that exchange visits by delegations of both countries be stepped up and coordination at multilateral forums strengthened.

Switzerland is one of Vietnam’s crucial European economic partners, she said.

The NA Chairwoman thanked the Swiss Government for providing USD90 million in official development assistance (ODA) for the 2017-20 period. The two sides should cooperate closely to use the ODA effectively, he said.

Ivo Bischofberger confirmed that his visit aimed to strengthen legislative links between the two countries and promoting multifaceted relations.

Switzerland is a constant advocate of the Free Trade Agreement between Vietnam and the European Free Trade Association (EFTA), which will provide a legal framework and generate investment and trade opportunities for business communities from all sides, he said.

The two sides shared experiences in establishing laws to protect the environment, establishing a high quality education and training system, and providing more scholarships for Vietnamese students to study law, banking, tourism and advanced technologies in Switzerland, as also organizing vocational training for Vietnamese students.

Ngan requested Switzerland to assist overseas Vietnamese stabilize their lives in the country.

The two sides agreed that parliamentary cooperation was an effective aspect of bilateral relations. They also agreed to step up delegation exchanges in the future.-(VNS/VLLF)

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