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The Vietnam-Sweden Organization Online forum, kept in Stockholm in September 2024. Credit scores: LinkedIn, FPT Software Application
This landmark accompanies the event of 55 years of polite relationships in between both countries.
Sweden-Vietnam profession and logistics
According to a record by Vietnam.VN, Sweden continues to be Vietnam’s biggest trading companion in Northern Europe, while Vietnam is Sweden’s leading import companion in Southeast Asia.
In 2023, their overall reciprocal profession got to $1.29 billion (EUR1.17 billion), expanding progressively to $1.3 billion (EUR1.18 billion) in 2024. This development is driven by the EU-Vietnam Open Market Contract (EVFTA), which has actually minimized tolls and profession obstacles, making Vietnamese products extra affordable in regards to rate and high quality.
Initiatives to enhance logistics have actually caused collaborations in between crucial ports, consisting of Gothenburg Port and Tân Cảng Sài Gòn. According to Bùi Văn Quý, Chairman of the Southeast Eastern Seaports Organization, these arrangements intend to lower delivery expenses and enhance performance.
Collaboration in between Ericsson and Mobifone
In 2024, a 5G Technology Centre in Vietnam was developed with a collaboration in between Ericsson and Mobifone. The centre intends to create electronic change and state-of-the-art research study.
According to a record by ScandAsia, Swedish customers are progressively prioritising lasting and eco-friendly items, offering brand-new chances for Vietnamese merchants. Products like natural fish and shellfish, fabrics made from recycled products, and sustainably generated furnishings have actually seen expanding need.
Vietnam-Sweden Organization Online Forum
The Vietnam-Sweden Organization Online forum, kept in Stockholm in September 2024, was a significant emphasize of the year. With the motif “Digital Makeover, Power Change, and Technology”, the occasion helped with conversations on renewable resource and environment-friendly change.
Furthermore, Swedish services such as IKEA and H&M have actually boosted manufacturing orders in Vietnam, straightening with an international fad of branching out supply chains far from China.
Sight all information in Sweden.
Sight all write-ups by Letara Draghia.
