Foreign investment with the advantage of Vietnam - Switzerland relationship

Switzerland was one of the first European countries to establish diplomatic relations with Vietnam. After 50 years, this comprehensive partnership is expected to bring even more prospects to overseas investors.

Celebrating the 50th anniversary of the establishment of diplomatic relations between Switzerland and Vietnam

After establishing diplomatic relations in 1971, Switzerland opened an Embassy in Hanoi in 1973. Vietnam opened an Embassy in Bern in 2000 and in 2015 Switzerland had a Consulate General in Ho Chi Minh city. This year marks 50 years of diplomatic relations between the two countries, which is a special event for Vietnam and Switzerland to summarize the past journey and implement new goals in the future.

On the side of the Ministry of Foreign Affairs, Director of the European Department, Mr. Dinh Toan Thang also said that the two countries are expected to coordinate and organize the Vietnam - Switzerland Business Forum; events promoting education, training and Vietnam Week in Switzerland with special cultural and artistic exchange activities when the epidemic situation is under control.

The situation of comprehensive trade promotion between Vietnam and Switzerland

According to One IBC^®, an expert in the field of foreign investment consulting, Switzerland, although far away, is very close and familiar to Vietnam thanks to its policy of international integration and the political-economic linkage between Vietnam and Switzerland. For this reason, the two countries are increasingly closely linked on the path of socio-economic development, creating a great premise for Vietnamese investors who want to invest directly and indirectly in Switzerland.

Although Switzerland is far away, it is very close and familiar to the Vietnamese people

During the half-century history of the cooperative relationship between the two countries, the friendship and good partnership between the two countries has continuously developed in all aspects, especially in the field of trade and investment. Since 1991, the Swiss government has supported 600 million Francs (nearly 15 trillion VND) for Vietnam's socio-economic development and is always among the top countries with the highest FDI in Vietnam. Moreover, according to statistics from the General Department of Customs, Vietnam's exports to Switzerland in the first two months of 2021 amounted to $21.3 million.

Representative of One IBC^®, Mr. Vu Dai Duong, said that Swiss companies such as Nestlé, Roche, ABB, Holcim, Schindler are among the first companies to invest directly and indirectly in Vietnam when the country opened its economy in the 1990s. Today, more than 100 Swiss companies are operating in Vietnam, taking advantage of the country's huge natural resources and abundant workforce.

Promoting investment cooperation to Switzerland with One IBC^®

Switzerland as a member of the European Free Trade Association has been negotiating with Vietnam for a far-reaching FTA since 2012. This is a lever that makes it easier for Vietnamese businesses when investing abroad in general and Switzerland in particular.

One IBC^® is committed to bringing investment opportunities in Switzerland to Vietnamese investors

In the current globalization trend, One IBC^® always encourages investors to conduct direct investment activities abroad in order to exploit, develop and expand the market; improve management capacity and supplement resources for socio-economic development of the country. To support businesses in the process of carrying out investment procedures abroad, One IBC^® has pre- and post-business services such as setting up a business abroad, support in opening a bank account to accounting & auditing services.

Possessing long-term experience and deep understanding in the field of offshore investment consulting services, One IBC^® has built and strongly connected with customers and partners from many countries around the world with the hope to provide the best quality services to our customers.

As the world's leading reputable offshore investment consultant and corporate service provider, One IBC^® is committed to bringing borderless business opportunities and becoming a service provider sustainable business for global investors, especially investing and setting up companies in Switzerland.