Government leader hosts Swedish Crown Princess

Vietnam always remembers Sweden's valuable and effective support for its causes of socio-economic development and poverty reduction, said Prime Minister Nguyen Xuan Phuc at a meeting with Crown Princess of Sweden Victoria Ingrid Alice Desiree in Hanoi on May 7.

He said he was delighted on hearing that two-way trade surpassed 1.5 billion USD last year and Swedish investors are currently running 67 projects totalling 370 million USD in Vietnam. He urged Swedish enterprises to increase investment in Vietnam and strengthen cooperation with Vietnamese enterprises to raise bilateral trade.

The Vietnamese Government is working to complete institutions and create the most possible favourable conditions for foreign investors, including those from Sweden, he added.

He also expressed his hope that the Swedish Royal Family and government will help to speed up the early signing of the EU-Vietnam Free Trade Agreement (EVFTA) before late June 2019 to create a breakthrough for bilateral trade and economic ties.

Crown Princess Victoria Ingrid Alice Desiree said that the Swedish enterprises accompanying her want to foster stronger collaborations with Vietnamese partners.

Swedish Minister for Foreign Trade Ann Linde stated that Sweden considers issues related to free trade agreements as highly significant. Therefore, the country will work to boost the early signing and ratification of the EVFTA, she noted.

Source: VOV5