Upon addressing the event, Swedish Ambassador to Vietnam Pereric Hogberg said that Sweden has always been a close friend of Vietnam in the past, today, and will continue to be in the future, noting that Vietnam is going ahead with its socio-economic success story. Sweden’s official development assistance (DOA) for Vietnam has maintained for 46 years and rose to more than US$4 billion. Sweden was Vietnam’s second biggest ODA donor in the 1970s, the biggest in the 1980s, and the fourth biggest in the 1990s. Bilateral cooperation has been targeted at health, paper production, afforestation, and administrative reform regarding taxation and law, with popular projects, including the Uong Bi hospital, the Vietnam National Children’s Hospital, and the Bai Bang paper plant. Partnerships are growing steadily across trade-investment, research exchange, education, culture, and tourism, with two-way trade outstripping US$1 billion annually and projected to grow even further. Sweden’s popular firms like ABB, Eriksson, H&M, IKEA, Volvo, AstraZeneca, Atlas Copco, SKP, Tetra Pak, and Electrolux have found their ways in Vietnam. The adoption of the EU-Vietnam Free Trade Agreement (EVFTA) will surely help strengthen Swedish presence in Vietnam. He also touched upon sectors of the two sides’ interest, including trade-investment, heath care, education, transport, information telecommunication, and environmental protection, noting that this year’s celebration of 50 years of bilateral ties will open up new prospects for the two countries to deep mutual understanding.