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Hanoi (VNA) - Vietnam will continue to create favourable conditions for Swedish businesses to invest effectively and
do business here stably and for the long-term, said Deputy Prime Minister and
Foreign Affairs Minister Pham Gia Khiem in a message to celebrate 40 years of
diplomatic relations between Vietnam and Sweden.
The message expressed the gratitude and best wishes of
the Vietnamese Government and people to the Swedish Government, royal family and
people.
Sweden was the first developed nation to recognise and establish
diplomatic relations with Vietnam and had strong solidarity movements to support
Vietnam in its resistance war, Khiem noted.
Over the past 40 years, the
tradition of friendship between the two countries has continued to develop in a
variety of fields, from politics, trade, investment, culture, and education to
science and technology, Khiem wrote, stating his belief that the friendship
would continue its stable development towards an equal, comprehensive
partnership.
Both countries have frequently exchanged visits at all
levels to consolidate bilateral ties, Khiem wrote, and projects built with
Swedish support – including the Swedish Children’s Hospital, Uong Bi General
Hospital and Bai Bang Paper Mill – were vivid symbols of the friendship.
Development assistance from Sweden has been used effectively by Vietnam
for priority targets such as poverty reduction, environmental protection and
administrative reform.
Major Swedish enterprises including Comvik,
Ericsson, Electrolux and Ikea have been operating effectively in Vietnam, and
Sweden has bought shoes, garments, wood furniture and food products from
Vietnam, but bilateral trade and investment have remained modest and below the
expectations of both nations. Trade last year amounted to about 450 million USD.
As Vietnam promotes its renewal process and integrates into the world
economy, the country is becoming Sweden ’s equal partner, and the two countries
are aiming to increase bilateral trade to 1 billion USD annually in the coming
years.
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