On the afternoon of June 12, during Prime Minister Pham Minh Chinh’s official visit to Sweden, he and Sweden’s Minister of International Development Cooperation and Trade, Benjamin Dousa, co‑hosted the Vietnam–Sweden Business Forum themed “Green Transformation, Digital Transformation, and Innovation.” The event attracted Vice‑Prime Minister and Foreign Minister Bui Thanh Son, other senior officials from both nations, and top business leaders.
Against the backdrop of strong political ties, economic relations between Vietnam and Sweden have deepened, with total bilateral trade reaching US 1.48 billion in 2024. Sweden ranks 29th among investing countries in Vietnam, with 111 active projects totaling US 743.4 million. While over 70 Swedish companies including Ericsson, ABB, IKEA, Electrolux, Volvo, and H&M, are already operating in Vietnam, Vietnamese investments in Sweden remain modest, with only three projects under US 1 million.
At the forum, leaders underscored untapped potential in areas such as green energy, digitalization, telecoms, innovation, and education. Both governments stressed the importance of creating enabling environments, streamlined policy, smart infrastructure, and skilled human capital to inspire enterprises to pioneer cooperation.
Prime Minister Pham Minh Chinh emphasized that starting July 1, Vietnam will further reduce administrative bottlenecks and red tape, paving the way for a new wave of Swedish investment. He affirmed Vietnam’s commitment to safeguarding investor rights and maintaining political stability to foster a sustainable business climate
New Partnership Announcement: SotaTek × Key Solutions AB
During the forum and witnessed by Prime Minister Pham Minh Chinh and senior leaders from both Vietnam and Sweden - SotaTek, a leading Vietnamese Software Development as a Service (SDaaS) and IT consulting firm, signed a strategic partnership with Key Solutions AB, a Swedish technology specialist in direct and event sales.
This partnership brings together SotaTek’s scalable software and consulting expertise with Key Solutions AB’s strengths in sales strategy, customer engagement, and event-driven expansion. Their joint mission is to offer end-to-end digital solutions that empower enterprises worldwide to accelerate digital transformation, foster innovation, and respond effectively to today’s competitive landscape.
https://www.sotatek.com/ 
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