Vietnam-Switzerland trade thrives
Two-way trade between Vietnam and Switzerland has continued to
prosper in recent years, reaching 1.03 billion USD in the first 11
months of 2013, a year-on-year rise of 10.2 percent.
Two-way trade between Vietnam and Switzerland has continued to
prosper in recent years, reaching 1.03 billion USD in the first 11
months of 2013, a year-on-year rise of 10.2 percent.
Of the figure, Vietnam exported 695.1 million USD worth of goods, resulting in a trade surplus of 351.2 million USD with Switzerland , up 25.25 percent against the 2013, according to the Swiss Customs Administration.
While Vietnam ’s gold exports sharply decreased, its shipment of machinery and electronic equipment went up. This is an encouraging sign for the country in changing the structure of its exports to the European country.
Vietnam sees great potential for developing its economic, trade and industrial ties with Switzerland , a strong economy that is less affected by the world economic crisis.
However, to boost exports to this market, local producers must meet strict requirements on food safety, eco-environment protection and use of labour on production lines.-VNA
Of the figure, Vietnam exported 695.1 million USD worth of goods, resulting in a trade surplus of 351.2 million USD with Switzerland , up 25.25 percent against the 2013, according to the Swiss Customs Administration.
While Vietnam ’s gold exports sharply decreased, its shipment of machinery and electronic equipment went up. This is an encouraging sign for the country in changing the structure of its exports to the European country.
Vietnam sees great potential for developing its economic, trade and industrial ties with Switzerland , a strong economy that is less affected by the world economic crisis.
However, to boost exports to this market, local producers must meet strict requirements on food safety, eco-environment protection and use of labour on production lines.-VNA
You should also see
Lang Son province seeks global status for local geopark
A dossier has been built by the People’s Committee of the northern mountainous province of Lang Son to seek the UNESCO recognition of Lang Son Geopark as a global one.
See more
Business
Forum discusses support for women-owned firms to join supply chains
A forum on supporting women-owned businesses to join supply chains through sustainable development tools took place in Hanoi on April 17.
Business
Satisfaction of administrative services improves
Vietnamese citizens had greater satisfaction with the administrative services provided by State agencies last year, according to the Satisfaction Index of Public Administration Services (SIPAS) 2023 announced by the Ministry of Home Affairs (MoHA) on April 17.
Business
Petrol prices increase slightly on April 17
The retail prices of petrol were adjusted up from 3pm on April 17 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Central Highlands provinces seek closer trade, investment ties with India
A business and investment conference was held in Dak Lak province’s Buon Ma Thuot city on April 17 with the aim of enhancing connectivity between Indian firms and Central Highlands provinces.
Business
Foreign purchasers show interest in five product groups of Vietnam
Foreign hypermarkets, retail distributors and international buying group registering to join the Vietnam International Sourcing 2024 have shown interest in five groups of Vietnamese products, namely foodstuff, textiles and fashion accessories; shoes, backpacks, bags and accessories; sporting goods and equipment; and household appliances and furniture.
