The turnover of two-way trade between Vietnam and Switzerland reached approximately US$185 million in the first four months of this year, increasing by 18.36 percent over the same period last year.
Of the figure, the export turnover was estimated at more than US$97,5 million, up 10.71 percent, while import turnover stood at nearly US$87,5 million, up 28.23 percent.
Vietnam’s key exports to the Swiss market included footwear, seafood, coffee, interior decorations, garments and textiles, watch accessories, bags and umbrellas. However, only seafood, coffee, interior decorations and watch accessories saw an increase in export growth compared to last year’s figure.
Meanwhile, Vietnam imported a large volume of products from Switzerland, especially medicine (up more than 62 percent) and chemicals (up over 47 percent).
By the end of last year, as many as 46 Swiss-funded projects were operating in Vietnam, with a total investment capital of US$720.86 million. At present, Switzerland ranks 18th among those countries having large foreign direct investment (FDI) projects in Vietnam, making up 0.85 percent of the country’s total investment and 1.62 percent of its disbursed foreign investment.
