Deputy PM, FM highlights Vietnam-Hungary traditional friendship

Deputy Prime Minister and Foreign Minister Pham Binh Minh highlighted the traditional friendship between Vietnam and Hungary during talks with the Hungarian Minister of Foreign Affairs and Trade, Péter Szijjártó, in Hanoi on October 16.

Deputy PM, FM highlights Vietnam-Hungary traditional friendship hinh anh 1

Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and Hungarian Minister of Foreign Affairs and Trade, Péter Szijjártó (Photo: VNA)

Minh expressed his belief that the minister’s visit to Vietnam on October 15 and 16 will create new momentum for bilateral ties.

The upgrading of the comprehensive partnership during the visit to Hungary by Party General Secretary Nguyen Phu Trong in September 2018 has provided a firm foundation for advancing relations, he continued.

For his part, the guest said that Hungary wishes to enhance the comprehensive partnership and spoke highly of Vietnam’s increasingly important role and position in the region.

The two officials expressed pleasure at the active development of bilateral cooperation and agreed on specific orientations and measures to boost relations in the time ahead.

They spoke highly of coordination and mutual support in elections and candidacies at major UN agencies and organisations.

The two shared the view that bilateral economic-trade ties have remained stable but are yet to match potential and wishes.

They therefore agreed to encourage and facilitate business links, especially in areas where Hungary possesses strength and Vietnam has demand, such as water resources exploitation, environmental protection, pharmaceuticals, food processing, renewable energy, manufacturing and processing, defence industry, and infrastructure.

Minh thanked Hungary for supporting the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and for being the first EU member country to approve the EU-Vietnam Investment Protection Agreement (EVIPA).

These deals have brought about pratical benefits to trade and investment links between the two countries and contributed to connecting the EU and Hungary with ASEAN and Asia-Pacific.

Minh also expressed his appreciation of Hungary’s view of Vietnam as a priority partner in its ODA policy, adding that a number of ODA projects have generated socio-economic outcomes and contributed practically to the country’s sustainable development.

 

The two sides consented to closely coordinate with each other to push ahead with the disbursement of approved projects using Hungarian preferential loans within the framework of the financial cooperation agreement worth 440 million EUR signed by the two countries in 2017.

They compared notes on orientations to boost partnerships in other spheres, such as national defence and security, education and training, health care, agriculture, culture and tourism, natural resources and environment, and employment, as well as cooperation between the two foreign ministries, covering personnel training.

The officials also exchanged views on regional and international issues of shared concern, including the East Sea issue./.

Vietnam, Hungary sign MoU on financial cooperation

Deputy PM, FM highlights Vietnam-Hungary traditional friendship
At the signing ceremony (Photo: VNA)



The Ministries of Finance of Vietnam and Hungary signed a memorandum of understanding (MoU) on financial cooperation in Hanoi on October 16.

Vietnamese Minister of Finance Dinh Tien Dung said the signing of the MoU builds upon the positive achievements from an MoU signed in 2017 between the Vietnamese Ministry of Finance and the Hungarian Ministry for National Economy (now the Ministry of Finance), contributing to strengthening the bilateral friendship and traditional cooperation and expanding international cooperation in finance.

The MoU will help strengthen bilateral dialogue and coordination in fields of shared concern, especially financial analysis and forecasting and the macro-economy.

It will also help build policies, manage budget collection-expenditure and public debts, and develop Government bond markets and other economic-finance issues.

The signing is also of significance at a time when the two countries are celebrating the 70th founding anniversary of bilateral diplomatic ties in 2020./. VNA

 
 

Other News

.
Vietnam chairs UNSC session on South Sudan
Vietnam chairs UNSC session on South Sudan
POLITICSicon  17/10/2020 

Vietnamese ambassador to the UN Dang Dinh Quy on October 16 virtually hosted a UN Security Council session, examining progress and challenges related to children and armed conflicts in South Sudan.

Japanese Prime Minister's official visit to Vietnam to start this Sunday
Japanese Prime Minister's official visit to Vietnam to start this Sunday
POLITICSicon  16/10/2020 

The Vietnamese Ministry of Foreign Affairs has released a statement saying that Japanese Prime Minister Suga Yoshihide’s official visit to Vietnam is going to start on October 18.

Provinces convene Party congresses for 2020-2025 tenure
Provinces convene Party congresses for 2020-2025 tenure
POLITICSicon  16/10/2020 

The Party Committees of many provinces across the country convened their congresses for the 2020-2025 tenure on October 15 in the presence of senior Party and State leaders.

Top leaders of many provinces named
Top leaders of many provinces named
POLITICSicon  16/10/2020 

Many provinces and cities have organized Party Congresses to elect their top leaders.

Foreign ministry confirms visit by Japanese PM
Foreign ministry confirms visit by Japanese PM
POLITICSicon  16/10/2020 

Japanese Prime Minister Suga Yoshihide will pay an official visit to Vietnam in the very near future at the invitation of his Vietnamese counterpart Nguyen Xuan Phuc, Foreign Ministry spokesperson Le Thi Thu Hang affirmed on October 15.

37th ASEAN Summit slated for mid-November
37th ASEAN Summit slated for mid-November
POLITICSicon  16/10/2020 

The 37th ASEAN Summit is expected to take place in mid-November, and as ASEAN Chair this year, Vietnam is joining other member countries to actively prepare for this important event, according to Spokeswoman of the Foreign Ministry Le Thi Thu Hang.

SBV governor to lead Party Central Committee Office
SBV governor to lead Party Central Committee Office
POLITICSicon  16/10/2020 

The Politburo has picked Le Minh Hung, governor of the State Bank of Vietnam (SBV), head of the Party Central Committee Office, replacing Nguyen Van Nen.

Vietnam orders COVID-19 vaccines from foreign partners: Spokeswoman
Vietnam orders COVID-19 vaccines from foreign partners: Spokeswoman
POLITICSicon  15/10/2020 

Vietnam has ordered COVID-19 vaccines from some partners, including in Russia and the UK, spokeswoman of the Foreign Ministry Le Thi Thu Hang told a regular press conference on October 15.

Vietnam protests establishment of so-called Sansha city
Vietnam protests establishment of so-called Sansha city
MARITIME SOVEREIGNTYicon  15/10/2020 

Vietnam strongly protests the establishment of the so-called Sansha city in Phu Lam Island in Vietnam’s Hoang Sa archipelago and related activities as they seriously violate Vietnam’s sovereignty, Foreign Ministry spokesperson Le Thi Thu Hang said.

11th Congress of Ho Chi Minh City Party Organisation opens
11th Congress of Ho Chi Minh City Party Organisation opens
POLITICSicon  15/10/2020 

The 11th Congress of the Ho Chi Minh City Party Organisation for the 2020-2025 tenure opened on October 15, with 444 delegates taking part.

Vietnam, Indonesia call for dialogues to establish peace in Colombia
Vietnam, Indonesia call for dialogues to establish peace in Colombia
POLITICSicon  15/10/2020 

Vietnam and Indonesia, the two ASEAN member states at the United Nations Security Council (UNSC), laid stress on the need to enhance dialogues and carry out peace commitments in Colombia.

Hungarian Foreign Minister to visit Vietnam
Hungarian Foreign Minister to visit Vietnam
POLITICSicon  15/10/2020 

Hungarian Minister of Foreign Affairs and Trade Peter Szijjártó will pay an official visit to Vietnam on October 16, on the occasion of the 70th anniversary of the two countries’ diplomatic ties.

Top leader meets Hanoi voters ahead of NA’s 10th session
Top leader meets Hanoi voters ahead of NA’s 10th session
POLITICSicon  15/10/2020 

Party General Secretary and State President Nguyen Phu Trong, together with other National Assembly (NA) deputies of Hanoi, met with voters from Ba Dinh, Hoan Kiem, and Tay Ho districts on October 14.

Japanese Deputy FM expresses concerns over recent developments in East Sea
Japanese Deputy FM expresses concerns over recent developments in East Sea
POLITICSicon  15/10/2020 

Deputy Foreign Minister and head of SOM ASEAN of Viet Nam Nguyen Quoc Dung and Senior Deputy Minister for Foreign Affairs of Japan Takeo Mori co-chaired the 35th ASEAN-Japan Forum, which was held virtually on October 14.

COVID-19, economic development and corruption voters' biggest concerns
COVID-19, economic development and corruption voters' biggest concerns
POLITICSicon  14/10/2020 

The coronavirus pandemic, Vietnam’s socio-economic performance, and corruption issues were the top of voters’ concerns at a meeting chaired by Prime Minister Nguyen Xuan Phuc in Hai Phong City on Tuesday.

Vietnam, Indonesia call for int’l support for Great Lakes Region
Vietnam, Indonesia call for int’l support for Great Lakes Region
POLITICSicon  14/10/2020 

Vietnam and Indonesia have emphasised the need to give priority to promoting intra-regional cooperation in the Great Lakes Region in Africa on the basis of peace and stability goals, 

USAID helps Vietnam strengthen e-Government capacity
USAID helps Vietnam strengthen e-Government capacity
POLITICSicon  14/10/2020 

USAID helps Vietnam strengthen e-Government capacity

Japanese PM confirms to visit Vietnam, Indonesia in mid-October
Japanese PM confirms to visit Vietnam, Indonesia in mid-October
POLITICSicon  14/10/2020 

Japanese Prime Minister Yoshihide Suga, who took office on September 16, has confirmed his destinations for the first overseas trip will be Vietnam and Indonesia.

Vuong Dinh Hue re-elected Hanoi Party Committee Secretary
Vuong Dinh Hue re-elected Hanoi Party Committee Secretary
POLITICSicon  13/10/2020 

Politburo member and Secretary of the 16th-tenure Hanoi Party Committee Vuong Dinh Hue was elected Secretary of this committee for the 17th tenure with 100 percent of the vote on October 13 morning.

“Locking power in the cage of mechanisms” and 13th National Party Congress personnel work
“Locking power in the cage of mechanisms” and 13th National Party Congress personnel work
FEATUREicon  13/10/2020 

"Locking power in the cage of mechanisms" is an issue that has been repeated in many speeches by Party Secretary General and President Nguyen Phu Trong.

 
 
 
Leave your comment on an article

OR QUICK LOGIN