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)