Entry into force of the Agreement between Japan and the Socialist Republic of Viet Nam for an Economic Partnership (October 2009) Joint Press Statement (October 1, 2009) … Due to … The relevant Swiss representation abroad can answer any questions concerning the FDFA’s online desk. How many Swiss nationals live in the country and what they do, Consulates, embassies and contacts in Switzerland. Among them there are important multinational corporations such as Nestlé, ABB, Novartis, Roche, Schindler, Syngenta and DKSH. Switzerland wants to step up EFTA-Vietnam FTA talks. Also in 2015, Vietnam concluded FTA negotiations with South Korea. Signed on November 15, 2020. With a total foreign direct investment stock of €6.1 billion (2017), the EU is one of the largest foreign investors in Vietnam. Head of the Swiss Federal Department of Economic Affairs, Education and Research Guy Parmelin. ASEAN, China, Korea, Japan, Australia, New Zealand. The … The two parties are Vietnam and the European Free Trade Association (EFTA), which includes Switzerland. Figures from the Swiss National Bank show that Swiss companies have so far invested a total of around CHF 690 million (USD 694 million) in Vietnam, and are represented in numerous sectors. In Vietnam, the continuation of negotiations on a FTA between EFTA countries – including Iceland, Norway, Switzerland and Liechtenstein – and Vietnam will be at the top of the agenda. Vietnam has signed and will sign 16 free trade agreements (FTA), the Government said in a report sent to the National Assembly Standing Committee. report . Over 100 Swiss companies are present in Vietnam today. What aspects require special attention when travelling abroad or going to another country to study a language, study at an educational institution, or work as an au pair? The EFTA-Philippines FTA entered into force on 1 June 2018 for the Philippines, Norway, Liechtenstein and Switzerland and on 1 January 2020 for Iceland. By using a gravity model and a panel data analysis, we show that the reduction of tariffs in the framework of the FTA will have a positive impact on bilateral trade between Vietnam and the EU. Information and round-the-clock assistance worldwide – travel carefree with the FDFA's new app in your pocket. Tweet. Vietnam, EU (27 members) Signed FTAs, not yet in effect. The annual volume of trade between Vietnam and Switzerland amounted to around CHF 2 billion (USD 2 billion) in 2018, an increase of about 5 percent. FTAs under negotiation. Bilateral trade has increased significantly and keeps growing. Tweet. Vietnam, EFTA (Switzerland, Norway, Iceland, Liechtenstein) 16. Negotiations on a broad-based Free Trade Agreement were launched in July 2012 following a positive recommendation by a Joint Study Group mandated to examine closer trade and investment relations between the Parties. Swiss Ambassador to Vietnam Ivo Sieber Negotiations for a comprehensive free trade agreement have been ongoing for a while. Using the FDFA’s online consular services while abroad. Vietnam; Switzerland. After three and a half years of negotiation, on Sunday 30th of June, 2019, The European Union and Vietnam signed a landmark free trade deal – The EU-Vietnam Free Trade Agreement (EVFTA) – in Hanoi, Vietnam. This study aims to analyse impact of Vietnam-EU FTA on bilateral trade of Vietnam. Additionally, a growing number of small and medium sized companies have considered Vietnam as a destination to for their investment and business expansion. Vietnam in top 10 sustainable business list for manufacturing. Tel. If you want remove this page, please contact us. 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