President: Vietnam offers all possible support for Swiss firms

President Nguyen Xuan Phuc (R) and Chairman of DKSH Group  Marco Gadola (Photo: VNA)

Geneva (VNA) – President Nguyen Xuan Phuc has stated that Vietnam will offer all possible support for Swiss firms to cooperate with Vietnamese partners.

He made the statement while receiving executives of several leading Swiss enterprises in the fields of infrastructure, heavy industry, high technology, electricity and pharmaceuticals in Bern, Switzerland on November 26-27 (local time).

During reception, Phuc said at the 26th United Nations Climate Change Conference (COP26), Vietnam committed to reducing greenhouse gas emission to zero by 2050. The country advocated developing clean and renewable energy such as solar and wind power, especially offshore wind power.

Vietnam wants Swiss hi-tech firms to grasp opportunities in these fields, he said, adding that as the country wants to develop infrastructure to connect with economic regions, he also expected more Swiss investment in this field.

Suggesting the Swiss Government offer financial assistance to encourage firms to seek long-term opportunities in Vietnam, he wished that Swiss firms would raise their voice on this issue and push forward negotiations toward the early signing of the Free Trade Agreement between Vietnam and the European Free Trade Association (EFTA), thus opening up opportunities for trade and investment activities.

The Vietnamese leader also hailed Swiss companies for assisting Vietnam in the transfer of vaccine and medicine production technology, saying that it benefits both sides as well as helps save cost and time.

Executives wished to partner with Vietnamese firms in the production of vaccines and medicines and other fields in Vietnam.

They also expressed support for the signing of the FTA between Vietnam and the EFTA./.