Vietnamese Prime Minister Nguyen Xuan Phuc and his Swedish counterpart Stefan Loefven discussed multiple measures to enhance their two nations’ relationship during their talks in Stockholm on Monday.
Their meeting was held as part of PM Phuc’s official visit to Sweden from May 26 to 28. He previously paid a trip to Russia and Norway between May 20 and 25.
During the conversation in Stockholm, the Vietnamese premier expressed his delight that the Sweden visit was conducted on the occasion of the 50th anniversary of the two countries’ diplomatic ties.
Vietnam always treasures its traditional friendship with Sweden and wants to further strengthen bilateral ties in diverse areas, Phuc stressed.
Replying to his guest, PM Loefven expressed his belief that the visit will create a new driving force for bilateral cooperation, adding that the Swedish government considers Vietnam an important partner in the Southeast Asian region.
Both sides agreed that the Vietnam-Sweden relationship has thrived in multiple areas over the past few years, thus tapping into each other’s strengths.
The growing friendship was highlighted by the visit to Vietnam by Crown Princess of Sweden Victoria Ingrid Alice Désiree on May 6 to 8, they added.
The two leaders reached consensus on facilitating all-level visits and effectively implementing bilateral cooperation mechanisms.
PM Phuc asked the Swedish government to encourage firms to enhance investment in Vietnam in such fields as manufacturing, chemicals, electronics, information and communications, waste treatment, pharmaceuticals, and the support industry for automobiles.
The two PMs promised to work closely together to step up the signing of the EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement in the coming time to bring benefits to both sides.
On the occasion, the Swedish government leader presented a letter of intent on an investment credit worth over US$2 billion in Vietnam.
Both sides also consented on the settlement of disputes by peaceful means in line with international law and the 1982 United Nations Convention on the Law of the Sea (UNCLOS).
Following their talks, the two premiers attended the Vietnam-Sweden business forum in Stockholm on the same day.