Law revisions seek to boost decentralisation, procedure simplification in asset auction

Joachim Mathiesen, head of the institute, briefed the Vietnamese guests on its history and research activities. He said that as a leading physics research centre at the University of Copenhagen, the institute is renowned for its foundational contributions to atomic physics and quantum mechanics.

Admiring Liechtenstein's development achievements, particularly its strong financial sector, high-tech industries and per-capita income among the world's highest, the NA President affirmed that Vietnam attaches importance to and wants to further strengthen cooperation with Liechtenstein.

The top Vietnamese leader called on the Danish Parliament to continue supporting the effective implementation of agreements between the two governments, particularly in economy, trade, investment, green transition, renewable energy, science and technology, innovation, education and training, and high-quality human resources development.

The 16th legislature has 150 female deputies, accounting for around 30% of its total membership, reflecting Vietnam’s strong commitment to gender equality and women’s advancement.

Vietnam consistently attaches importance to its friendship and multifaceted cooperation with Switzerland, they stressed, describing the visit as a vivid demonstration of the two countries' commitment to realising and further deepening their Comprehensive Partnership, established in January 2025, the Vietnamese leaders said.

Given Vietnam’s dynamic and expanding economy and its need to diversify supply, distribution and trade channels, Switzerland offers promising opportunities for Vietnamese small and medium-sized exporters.

Over the 55 years since diplomatic relations were established, Vietnam and Denmark have built a solid foundation of friendship, trust and increasingly close cooperation. Rooted in historical ties and the affection shared by the Royal Family and the two countries’ people, their relationship is entering a new chapter centred on the green transition, innovation and sustainable development.

National Assembly President Tran Thanh Man and Swiss President Guy Parmelin agreed to leverage parliamentary cooperation to promote the implementation of high-level agreements, linking exchanges of legislative experience with oversight of implementation.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam, his spouse Ngo Phuong Ly, and a high-ranking Vietnamese delegation left Hanoi on October 19 for a state visit to Denmark and official visits to the European Union and Belgium.

Liechtenstein regards Vietnam as an important partner in Southeast Asia and wishes to further strengthen long-term cooperation in economy, trade and investment.

PSNews - Vietnam attaches importance to its relations with Liechtenstein and values the principality’s standing and strengths in science and technology, innovation, finance, technology and highly skilled human resources development, said Prime Minister Le Minh Hung.

PSNews - The Vietnam-EFTA Free Trade Agreement is expected to open up new avenues for cooperation and provide fresh impetus for economic growth, innovation and sustainable development, delivering tangible benefits to people and businesses in Vietnam and EFTA member states.

The upcoming official visits to the European Union (EU) and Belgium by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam aims to strengthen political trust, deepen ties and translate high-level commitments into concrete action, laying the groundwork for a new phase in relations with both partners.

PSNews - PM Brigitte Haas's first official visit to Vietnam marks an important milestone, demonstrating Liechtenstein's high regard for Vietnam while providing fresh impetus for deeper, more substantive, and more effective bilateral relations.

The two sides pledged to promote ties between innovation hubs, research institutes, universities, and enterprises, while stepping up collaboration in AI, quantum technology, green energy, the digital economy, higher education, and vocational training.

The visit comes at a favourable time, following the conclusion of negotiations on a free trade agreement between Vietnam and the European Free Trade Association (EFTA) in July 2026. The agreement is expected to provide an important framework for further expanding Vietnam’s economic ties with Liechtenstein and other EFTA members, facilitating trade, investment and business connections.

Over the past 55 years since establishing diplomatic relations, Vietnam and Switzerland have become reliable and effective partners across various fields. Political trust has continued to be strengthened through visits and high-level meetings. In January 2025, the two countries established a Comprehensive Partnership, marking a new milestone in the bilateral relations. Since then, their cooperation has continued to deepen and become more effective.

Hanoi University of Pharmacy holds special significance in bilateral relations as it is closely associated with Alexandre Yersin, a French scientist of Swiss origin born in 1863 in the canton of Vaud, the homeland of President Parmelin. Yersin was the first principal of the Indochina Medical College, the predecessor of today’s Hanoi University of Pharmacy and Hanoi Medical University. He also made important contributions to the development of medicine in Vietnam.

The General Secretary and President noted that since the establishment of diplomatic relations in 1971, Vietnam and Switzerland have consistently nurtured their friendship, strengthened political trust and expanded cooperation across various fields for the benefit of their people.

Amid a complex international and regional environment, proactive engagement across the entire political system has yielded major and relatively comprehensive socio-economic achievements, with 14 out of the 15 primary socio-economic targets expected to be met or exceeded.