Business

Trade with Switzerland grows 11 percent

Two-way trade between Vietnam and Switzerland rose 11 percent year on year, reaching 167 million USD during the first two months of this year, said Luong Manh Hung, Trade Counsellor at the Vietnamese Embassy in Switzerland.
Two-way trade between Vietnam and Switzerland rose 11 percent yearon year, reaching 167 million USD during the first two months of thisyear, said Luong Manh Hung, Trade Counsellor at the Vietnamese Embassyin Switzerland.

During the period, Vietnam exported122 million USD worth of goods to Switzerland, 14 percent more thanlast year, while its imports hit 45 million USD, an increase of 45percent.

Export turnover for machines and electricalequipment also boomed. This revealed a major structural shift inVietnam’s exports, Hung said, since the Asian country previouslyexported mostly gold to Switzerland.
 
Vietnameseenterprises needed to improve their understanding of Swiss qualitystandards and sharpen their products’ competitiveness in order to boostexports, he said, explaining that the European country with a smallpopulation of eight million enforces strict quality requirements.

Organising trips for Swiss enterprises to come to Vietnam to seekbusiness opportunities is a major priority for the trade office,according to Hung.

The office plans to join hands with theAsian-Swiss Chamber of Commerce to bring 15-20 small and medium sizedSwiss enterprises to Vietnam to explore the market this year.-VNA
Follow VietnamPlus

See more

Minister of Industry and Trade Le Manh Hung, President and Chief Executive Officer of Murphy Oil Eric M. Hambly, and delegates at their meeting on June 8 in Hanoi. (Photo: moit.gov.vn)

Murphy Oil urged to expand investment in Vietnam

Murphy Oil has operated in Vietnam since 2012 and currently participates in and operates many important oil and gas contracts at projects such as Lac Da Vang and Hai Su Vang, which are expected to contribute additional oil and gas supplies, strengthen energy security and support Vietnam’s economic development.

Deputy Prime Minister Nguyen Van Thang (R) receives Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), in Hanoi on June 8. (Photo: VNA)

Deputy PM receives IMF Asia-Pacific Director

Director of the Asia and Pacific Department at the International Monetary Fund (IMF) Krisha Srinivasan affirmed that the IMF will continue to accompany and support Vietnam in the development of its financial sector, thereby helping to strengthen resilience and promote sustainable growth in the years ahead.

An article on Vietnam's e-commerce boom on Le Monde (Photo: VNA)

Digital economy fuels new growth momentum in Vietnam: French daily

French daily Le Monde recently reported that Vietnam’s e-commerce revenue approached 26 billion EUR (29.6 billion USD) in 2025, jumping 25% from a year earlier on the heels of a 20% gain in 2024. The sector now commands roughly 11% of total retail sales, cementing Vietnam’s status as one of Southeast Asia’s most dynamic markets.

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats from now until August 16 to meet peak summer travel demand. (Photo: VNA)

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats

Vietnam Airlines Group, comprising Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company (VASCO), will provide nearly 5.5 million seats on domestic routes from now until August 16 to meet peak summer travel demand, including around 2.2 million seats offered at promotional fares on various routes.

A pepper farm in Gia Lai province (Photo: VNA)

Vietnam’s pepper exports jump 21.7% in volume in five months

May shipments, however, totaled 25,180 tonnes worth 166.2 million USD, down 18.9% by volume and 13.9% by value from April, and 4.8% lower in volume from a year earlier. Major exporters reported declining shipments, underscoring a sector-wide pullback.

Representatives of Vietrade and TFO Canada discuss a new cooperation project for 2026–2030. (Photo: VNA)

Vietnam, TFO Canada move towards strategic trade partnership

Director General of Vietrade Vu Ba Phu said the success of cooperation during 2021–2024 had laid a solid foundation for elevating bilateral ties in the new phase, with Vietrade now serving as TFO Canada’s strategic partner in Vietnam.

Aircraft at Noi Bai International Airport. (Photo: VNA)

Hanoi bets on aviation network to power economy

The capital’s newly approved master plan places aviation infrastructure at the centre of long-term economic development, with a second international airport and low-altitude transport network expected to reshape urban growth, logistics and high-tech industries.