The world’s leading container shipping company MSC announced the expansion of its SWAN service starting in 2025, which will establish the first direct route between the Sweden’s Port of Gothenburg and Vietnam’s southeastern province of Ba Ria - Vung Tau.
The Vietnam-Sweden Business Forum 2024 was held in celebration of 55 years of bilateral diplomatic relations by the Vietnamese Embassy and the Vietnam Trade Office in Sweden, and FPT Corporation in Stockholm on September 6.
A delegation of the State Audit Office of Vietnam (SAV) led by Deputy Auditor General Bui Quoc Dung visited the Swedish National Audit Office (NAO) on January 29-30 after attending the 22nd meeting of the Working Group on Environmental Auditing (WGEA) of the International Organisation of Supreme Audit Institutions (INTOSAI) in Finland.
Trade between Vietnam and Sweden has been growing steadily for many years, with the North European country’s imports rising 9% annually during 2018 - 2022, a relatively impressive figure, an official has said.
Despite macroeconomic challenges, Vietnam has emerged as an innovation hub, attracting many foreign investors, especially those from Sweden, said Eliseo Barcas, CEO of Tetra Pak Vietnam.
Sweden is an important Northern European market of Vietnam, and there remains much potential for the two countries to continue expanding bilateral trade, Minister of Industry and Trade Nguyen Hong Dien told Swedish Ambassador to Vietnam Ann Måwe on May 9.
Vice Chairman of the Can Tho municipal People’s Committee Nguyen Thuc Hien held a working session with Swedish Ambassador to Vietnam Ann Måwe in the Mekong Delta city on April 24 to discuss enhancing bilateral cooperation in trade, investment and education-training.
The EU-Vietnam Free Trade Agreement (EVFTA) going into effect has given an extra push for Vietnamese goods into the Swedish market as import tariff cut heightens their competitiveness, Diep Van Ty, chairman of the Vietnamese trade association in Sweden, has said.
Vietnam and Sweden have nurtured long-standing energy cooperation and now the scope of cooperation has expanded from hydropower in the past to safe and sustainable energy development at present.
The EU-Vietnam Free Trade Agreement (EVFTA) has clearly helped promote trade between Vietnam and Sweden, with Vietnam’s export turnover to the country in January surging 99.94 percent year-on-year, according to the Vietnamese Trade Office in Sweden.
In the wake of Vietnam’s first ever National Energy Summit in July 2020, Swedish ambassador Ann Måwe reflects over Sweden’s journey, and areas where the two countries can cooperate in the development of renewable energy.
It is forecast that Vietnam will have great opportunities to export more types of products to Sweden when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.
Swedish food processing and packaging solution provider Tetra Pak inaugurated a plant at Vietnam – Singapore II Industrial Park in the southern province of Binh Duong on July 3 to manufacture sterilised paper boxes.
Prime Minister Nguyen Xuan Phuc on May 27 pledged further favourable conditions for Swedish enterprises, including pharmaceutical giant AstraZeneca, to land long-term investment in Vietnam for sustainable development.
Prime Minister Nguyen Xuan Phuc said on May 27 that Vietnam hopes that Swedish investors and businesses will cooperate with and invest in the Southeast Asian nation.
Several leading Swedish businesses expressed their intention to expand investment in Vietnam, during a meeting with visiting Prime Minister Nguyen Xuan Phuc in Stockholm on May 27.
Vietnam and Sweden should cooperate in the environmental protection and sustainable development in the context of the current Fourth Industrial Revolution, Minister of Industry and Trade Tran Tuan Anh has said.
Sweden will help Vietnam in areas of its strength like energy saving, focusing on renewable energy development, Swedish Minister for Foreign Trade Ann Linde has said.
Crown Princess of Sweden Victoria Ingrid Alice Désiree and Deputy Prime Minister and Foreign Minister Pham Binh Minh co-chaired the Vietnam – Sweden Business Summit: Partnering for Sustainable Growth in Hanoi on May 7.
The Vietnam Nutrition Food JSC (NutiFood) and Swedish Backahill Company have joined hands to boost export of Vietnamese dairy and organic nutrition products to European and Asian markets under a Memorandum of Understanding (MoU) inked between the two sides on September 11.
Leaders of the Mekong Delta city of Can Tho on June 1 discussed opportunities for cooperation in trade and investment with diplomats of four Nordic countries – Norway, Finland, Denmark and Sweden.
Economic and trade ties are a highlight of the growing Vietnam-Sweden relationship in multiple spheres, which is partly attributable to successes of Swedish businesses in Vietnam like Comvik, said Deputy Prime Minister Vuong Dinh Hue.
Vice Chairman of the Hanoi People’s Committee Ngo Van Quy received a visiting Swedish business delegation on April 23 to discuss cooperation potential across fields.
A delegation of big businesses from Sweden will visit Hanoi in May to seek to help promote sustainable public transport in the capital city, according to Swedish Ambassador to Vietnam Pereric Hogberg.