Vietnam Today

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.

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

The 227 businesses recognised this year collectively hold nearly 5,700 trademarks, patents and utility solutions, along with more than 2,400 international certificates and standards.

Deputy Prime Minister Nguyen Van Thang urged the central bank to execute timely, substantive measures to bring down overall interest rate levels, specifically targeting a 1.5–2% cut in loan rates for production, commerce, and priority sectors.