Speaking to a Vietnam News Agency correspondent in Geneva, Sieber noted that amid mounting pressures on the global cooperative order, Vietnam’s leadership has demonstrated flexible and effective responses, while proactively rolling out a series of significant reforms across the political, economic, social and environmental spheres. These reforms, closely aligned with the Party’s five-year plans, will continue to be shaped and concretized at the 14th Congress.

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Ivo Sieber, a member of the Swiss - Vietnamese Economic Forum and former Swiss Ambassador to the country, speaks at a event in Zurich.

On Vietnam’s development trajectory since the launch of the Doi moi (renewal) process in 1986, alongside its ambition to become a developed nation by 2045, Sieber said the country has solid grounds to make further important advances, despite persistent challenges. He underscored that political stability and a proven track record of achievements provide a strong foundation for an increasingly positive outlook.

On Vietnam - Switzerland relations, which were established in 1971 and upgraded to a comprehensive partnership in January 2025, Sieber expressed confidence that, as the two countries mark the 55th anniversary of diplomatic ties this year, existing links and cooperation will be further strengthened.

Against the backdrop of uncertainties stemming from U.S. tariff policies, he stressed the growing importance of accelerating the conclusion of a free trade agreement (FTA) between Vietnam and Switzerland, one of the four members of the European Free Trade Association (EFTA). He said advancing the FTA is clearly an area where bilateral relations can be further enhanced, affirming that SVEF will remain actively engaged in this process as well as in other areas of cooperation between the two countries.

As a key member of SVEF, Sieber voiced confidence that the forum will continue to make practical contributions to bilateral relations in the time ahead.

He added that SVEF will maintain close cooperation with the diplomatic missions of both countries, as well as with organizations and individuals, not only in the fields of economy, trade and investment, but also across a broader range of cooperative areas.

According to the plan, the third annual Swiss-Viet Economic Forum will be held at the University of Zurich in June 2026. SVEF also intends to organize its second forum in Vietnam in early November 2026, on the occasion of the 55th anniversary of bilateral diplomatic relations.

Source: VNA