Bilateral relations Switzerland–Vietnam

Switzerland is supporting the transition and development process in Vietnam. Although an emerging nation in economic terms, its trade with Switzerland is continuously increasing. Vietnam's wish to strengthen bilateral relations was underlined by the opening of an embassy in Bern in 2000.

Key aspects of diplomatic relations

Since 1995 Vietnam has been one of the key recipient countries of Swiss development aid. Since 2008, Vietnam has also been one of the seven priority countries for economic development cooperation carried out under the lead management of the State Secretariat for Economic Affairs (SECO). Switzerland has been conducting a human rights dialogue with the Vietnamese government.

Treaty database

Economic cooperation

Since the beginning of 2011, Vietnam is regarded by international financial institutions as middle-income country. As a result, Switzerland has been refocusing its support inclusive and sustainable economic growth to improve the lives of the Vietnamese people.  Bilateral trade between Switzerland and Vietnam has increased steadily over the last two decades. 2016 saw a 37% increase of the bilateral trade volume to over 2 billion Swiss francs, making Vietnam Switzerland’s largest trading partner in Southeast Asia after Singapore.  A free trade agreement holding the potential to further boost bilateral trade relations is currently being negotiated between EFTA (Iceland, Liechtenstein, Norway, and Switzerland) and Vietnam.

Trade promotion, Swiss Global Entreprise

Asia and Oceania, SECO

Peacebuilding and human security

Switzerland and Vietnam hold an annual human rights dialogue since 1997. The last round of the dialogue took place in Bern on the 17 and 18 October 2016

Development cooperation and humanitarian aid

Swiss Official Development Assistance (ODA) to Vietnam was initiated in 1992 and supported the country successfully in its development for over 25 years. Due to Vietnam’s rapid socio-economic development over the past two decades, Switzerland’s support is currently focusing on economic development cooperation implemented by the State Secretariat of Economic Affairs (SECO). For the period 2017-2020, Vietnam benefits from a significant number of programmes with foreseen commitments of CHF 80 million of ODA grants in the following areas: 

Public institutions and services
Employment

Trade and competitiveness

Climate compatibility

Economic development cooperation, SECO
 

Swiss nationals in Vietnam

At the end of 2016, there were 610  Swiss nationals living in Vietnam, 271 of whom had dual citizenship

History of bilateral relations

In 2000, Vietnam opened an embassy in Bern. The first official visit of a Swiss President took place in August 2008. In 2016, Vietnam and Switzerland celebrated 45 years of diplomatic relations.

After the war in Indochina came to an end in 1954, the peace negotiations were held in Geneva. Until the outbreak of the Vietnam War, Switzerland already maintained relations with the non-communist South. During the Vietnam War, Switzerland provided humanitarian aid both in South Vietnam and in North Vietnam. In 1971 – before the end of the war – Switzerland established diplomatic relations with the Socialist Republic of Vietnam. Switzerland was one of the first western countries to do so.

In 1926 Switzerland opened a consulate in Saigon, and in 1958 a general consulate.

Vietnam, historical Dictionary of Switzerland (de, fr, it)