Swiss companies seek business opportunities in VN

Friday, Oct 23, 2015 17:41

Representatives of 20 small and medium-sized Swiss enterprises will visit Viet Nam from October 26 to 30, to explore opportunities with Viet Nam's ICT and software industries. — Photo baodautu.vn

HA NOI (Biz Hub) — Representatives of 20 small and medium-sized Swiss enterprises will visit Ha Noi and HCM City from October 26 to 30, to explore tie-ups with Viet Nam's ICT and software industries.

There will also be representatives from Germany, Ukraine and Estonia.

During their stay in Viet Nam, the delegation will visit Vietnamese and ICT companies with foreign investment, educational institutions and hi-tech parks.

The business mission has been organised by the Swiss Import Promotion Programme (SIPPO) and tcbe.ch - ICT Cluster Bern, Switzerland, in co-operation with the Swiss Embassy in Ha Noi, as well as the Swiss Consulate General and the Swiss Business Association in HCM City.

Switzerland is the fourth largest European investor in Viet Nam.

Swiss companies have invested about US$2 billion in more than 100 projects in Viet Nam.

According to the Swiss Customs Administration, the combined volume of the country's trade with Viet Nam reached $1.5 billion in 2014, an increase of 35 per cent compared with the previous year, with Switzerland exporting goods worth $460 million to Viet Nam.

Swiss exports to Viet Nam mainly comprise pharmaceutical products, machinery, optical instruments and medical technology, besides watches.

Meanwhile, Viet Nam's exports to Switzerland totalled $1.04 billion. — VNS

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