Vietnam, Sweden should join hands in clean production: Minister
Vietnam and Sweden should cooperate in the environmental protection and sustainable development in the context of the current Fourth Industrial Revolution, Minister of Industry and Trade Tran Tuan Anh has said.
Handicraft is one of Vietnam's main export products to Sweden. (Illustrative image. Source: VNA)
Hanoi (VNA) – Vietnam and Sweden should cooperate inthe environmental protection and sustainable development in the context of the currentFourth Industrial Revolution, Minister of Industry and Trade Tran Tuan Anh hassaid.
Also, the two sides should intensify the cooperation betweentheir enterprises in investment, technology renovation, the minister stressedin an interview granted to the Vietnam News Agency ahead of the coming officialvisit to the North European country of Prime Minister Nguyen Xuan Phuc.
Minister Anh affirmed that the Vietnam – Sweden traderelations has been established for long and developing unceasingly. However,bilateral economic and trade relations have yet to match potential.
By April, Sweden ranked 33rd among the 131countries and territories investing in Vietnam, with 68 valid protects totalingover 365 million USD in capital. In the first four months of this year, bilateraltrade amounted to over 500 million USD, in which Vietnam’s exports topped 400million USD, mostly footwear, textiles, sea food, wooden furniture, handicraftproducts, computers and accessories; and main imports from Sweden included telecommunicationequipment, machinery and pharmaceutical products.
In order to boost exports to the North European market,Minister Anh suggested Vietnamese enterprises pay attention to their quality,origin traceability, social responsibility, environment protection and businessethics. He also pointed out that the scale of orders from Sweden is not large,that is why Vietnamese enterprises should accelerate the approach todistribution chains to ensure sustainable business.
The official pointed to the EU – Vietnam Free TradeAgreement as a factor that can bring about a positive impact for both Vietnamand Sweden. He also called on enterprises to join the Vietnamese Government inpushing up other governments to sign the deal at an early date, thus creating amore favourable economic – trade framework for the two countries.-VNA
Vice President Dang Thi Ngoc Thinh and Crown Princess of Sweden Victoria Ingrid Alice Désiree discussed measures to step up the friendship and cooperation between Vietnam and Sweden during their talks in Hanoi on May 6.
Crown Princess of Sweden Victoria Ingrid Alice Désiree and Deputy Prime Minister and Foreign Minister Pham Binh Minh co-chaired the Vietnam – Sweden Business Summit: Partnering for Sustainable Growth in Hanoi on May 7.
Sweden will help Vietnam in areas of its strength like energy saving, focusing on renewable energy development, Swedish Minister for Foreign Trade Ann Linde has said.
Vietnamese Prime Minister Nguyen Xuan Phuc’s upcoming visit to Sweden from May 26-28 is hoped to further strengthen the traditional friendship and multifaceted cooperation between the two countries.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Handicraft is one of Vietnam's main export products to Sweden. (Illustrative image. Source: VNA) 
