VN, Switzerland seek stronger cooperation

Switzerland will continue to promote cooperation with and provide assistance for Vietnam in the fields of finance, banking, foodstuff, pharmacy, industry and cement, a Swiss official has said.
Switzerland will continue to promote cooperation with and provideassistance for Vietnam in the fields of finance, banking, foodstuff,pharmacy, industry and cement, a Swiss official has said.

TheHead of the Swiss Federal Department of Economic Affairs, JohannSchneider-Ammann, made the affirmation during his talks with visitingVietnamese Deputy Prime Minister Hoang Trung Hai in Bern on Sept. 13.

Atthe talks, the two sides reached consensus on a number of majororientations and concrete measures to boost bilateral ties, especiallyin trade, investment, finance and banking.

Vietnam alwaysattaches importance to and wants to boost the traditional friendship andmultifaceted cooperation with Switzerland, said Hai, who is on asix-day official visit to Switzerland beginning Sept. 10, which lands onthe 40th anniversary of Vietnam-Switzerland diplomatic relations.

The host and guest held that the two nations still hold great potentials for further cooperation in investment and trade.

Theofficials also pledged to support and encourage businesses from bothcountries to boost exchanges, explore information and set up stable,long-term business relations in each other’s market.

Hai saidVietnam will continue stepping up its renewal and internationalintegration process, and is determined to surmount its current economicdifficulties to become a modernity-oriented industrialised nation by2020.

After the talks, Hai and Johann Schneider-Ammann witnessedthe signing of a memorandum of understanding (MoU) on cooperationbetween the Vietnamese Ministry of Foreign Affairs and the Swiss FederalDepartment of Foreign Affairs, an MoU on technical assistance andcapacity building for the Vietnamese Finance Ministry, an MoU oncooperation in labour and jobs and a project to improve the treatment ofwaste water and solid waste in Vietnam’s towns.

The same day, aseminar on finance and banking took place in Bern, with theparticipation of many Swiss leading financial and banking experts.Inflation control, finance supervision, forecasting and monetary policybuilding topped the agenda at the seminar./.

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