Vietnam, Hungary expand cooperation

History

Vietnam and Hungary will promote cooperation in healthcare, education and training, investment and trade, agriculture, and tourism and share experience in handling a transitional economy.

The contents were announced by the minutes of the 2nd session of the Vietnam-Hungary Joint Committee for Economic Cooperation, signed in Hanoi on December 11. The two sides agreed to accelerate cooperation between governments and businesses, encourage their businesses and create favorable conditions for them to take part in investment and trade exhibitions and forge long-term cooperative ties.

Deputy Minister of Industry and Trade Bui Xuan Khu, Head of the Vietnamese subcommittee, expressed his hope that the two sides will soon implement projects using preferential credit and requested the Hungarian government to recognize Vietnam as a market economy in the near future.
He affirmed that the Vietnamese government will provide all favorable conditions for businesses of the two countries to expand cooperation. He thanked the Hungarian government for its assistance to Vietnam in the areas of agriculture, fisheries, education, economic and administrative reform and hoped that Viet Nam will receive more aid from Hungary.

György Gilyan, State Secretary and Head of the Hungarian subcommittee, said that the Hungarian government highly valued the country’s cooperative ties with Vietnam and pledged to actively support Vietnam in all fields. As a member of the European Union, Hungary is willing to act as a bridge for Vietnam’s commodities to enter the EU market and hopes that Vietnam will reciprocally help Hungary export goods to Southeast Asia, Gylian stressed.
(VNA)

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.