Hungarian-Vietnamese bilateral relations are expanding

Tuesday, November 19, 2013

The expansion of Hungarian-Vietnamese bilateral relations play an important role in the implementation of the government's Eastern Partnership policy stressed Secretary of State for Foreign Affairs and Foreign Economic Relations Péter Szijjártó at a press-conference after the Hungarian-Vietnamese Joint Economic Committee meeting on Tuesday in Budapest.

The tied aid credit program plays a major role in the economic cooperation between the two countries. In this context, Hungarian companies working on two major investment projects in Vietnam – a water management and development project and a provincial population registration system development project - amounted to EUR 20.1 million said Szijjártó. He added that talks have already started over a 500 million euro investment project in Vietnam financed by Eximbank, which include developing five hospitals, four water supply facilities and a higher education related investment is also part of the project.

Vietnamese Deputy Minister of Industry and Trade Ho Thi Kim Thoa, the Co-Chair of the Hungarian-Vietnamese Joint Economic Committee stressed that former students studied in Hungary and the Vietnamese business community play a major role in the expansion of economic cooperation between the two countries.

At the event, Vo Van Mai, chairman of the Vietnamese-Hungarian Business Council has been awarded with the Hungarian Order of Merit medal for his role in developing economic and trade relations between the two countries.

(mno.hu – hungarianambiance.com)

0 comments:

Post a Comment

Attention!
Comments using obscene language, or comments calling for hate and violence will be deleted.

Dear Reader,


The comment section of this blog has been shut down due to the activity of a nasty agent provocateur who has been targeting this website for quite some time.


Have a nice day!