Budapest, (VNA) – National Assembly Chairman Vuong Dinh Hue and ahigh-level delegation of the Vietnamese legislature arrived at Liszt Ferencairport in Budapest, the capital of Hungary, in the afternoon June 25 (localtime), beginning an official visit at the invitation of ofthe Speaker of the National Assembly of Hungary, László Kövér.
Hue and the delegation were welcomed at the airport by Deputy Speaker of the Hungarian parliament István Jakab, HungarianAmbassador to Vietnam Ory Csaba and Vietnamese Ambassador to HungaryNguyen Thi Bich Thao, among others.
The visit of NA Chairman Hue takes place amid gooddevelopment of the Vietnam-Hungary ties after the two countries elevated theirrelationship to a comprehensive partnership during the visit in 2018 of Vietnam’sParty General Secretary Nguyen Phu Trong.
Hungary has been very active in pushing forthe ratification of the EU-Vietnam FTA. It was also the first among EU memberstates to ratify the EU-Vietnam Investment Protection Agreement (EVIPA).
The two-way trade totalled 1.1 billion USD last year with improved balance oftrade, despite impacts of COVID-19.
Education-training is a traditional cooperation field between the two sides, withthousands of Vietnamese having received training in Hungary. The Europeannation has been the largest provider of scholarships for Vietnamese studentsamong EU nations. It is taking necessary steps to establish a Hungariancultural centre in Hanoi.
It has been committed to providing Vietnam with ODA loans worth 440 million EURfor the implementation of a number of priority projects in Vietnam.
The two parliaments have also maintained theexchange of high-ranking delegations, sharing of experience and exchangesbetween their committees and parliamentary friendship groups, along with closecoordination at regional and international inter-parliamentary forums likeAIPA, AIPA, IPU, APPF, ASEP or APF.
The visit demonstrates the political resolve of both sides topromote parliamentary cooperation, particularly in building and completing alegal corridor to facilitate stable and long-term operation for their investorsand businesses, and promote collaboration in multiple areas./.