Econ
Vietnam to make favourable conditions for Swedish businesses
On February 24, in Hanoi, Deputy Prime Minister and Foreign Minister Pham Binh Minh made the statement at a reception for visiting Elisabeth Nilsson, Governor of Sweden’s Ostergotland region.
Deputy Prime Minister and Foreign Minister Pham Binh Minh and Elisabeth Nilsson, Governor of Sweden’s Ostergotland region
|
The Deputy PM expressed his delight at the development of the traditional friendship and cooperation between the two nations.
Sweden is Vietnam’s important partner in Europe, with two-way trade reaching 1.2 billion USD in 2016, Minh said, adding that numerous leading Swedish firms are operating effectively in Vietnam, such as ABB Electrolux and TetraPak.
Minh also expressed his pleasure with the cooperation between the two nations’ localities, especially between Thai Nguyen and Ostergotland, saying it will contribute to promoting bilateral relations and people-to-people exchange.
For her part, Elisabeth Nilsson said she believes that the two localiites’ collaboration will develop stronger in the future. She also thanked Vietnam’s support and incentives given to businesses from Ostergotland region and Sweden in general.
The Deputy Minister hailed suggestions at the event as lessons for Vietnam to refine its economic development model. Swedish Minister of EU Affairs and Trade Ann Linde, for her part, said Sweden pledges to use eco-friendly vehicles, ease reliance on oil by 2030 and use no more fossil fuels from 2040.
Vietnam and Sweden have a lot of cooperation opportunities for sustainable development, toward an emission-free society, she said. The event was co-hosted by the Ministry of Industry and Trade, the Swedish Trade and Investment Organisation and the Swedish embassy in Hanoi.
