Vietnam would benefit from promoting international cooperation and multilateralism for the new era

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These remarks were made by figures in Switzerland interviewed by the Vietnam News Agency (VNA).

Minister Counselor and Deputy Permanent Representative of Vietnam in Geneva Le Dinh Ba stressed that proactive international integration offers Vietnam significant advantages in multilateral forums and structures.

The experience gained over decades of reform, development and integration is an invaluable asset for the nation as it globally embarks on this new era, he noted.

Multilaterally, Vietnam has considerable untapped potential, particularly in the economic and commercial fields. “The more we integrate and the higher the quality of our commitments, the more we can demand reciprocity from our partners.“, he said, reinforcing the principle of mutual benefit in international trade.

To elevate the country’s global standing, he advocated for a shift in mindset from recipient of aid and technical assistance to contributor who shapes international rules and shares expertise.

Meanwhile, Vietnam’s honorary consul in Switzerland and former German vice-chancellor Philip Rosler stressed the importance of focusing on economic development to achieve Vietnam’s GDP growth targets.

The best way for Vietnam to enter this new era is to promote investment and trade while strengthening international cooperation, he said, noting that the efforts of Vietnamese leaders in this direction have been praised by the international community.

All eyes are on Vietnam, especially in 2025, as Vietnam approaches 50^e anniversary of national reunification, he said, adding that many countries will reflect on Vietnam’s historic achievements and its progress in nation building.

According to him, multilateral cooperation is essential for Vietnam to attract international attention, attract foreign investors and consolidate its position on the global stage.

Sharing Philip Rosler’s views, former Swiss Ambassador to Vietnam Ivo Sieber suggested that economic and trade cooperation agreements should be a key priority for Vietnam in the coming years.

With increasing attention to bilateral free trade agreements, he highlighted that the European Free Trade Association (EFTA) is negotiating with several countries globally, recently finalizing a deal with Thailand.

Vietnam, as a major economy in Southeast Asia, has not yet reached a similar agreement with EFTA. This presents a promising opportunity to move forward with such an agreement.

Hopefully this will benefit all parties involved, including businesses, he said.

VNA/CVN