The initiative follows the Memorandum of Understanding (MOU) recently signed between the Port of Gothenburg and the SP-SSA International Terminal (SSIT) of Vung Tau. Vice President Xuan said Vietnam is transitioning toward a digital economy, green growth, and sustainable development in response to climate change. According to her, Vietnam is undertaking institutional reform to improve business environment, create favourable conditions for both global and domesiic companies, particularly those with long-standing cooperation like Sweden, to invest in Vietnam. Jacob Wallenberg, Vice President of Ericsson Group, underscored the transformative potential of 5G technology and Vietnam's growing interest in it. He expressed his confidence in the prospects for continued partnership in this area, stressing that adopting 5G technology is crucial for Vietnam to become a more attractive investment destination.