Chairwoman of the National Assembly of Vietnam Nguyen Thi Kim Ngan and Speaker of the National Assembly of Hungary Kover Laszlo held talks in Budapest on April 10^th.

The two sides highly valued the outcomes of the seventh session of the Vietnam – Hungry joint committee on economic cooperation in Budapest on March 23^rd-24^th.

They agreed on bilateral cooperation plans, including measures to strengthen trade and economic exchanges via regular organisation of trade fairs and exhibitions.

Vietnam suggested Hungary increase investment in water resources, environment, medicine and pharmacy, food processing, bio-fertilizer production, and renewable energy.

Chairwoman of the National Assembly of Vietnam Nguyen Thi Kim Ngan (L) and Speaker of the National Assembly of Hungary Kover Laszlo. (Photo: VNA)

Vietnam also welcomes Hungary’s policy to boost bilateral economic ties, including the signing of a framework agreement on credit cooperation worth EUR 440 million (USD 465).

Education-training is a traditional cooperative field between the two countries. Hungary provides 100 scholarships each year for Vietnamese students to pursue studying in majors that are Hungary’s strengths such as renewable energy, support industry, environmental protection, water resources treatment, information technology, economics, agriculture, and health.

The two top legislators acknowledged the mutual support and coordination at regional and international interparliamentary forums.

They agreed to boost high-level delegation exchanges between legislative agencies and parliamentary friendship groups.

Mr. Laszlo affirmed to continue supporting and sharing experience in building law, monitoring the operation of the State apparatus and training personnel for Vietnam.

Both sides concurred to step up the implementation of cooperation agreements signed by the two countries’ governments along with their strategic collaboration projects.

They supported Vietnamese and Hungarian governments, localities, businesses and peoples to enhance exchanges for better understanding and win-win cooperation.

Chairwoman Ngan took this occasion to thank Hungary for supporting Vietnam’s candidacy for a seat in the Economic and Social Council for the 2016-2018 tenure and the U.N. Security Council for the 2020-2021 tenure.

She affirmed Vietnam’s advocacy for Hungary to run for a seat in the U.N. Human Rights Council in the 2017-2019 tenure.

For his part, Speaker Laszlo said Hungary has considered Vietnam to be its strategic partner in the Southeast Asian region since 2010.

He urged the two countries to boost cooperation in economics and trade, noting that the bilateral trade reached around USD 266 million in 2016, a year-on-year rise of 36 per cent.

After the talks, the two top legislators met with the press to inform the outcomes./.

VNF/VNA