Stay ahead of the curve: FDI from Vietnam to Switzerland increases strongly

In 2020, the number of investment projects in Switzerland almost reached 100, which is 25% higher compared to the previous year, and boosts Switzerland from 17th (in 2019) to 14th in the top European countries receiving the most foreign direct investment.

Upbeat trend in Swiss foreign investment

According to One IBC, a corporation specializing in international business and investment, despite the impact of the Covid-19, FDI in Switzerland continues to increase strongly. The investors are fairly optimistic to seize investment opportunities as the economy recovers after the pandemic is suppressed.

Going against the general downward trend across Europe, in 2020 the number of investment projects in Switzerland was almost 100, which is 25% higher in comparison to the previous year. This is the highest number of foreign investment projects in Switzerland recorded in a year since 2011, boosting Switzerland from 17th in 2019 to 14th in the top European countries receiving the most foreign direct investment.

Despite the impact of the Covid-19, Swiss foreign investment grows strongly

According to One IBC, the main reason why foreign direct investment in Switzerland increases sharply is because the number of investment projects from German companies nearly doubled in 2020. Second biggest proportion is from foreign investment from US companies.

However, foreign investment projects in Switzerland from the UK and its neighbor country - Italy - experienced downward trends. In the long term, with investment incentives and efficient use of resources, foreign investment in Switzerland generally tends to increase in the upcoming years.

Vietnam - a strategic partner of Switzerland in ASEAN

With a 50 year diplomatic relationship (1971 - 2021), Switzerland has supported Vietnam in many aspects, focusing on 3 matters: Strengthening the effectiveness of economic institutions and policies; building a competitive and efficient private sector; sustainable urban development and climate change.

Vietnam is a strategic partner of Switzerland in ASEAN, collaborating in many aspects

In the future, Switzerland considers Vietnam a key strategic partner in ASEAN. Both sides agreed to strengthen trade promotion activities - foreign investment, and create favorable conditions for businesses in terms of cooperating, especially in potential industries, e.g. finance - banking, pharmaceuticals, import and export, tourism, hi-tech agriculture, education.

With the desire to enhance the diplomatic relationship, both countries agree on promoting cultural and artistic exchanges between two nations in order to enhance connectivity, and bilateral cooperation in many aspects.

Explore the Swiss market with One IBC

The Swiss Government creates an ideal business environment thanks to its transparent and attractive tax system. Switzerland stands out in the world with its “transparency” and always puts the customers first. Therefore, many Vietnamese investors have chosen to set up offshore companies in Switzerland to access the European market.

One IBC has many years of experience in consulting overseas investment for businesses

Overall, Switzerland has more preferential policies for foreign investment than other European countries, thereby it is strongly attracting capital flows from many businesses around the world. When setting up offshore companies in Switzerland, Vietnamese and international businesses have the opportunity to trade with other EU countries, goods trading is easier due to tax relief.

Understanding the needs of developing and market expansion of many Vietnamese entrepreneurs, One IBC is proud to be the leading international corporate service provider in Vietnam. We bring practical business solutions, in accordance with the regulations of the host country, to help businesses optimize the capital flow of foreign investment.

Let’s stay “ahead of the curve” with One IBC. Please contact us via Hotline 18006758 or email [email protected] to learn more about offshore business and foreign investment in Switzerland.