Swiss President Concludes Official Visit to Vietnam, Aims to Boost Trade and Cooperation
Swiss President Guy Parmelin concluded an official visit to Vietnam on October 18, 2026, focusing on strengthening bilateral ties and trade agreements.
KEY POINTS
- Swiss President Guy Parmelin visited Vietnam from October 17-18, 2026.
- Vietnam aims to double bilateral trade turnover with Switzerland.
- Both countries seek to implement the VEFTA trade agreement quickly.
- The visit marked the 55th anniversary of diplomatic relations.
Swiss President Guy Parmelin concluded an official visit to Vietnam on October 18, 2026, after arriving on October 17. The visit was part of an invitation from Vietnamese General Secretary and President To Lam.
During talks in Hanoi, Vietnamese Prime Minister Le Minh Hung called on Switzerland to share expertise in developing an international financial center. He also set a goal of doubling bilateral trade turnover between the two countries.
“Vietnam regards Switzerland as a reliable friend and an important partner in Europe.”
The leaders discussed the Vietnam-European Free Trade Association Free Trade Agreement (VEFTA). Both sides agreed to coordinate efforts to bring the agreement into force as soon as possible to boost trade and investment.
Swiss businesses were encouraged to expand their presence in Vietnam, particularly in banking, finance, manufacturing, biotechnology, pharmaceuticals, and innovation. The visit coincided with the 55th anniversary of diplomatic relations between the two nations.
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