Sweden views Vietnam as a key partner for innovation, green growth, and sustainable development, according to Johan Forssell, Sweden’s Minister for International Development Cooperation and Foreign Trade.
During a business forum in Hanoi on Friday 17 May 2025, Forssell expressed optimism about the long-term trade potential between the two countries, highlighting Vietnam’s role as a growing market for Swedish solutions in areas such as sustainable energy, healthcare, and smart infrastructure.
“Vietnam is a dynamic market that offers many opportunities for Swedish companies, especially those focused on innovation and sustainability,” says Minister Forssell.
The minister led a delegation of 50 Swedish companies to Vietnam to explore business opportunities and strengthen bilateral trade ties. The companies represented sectors including green transition technologies, digital solutions, and manufacturing.
The forum, organised jointly by Business Sweden, the Embassy of Sweden in Hanoi, and the Vietnam Chamber of Commerce and Industry (VCCI), was part of activities marking 55 years of diplomatic relations between Sweden and Vietnam.
According to Forssell, the European Union–Vietnam Free Trade Agreement (EVFTA) plays a significant role in encouraging trade and investment. The minister encouraged further reforms in Vietnam to improve the business environment and ensure sustainable development.
Source: Vietnamnews.vn
