Swiss President to Visit Vietnam Early August

3:23:19 PM | 28/7/2008

President of Switzerland Pascal Couchepin and his wife will pay an official visit to Vietnam early this August at the invitation of the host President Nguyen Minh Triet, the Ministry of Foreign Affairs announced July 24.
 
Vietnam and Switzerland officially set up diplomatic ties in 1971.
 
The two nations signed an economic and trade cooperation agreement in 1993. In 1994, Switzerland listed Vietnam in a group of countries for preferential treatment in trade.
 
However, the two-way trade still remains modest.
 
Bilateral trade between Vietnam and Switzerland in the first four months of this year reached US$185.1 million, up 18.36 per cent on-year.
 
Switzerland had 46 valid investment projects capitalized at US$720.86 million in Vietnam by late 2007, ranking 18th among foreign investors in the country. (Saigon Liberation)