President of the Council of States of Switzerland Ivo Bischofberger will make an official visit to Vietnam between March 28 and 31.

President of the Council of States of Switzerland Ivo Bischofberger (Photo: parlament.ch)

The visit is made at the invitation of National Assembly Chairwoman Nguyen Thi Kim Ngan.

Vietnam and Switzerland established diplomatic relations on October 11, 1971.

Since 1992, Switzerland has provided Vietnam with about 470 million USD in ODA, most of which is non-refundable. 

In 2015, two-way trade hit 1.53 billion USD. 

In 2016, Switzerland ran more than 100 projects in Vietnam with the total investment capital of over 2 billion USD, being the fourth largest European investor in Vietnam.

VNA