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Deputy PM receives Hungarian Minister of State

VGP - Deputy PM, FM Pham Binh Minh on January 11 welcomed Minister of State at Hungary’s Ministry of Foreign Affairs and Trade Balogh Csaba.

January 12, 2017 11:29 AM GMT+7

Photo: VGP

The Deputy PM hailed the two Governments’ efforts in accelerating the finalization of the framework agreement on credit cooperation worth € 440 million.

Mr. Minh said the deal is a good preparation for an official visit to Viet Nam slated for April by Hungarian PM Viktor Orban.

The signing of the agreement between the Vietnamese and Hungarian Governments represents an important landmark in the two countries’ diplomatic activities this year, he added.

Under this framework agreement, the two sides will implement many cooperation projects in the spheres of Hungary’s strength and Viet Nam’s demand such as water resources management, wastewater treatment, information technology, cyber security and health care, Minh noted.

He also glowingly spoke of cooperation mechanisms at all levels between the two countries and reiterated Vietnam's readiness to welcome the Hungarian PM this April.

Mr. Minh added bilateral trade remains low and is yet to match the countries’ potential and expectations. Hence, it is necessary to review the implementation of the minutes of the sixth session of their joint committee on economic cooperation so as to design new cooperation programmes in preparation for the seventh session, slated for March in Hungary.

In addition, the two sides acknowledged the role of Vietnamese people who were trained in Hungary in bolstering bilateral ties and deenping mutual understanding.

                                                                                                                        By Vien Nhu