Vietnam and Switzerland trade relations develop well
6:00 PM, 07/04/2009
By the end of 2008, Switzerland ranked 19th among countries and territories investing in Vietnam with 61 projects, estimated at US$1.38 billion in total investment capital and US$1.01 billion in charter capital.
Among these projects are 29 in industry and construction capitalised at US$538.02 million, accounting for 74 percent of the total registered capital. Another five are in agriculture, with US$106.8 million and 18 are in services with US$78 million.
Swiss investors are doing business in 12 Vietnamese provinces and cities. Although Kien Giang did not attract most Swiss projects it led in total investment capital with one project worth US$441 million.
Even on the midst of the global financial crisis, Vietnam’s exports to Switzerland still net a high growth rate. Most key export items, such as footwear, garments, seafood, processed food and electronic components have tended to increase or hold steady relative to last year’s rate./.
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