Investment

The event took place shortly after the signing of the Free Trade Agreement between Vietnam and the European Free Trade Association (EFTA), which comprises Iceland, Liechtenstein, Norway and Switzerland.

Prime Minister Brigitte Haas is the first leader of Liechtenstein to visit Vietnam since the two countries established diplomatic relations in 2008.

At their talks, the two leaders emphasized the need for both sides to further elevate trade and investment cooperation following the signing of the Vietnam–EFTA Free Trade Agreement; and encourage more Swiss businesses to invest in Vietnam, particularly in the seaport sector.

Vietnam’s solar energy sector is shifting toward market-driven growth, a recent conference heard, with direct power purchase agreements, storage, and decarbonization creating new investment opportunities.

The agreement was signed in Hanoi on October 18 in the presence of General Secretary and President To Lam.

Key priority and urgent projects backed by municipal budgetary funding were disbursed at rates far exceeding the citywide average