Vietnam, Hungary seek ways to further all-around cooperation

Prime Minister Nguyen Xuan Phuc and his Hungarian counterpart Viktor Orban have discussed a score of measures to promote comprehensive cooperation between the two nations
vietnam hungary seek ways to further all around cooperation

Talks were held between Prime Minister Nguyen Xuan Phuc and Prime Minister Viktor Orban following a welcome ceremony in Hanoi on September 25.

The Vietnamese government leader told his guest that Vietnam always values ties with traditional friends in the Central and Eastern Europe, including Hungary as a priority partner.

In turn, Viktor Orban said that his nation always regards Vietnam as a prioritised traditional friendly partner in the region and desires to promote all-around ties with the country.

PM Phuc hailed Hungary for considering Vietnam a priority partner in its official development assistance (ODA) policy by granting a total preferential loan of 535 million EUR, 440 million EUR of which was put forth within the framework agreement on financial cooperation signed in January 2017.

He applauded the signing of Memorandum of Understanding on the implementation of the framework agreement on financial cooperation and

thanked the Hungarian government for helping Vietnam build Can Tho Oncology Hospital through its preferential loans.

vietnam hungary seek ways to further all around cooperation

The two leaders reached a consensus on specific measures to enhance links across education-training, culture-tourism, labour, health care, natural resources-environment, national defence-security.

They also consented to increase the efficiency of the Inter-Committee on Economic Cooperation mechanism, and trade and investment by making it easier for the two countries’ businesses to form networking and navigate each other’s market, especially in fields of Hungary’s strength and Vietnam’s demand such as the exploitation of water resources, environment protection, pharmaceuticals, animal husbandry, food processing and renewable energy.

PM Phuc thanked Hungarian government for providing 200 scholarships to Vietnamese students each year, and suggested increasing scholarships for those majoring in health care, pharmaceuticals, biotechnology, and information technology.

He also thanked the Hungarian government for backing Vietnam’s bid to run for a seat at the United Nations Security Council for the 2020-2021 tenure and welcomed Hungary’s active role in the Asia-Europe Meeting and the Mekong-Danube cooperation mechanism.

Hungary supports Vietnam in strengthening ties with the European Union, including the early signing and ratification of the European Union – Vietnam Free Trade Agreement, he said.

Regarding the East Sea issue, they underlined the need to settle disputes by peaceful means in line with international law.

Viktor Orban pledged

all possible support to Vietnamese nationals living in the country, thus making it easier for them to act as a bridge for bilateral friendship and collaboration.

vietnam hungary seek ways to further all around cooperation

Following the talks, the two government leaders hosted a press conference, issued a joint statement and witnessed the signing of cooperation agreements on finance, culture, education, agriculture, labour, information technology and communications, and a twining agreement between the Mekong Delta city of Can Tho and a Hungarian city.

Source: VOV

Related News

Vietnam, Korea Customs sign AEO MRA

Vietnam, Korea Customs sign AEO MRA

VCN- The Director General of the General Department of Vietnam Customs (GDVC), Mr Nguyen Van Tho, and the Commissioner of Korea Customs Service (KCS), Mr Ko Kwang Hyo, signed the Authorized Economic Operator Mutual Recognition Agreement (AEO MRA) on the afternoon of December 24, at the GDVC’s headquarters.
Prioritizing semiconductor workforce training

Prioritizing semiconductor workforce training

VCN - Vietnam is well-positioned to participate deeply in the global semiconductor industry. Experts believe that developing a skilled workforce in microchips and semiconductors should be a long-term priority to effectively capitalize on this opportunity.
Vietnam-Cambodia: Looking back on journey of cooperation

Vietnam-Cambodia: Looking back on journey of cooperation

VCN – The bilateral meeting between the General Department of Vietnam Customs (GDVC) and the General Department of Customs and Excise of Cambodia (GDCEC) was held by the GDVC on December 9.
Vietnam-China e-commerce: A perspective from Lang Son border

Vietnam-China e-commerce: A perspective from Lang Son border

VCN - Cross-border e-commerce is currently a hot topic among e-commerce businesses, particularly those actively developing digital platforms and cross-border electronic payment infrastructures through border gates in Lang Son province.

Latest News

Việt Nam establishes central steering committee to lead innovation and digital transformation

Việt Nam establishes central steering committee to lead innovation and digital transformation

This initiative seeks to position Việt Nam as a regional hub for digital technology industries and rank among the top 30 nations globally in innovation and digital transformation by 2045.
Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

VCN - To help businesses increase their exports, Ho Chi Minh City has many forms of support and connection between businesses and foreign partners to expand their markets.
Year-end stimulus expected to boost economic growth

Year-end stimulus expected to boost economic growth

A series of year-end stimulus solutions is expected to spur Việt Nam’s economy to achieve the GDP growth target of over 7 per cent this year.
Enterprises focus on Tet care for employees

Enterprises focus on Tet care for employees

VCN - Tet bonuses are always an issue that receives special attention from employees at the end of each year. This year, the economy is facing many difficulties, many enterprises in the southern provinces have announced Tet bonuses, reflecting their tireless efforts to ensure the rights of employees.

More News

Experts point out economic growth drivers, challenges for next year

Experts point out economic growth drivers, challenges for next year

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.
Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
PM asks efforts to achieve more than 8 per cent economic growth in 2025

PM asks efforts to achieve more than 8 per cent economic growth in 2025

Prime Minister Phạn Minh Chính has issued Official Dispatch No 137/CĐ-TTg on Friday on accelerating economic growth next year.
Việt Nam

Việt Nam's administrative restructuring will not impact foreign investors, says Foreign Ministry

Under the restructuring roadmap, the government will retain eight ministries and agencies but streamline their internal structures. For the remaining 14, the government will carry out reorganisation and mergers to reduce the number of administrative bodies.
Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Prime Minister Pham Minh Chinh, head of the Government Steering Committee for summarising the implementation of Resolution 18-NQ/TW of the 12th Party Central Committee, which seeks to streamline the political system for greater efficiency and effectiveness, chaired the fifth meeting of the committee in Hanoi on December 19.
Vietnam among Asia’s 15 largest economies

Vietnam among Asia’s 15 largest economies

The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some 506 billion USD in 2025.
Chinese media praises Vietnam’s economic achievements, outlook

Chinese media praises Vietnam’s economic achievements, outlook

Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.
Vietnam International Defence Expo 2024 opens

Vietnam International Defence Expo 2024 opens

The Vietnam International Defence Expo 2024 is due to kick off on December 19 morning at Gia Lam airport in Hanoi, gathering more than 200 units and enterprises from over 30 countries worldwide.
Read More

Your care

Latest Most read
Việt Nam establishes central steering committee to lead innovation and digital transformation

Việt Nam establishes central steering committee to lead innovation and digital transformation

This initiative seeks to position Việt Nam as a regional hub for digital technology industries and rank among the top 30 nations globally in innovation and digital transformation by 2045.
Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

To help businesses increase their exports, Ho Chi Minh City has many forms of support and connection between businesses and foreign partners to expand their markets.
Year-end stimulus expected to boost economic growth

Year-end stimulus expected to boost economic growth

A series of year-end stimulus solutions is expected to spur Việt Nam’s economy to achieve the GDP growth target of over 7 per cent this year.
Enterprises focus on Tet care for employees

Enterprises focus on Tet care for employees

VCN - Tet bonuses are always an issue that receives special attention from employees at the end of each year. This year, the economy is facing many difficulties, many enterprises in the southern provinces have announced Tet bonuses, reflecting their tirel
Experts point out economic growth drivers, challenges for next year

Experts point out economic growth drivers, challenges for next year

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.
Mobile Version