For its part, Vietnam is backing Luxembourg's candidacy for the post of non-permanent member at the UN Security Council.

[4] Vietnam is one of the ten key countries in Luxembourg's development cooperation program.

[5] The countries have agreed to build a legal framework to facilitate business ties.

[6] At a meeting between Vietnamese Prime Minister Nguyễn Tấn Dũng and his Luxembourg counterpart, Jean-Claude Juncker, in September 2006, the two Prime Ministers agreed the need to boost bilateral trade ties based on the combination of Luxembourg's advanced technology and Vietnam's intensive labour force.

[8] In December 2008, according to Vietnam National Assembly Chairman Nguyễn Phú Trọng, there was still much potential for further economic and commercial co-operation.