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Apr 11, 2017

Hungary builds bilateral partnership with Vietnam

Speaker of Parliament László Kövér said, after meeting Nguyen Thi Kim Ngan, chairperson of the National Assembly, that Vietnam is Hungary’s strategic partner in southeast Asia

Prime Minister Viktor Orbán has discussed bilateral economic ties with Vietnam’s National Assembly Chairwoman, Nguyen Thi Kim Ngan in Parliament on Monday.

According to MTI, the two leaders agreed that Hungarian-Vietnamese trade was expanding dynamically, which they said could be further boosted by a recently signed loan agreement between the two countries. Under the agreement, Hungarian companies will implement major investments in Vietnam in the areas of electronic public administration, water management and public health infrastructure.

The government reassured its Vietnamese partners of Hungary’s support for the swiftest possible implementation of a free trade agreement between the European Union and Vietnam. Nguyen Thi Kim Ngan also invited PM Orbán for an official visit to Vietnam in the autumn.

Speaker of Parliament László Kövér said, after meeting Nguyen Thi Kim Ngan, chairperson of the National Assembly, that Vietnam is Hungary’s strategic partner in southeast Asia.

Hungary respects and appreciates the scope of economic and social development Vietnam has undergone since the end of the Vietnam War in the mid-1970s, Kövér said. Nguyen Thi Kim Ngan praised the “excellent relationship and multifaceted cooperation” between the two countries.

The two parliaments will hold a seminar on legislation in Budapest on Tuesday, Kövér said. The event will continue in Vietnam, Nguyen Thi Kim Ngan added, with a session on agriculture, food safety and water management.