Vietnam seeks to revise its 1996 tax treaty and investment pact with Switzerland to reflect recent changes and boost bilateral economic ties.
Vietnam expressed interest in revising the Switzerland–Vietnam Income and Capital Tax Treaty (1996) and the investment protection agreement (IPA) during a meeting with Swiss officials in Geneva on 29 July 2025.
The proposal was made during a bilateral meeting between Vietnamese and Swiss officials held in Geneva on the same date.
Vietnam aims to update and enhance the provisions of the current agreements to reflect recent developments and strengthen economic cooperation between the two countries.
The 1996 tax treaty governs the allocation of taxing rights on income and capital between Vietnam and Switzerland and includes provisions to prevent double taxation. The IPA outlines terms for the mutual protection of investments made by investors from either country.
