Attending and speaking at the Hungary-Vietnam Business Forum in Budapest on September 18, Vietnamese PM Nguyen Tan Dung called upon the host enterprises to promote their activities in Vietnam.
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PM Nguyen Tan Dung (center) attended the Hungary- Vietnam Business Forum, Budapest, September 18, 2009
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The Vietnamese leader said to the participants that, in recent years, Vietnam and Hungary have witnessed significant advancements in their economic and commercial relations. The two countries have signed some important cooperation documents on economics, investment, taxation, science and technology, and agriculture. The two-way trade value in 2008 reached US $110 million, nearly 25% higher than 2007.
Hungary considers Vietnam a priority development partner and has increased its ODA commitment for the Southeast Asian country to US $49.5 million in 2009. Hungarian are now investing US $42 million in seven projects in Vietnam.
The Vietnamse PM was quoted as saying that those results are not really commesurate to the good political relations, available potentials and aspiration of the two sides. He stated thatVietnam is taking some measures to stimulate development and prevent economic downturn.
He praised the Business Forum as a great chance for the business communities of the two countries to exchange information, seek for business opportunities and contracts.
He also expressed his strong belief that, in the time to come, enterprises of the two countries will have more effective and successful projects which can help to foster the nearly-60-year friendship between Vietnam and Hungary.
The chief of the Vietnamese Government welcomed and encouraged Hungarian businesses to expand their operations in Vietnam.
At the forum, many corporations of the two countries inked contracts on IT, education, urban environment, and aquaculture./.