Vietnam, Sweden sign MoU to enhance trade promotion, biz cooperation

Hai Phong city’s department of industry and trade also signed an MoU with the Port of Gothenburg to expand logistics cooperation.

These were part of several MoUs signed at the Vietnam-Sweden Business Forum 2024 held recently in Stockholm by the Vietnamese embassy, the Vietnam trade office in Sweden and FPT Corporation to celebrate 55 years of diplomatic relations, a release from the embassy said.

Themed ‘Digital Transformation, Energy Transition, and Innovation: Cooperation for a Sustainable Future’, the event aimed at facilitating collaboration between Vietnamese and Swedish businesses in various sectors.

Vietnamese ambassador to Sweden Tran Van Tuan said Vietnam’s economy is being increasingly driven by digitalisation, with digital economy contributing 16.5 per cent to gross domestic product last year. Both nations could greatly benefit from Sweden’s expertise in technology and innovation, he noted.

Fibre2Fashion News Desk (DS)