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Viet Nam, Hungary to facilitate market access for business sector

Update: November, 28/2014 - 08:51
President Truong Tan Sang (left) reviews the guard of honour with Hungarian counterpart Janos Ader yesterday at the Presidential Palace in Ha Noi.— VNA/VNS Photo Nguyen Khang
HA NOI (VNS) — Viet Nam and Hungary will try and make it easier for their businesses to research markets and seek partners in an effort to tap trade potential.

This was decided by President Truong Tan Sang and his Hungarian counterpart, Janos Ader, during talks in Ha Noi yesterday.

Sang described the Hungarian leader's visit as an important milestone creating a strong force for stepping up friendship and co-operation.

He praised the valuable support given by Hungarian people to Viet Nam during its struggle for liberation and national reconstruction.

Ader said Hungary considered Viet Nam its traditional partner in the region and wanted to further develop relations.

He added that Hungary would open a consulate in HCM City next year to expand the partnership.

The leaders agreed to work with each other closely to celebrate the 65th anniversary of diplomatic ties, including photo exhibitions, film weeks, and art performances.

They were also unanimous in intensifying collaboration in education and training, science technology, defence, security, and agriculture.

The Vietnamese State leader proposed Hungary provide more official development assistance (ODA) for projects related to water resource management, afforestation, waste treatment, community healthcare and reform of the insurance system in Viet Nam.

He also thanked Hungary for increasing the annual number of scholarships for Vietnamese students from 40 to 100 from 2015, and for supporting the Vietnamese community living in the country.

Ader said that as a positive member of the European Union, Hungary would continue to enhance relations between Viet Nam and the EU, and push for the approval of a Framework Agreement on Comprehensive Partnership and Cooperation (PCA), the completion of negotiations on a free trade agreement and the EU's full recognition of Viet Nam as a market economy.

Regarding the East Sea issue, both sides agreed that all disputes must be solved by peaceful means on the basis of international law, especially the 1982 United Nations Convention on the Law of the Sea and the Declaration on the Conduct of Parties in the East Sea and a Code of Conduct in the East Sea should be created soon.

The two presidents also witnessed the signing of several documents, including memorandums of understanding between Viet Nam's Ministry of Information and Communications and Hungary's Ministry of National Development.

They also agreed to co-operate in plant protection and establish links between Radiol Viet Nam and Hungary's press agencies.

Another memo outlined the establishment of a joint venture between the Agribank Securities Joint Stock Company and the Buda-Cash Broker House Co.

Prime Minister Nguyen Tan Dung (R) meets with Hungarian President Ader in Ha Noi. — Photo VGP

Hungarian President Ader also met Prime Minister Nguyen Tan Dung.

Dung said the Vietnamese Government wantged to increase co-operation with Hungary and would work closely with the Hungarian Government to implement ties, particularly in trade, commerce and investment.

Ader said Hungary was interested in importing farm produce from Viet Nam and wished to support and co-operate with Viet Nam in the field of water management, safe water handling and provision, including projects to help treat water contaminated with arsenic.

He said Hungary would provide development assistance for the tumour hospital project in the Mekong Delta City of Can Tho and was willing to assist Viet Nam in making a map of bomb and mine pollution left by the wars.

National Assembly Chairman Nguyen Sinh Hung also received the Hungarian President.

Both said they were pleased at the development of parliamentary co-operation between the two countries. — VNS

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