Hungarian Foreign Minister to visit Vietnam

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.

Hungarian Foreign Minister to visit Vietnam hinh anh 1

Hungarian Minister of Foreign Affairs and Trade Peter Szijjártó (L) during Vietnam visit in 2016 (Photo: VNA)

The minister is scheduled to hold talks with Deputy Prime Minister and Foreign Minister Pham Binh Minh, pay a courtesy call to Prime Minister Nguyen Xuan Phuc, discuss with Minister of Culture, Sports and Tourism Nguyen Ngoc Thien about a cultural cooperation programme. Both sides will also discuss the building of a Hungarian cultural centre in Vietnam.

Hungarian Ambassador to Vietnam Ory Csaba said Szijjártó will also attend a ceremony to inaugurate a ceramic road partly funded by the Hungarian embassy.

Szijjártó’s Vietnam visit is part of Hungary’s plan to boost its “Look East” policy amid the COVID-19 pandemic.

According to Szijjártó, the role of “the East” in the global economy has significantly improved in recent years and balanced bilateral ties with Eastern countries will bring benefits to Hungarian enterprises. The COVID-19 pandemic is shaping a new global economic order in which Hungary wants to be one of the winners.

 

The upcoming visit also proves Hungary’s appreciation for Vietnam’s role and position in its “Look East” policy.

Due to COVID-19 that led to disruptions in the global supply chain, Hungarian enterprises tend to diversify potential markets, including the movement of their manufacturing operations to Vietnam. As Hungary lies in the centre of Europe, the Vietnamese firms will have a chance to learn about nearby markets, contributing to popularising Vietnamese trademarks in Europe in the near future.

Despite the pandemic, trade between the two nations still hiked in the first half of this year, amounting to 456.76 million USD, up 43.11 percent year-on-year. Vietnam’s exports to the European nation were mostly electronics and spare parts, transportation equipment, footwear and apparel while importing machinery and pharmaceuticals.

The two countries are facing difficulties in the disbursement of a 500 million EUR preferential credit package funded by the Hungarian Government. Only 60 million EUR of which have been disbursed for the construction of Can Tho Cancer Hospital.

Additionally, tens of thousands of workers lost jobs in Hungary due to the pandemic. Around 2,700 Vietnamese guest workers are in the European nation./.VNA

 
 

Other News

.
Mekong countries, RoK agree to lift relations to strategic partnership
Mekong countries, RoK agree to lift relations to strategic partnership
POLITICSicon  14/11/2020 

Mekong countries and the Republic of Korea (RoK) on November 13 agreed to lift bilateral relations to a strategic partnership.

Mekong countries and partners boost cooperation
Mekong countries and partners boost cooperation
POLITICSicon  14/11/2020 

The 2nd Mekong-the Republic of Korea Summit and the 12th Mekong-Japan Summit took place via teleconference in Hanoi.

Thinking on development should be renewed
Thinking on development should be renewed
FEATUREicon  14/11/2020 

In the 2021 - 2030 period, it is necessary to renew thinking, accelerate institutional reform, and apply scientific and technological advances, innovation and digital transformation.

Vietnam pledges contributions to regional COVID-19 fight
Vietnam pledges contributions to regional COVID-19 fight
POLITICSicon  13/11/2020 

Vietnam will contribute 100,000 USD to the ASEAN COVID-19 Response Fund and is committed to contributing $5 million worth of medical supplies to the Regional Reserve of Medical Supplies, 

Thai Deputy PM speaks highly of Vietnam as ASEAN 2020 Chair
Thai Deputy PM speaks highly of Vietnam as ASEAN 2020 Chair
POLITICSicon  14/11/2020 

Deputy Prime Minister and Foreign Minister of Thailand Don Pramudwinai talked about issues discussed at the 37th ASEAN Summit and related meetings, held virtually from November 12-15, and the role of Vietnam as the ASEAN Chair in 2020.

East Sea issues must be resolved peacefully, constructively: Malaysian PM
East Sea issues must be resolved peacefully, constructively: Malaysian PM
MARITIME SOVEREIGNTYicon  13/11/2020 

Malaysia is firm with its stance that matters relating to the East Sea (known as the South China Sea internationally) must be resolved peacefully and constructively, Prime Minister Muhyiddin Yassin said on November 12.

Vietnamese, Polish ministries sign MoU on finance cooperation
Vietnamese, Polish ministries sign MoU on finance cooperation
POLITICSicon  13/11/2020 

The finance ministries of Vietnam and Poland have signed a memorandum of understanding (MoU) on cooperation in a range of fields between the two sides.

12th Mekong-Japan Summit opens
12th Mekong-Japan Summit opens
POLITICSicon  13/11/2020 

The 12th Mekong-Japan Summit was held online on November 13, under the chair of Prime Minister Nguyen Xuan Phuc and his Japanese counterpart Suga Yoshihide.

Vietnamese PM chairs 21st ASEAN-RoK Summit
Vietnamese PM chairs 21st ASEAN-RoK Summit
POLITICSicon  13/11/2020 

Prime Minister Nguyen Xuan Phuc chaired the 21st ASEAN – Republic of Korea Summit in Hanoi on November 12.

23rd ASEAN-Japan Summit held online
23rd ASEAN-Japan Summit held online
POLITICSicon  13/11/2020 

The 23rd ASEAN-Japan Summit was held online under the chair of Vietnamese Prime Minister Nguyen Xuan Phuc.

ASEAN Women Leaders’ Summit held
ASEAN Women Leaders’ Summit held
POLITICSicon  13/11/2020 

The ASEAN Women Leaders’ Summit was held on November 12 within the framework of the 37th ASEAN Summit and related meetings.

ASEAN Women Leaders’ Summit encourages women to prove their role
ASEAN Women Leaders’ Summit encourages women to prove their role
POLITICSicon  13/11/2020 

The role of women and gender equality-related issues will be discussed comprehensively for the first time at the ASEAN Women Leaders’ Summit held online on November 12, 

Leaders stress need for post-pandemic economic recovery at ASEAN+1 summits
Leaders stress need for post-pandemic economic recovery at ASEAN+1 summits
POLITICSicon  13/11/2020 

Leaders of 10 ASEAN Member States and their partners of China, Japan, the Republic of Korea (RoK) and India discussed measures to boost post-pandemic economic recovery and ensure global supply chains 

PM speaks highly of Mekong-RoK cooperation
PM speaks highly of Mekong-RoK cooperation
POLITICSicon  13/11/2020 

With strong commitments and resolve of member countries, cooperation between Mekong countries and the Republic of Korea (RoK) has developed in both depth and width, Prime Minister Nguyen Xuan Phuc said on November 13.

China’s Coast Guard bill: ‘a test’ for the new US President
China’s Coast Guard bill: ‘a test’ for the new US President
MARITIME SOVEREIGNTYicon  13/11/2020 

While the world focused on the US presidential election, tensions in the East Sea have not been relieved as provocative actions from Beijing continued.

Connectivity could be the fourth pillar in ASEAN Community: Ambassador
Connectivity could be the fourth pillar in ASEAN Community: Ambassador
POLITICSicon  13/11/2020 

On the occasion of the 37th ASEAN Summit, Tran Duc Binh, Ambassador and Permanent Representative of Vietnam to ASEAN, wrote an article extolling the importance of the Master Plan on ASEAN Connectivity (MPAC),

Vietnam's ASEAN 2020 Chairmanship: Overcoming challenges to stay responsive
Vietnam's ASEAN 2020 Chairmanship: Overcoming challenges to stay responsive
POLITICSicon  12/11/2020 

Nguyen Quoc Dung, Vietnamese Deputy Minister of Foreign Affairs and head of Vietnam's ASEAN Senior Officials' Meeting, speaks to media about the contributions of Vietnam in its capacity as ASEAN Chair 2020

ASEAN and Vietnam’s active contributions
ASEAN and Vietnam’s active contributions
POLITICSicon  12/11/2020 

More than five decades since its establishment, the Association of Southeast Asian Nations has become a great economy and community in the world with security-political and cultural-social co-operation  that continues to deeply develop.

Summit will lead ASEAN through challenging times: Singaporean expert
Summit will lead ASEAN through challenging times: Singaporean expert
POLITICSicon  13/11/2020 

Choi Shing Kwok, director of the ISEAS-Yusof Ishak Institute and head of ASEAN Studies Centre at the institute, shared his views of the 37th ASEAN Summit  and Vietnam’s role as ASEAN chair in 2020.

National Assembly approves 6% GDP growth target for 2021
National Assembly approves 6% GDP growth target for 2021
POLITICSicon  12/11/2020 

The National Assembly (NA) on Wednesday morning passed a resolution on the socio-economic development plan for next year with majority of the delegates agreeing with proposals.

 
 
 
Leave your comment on an article

OR QUICK LOGIN