Vietnam-Hungary Business Forum (Source: VNA)Hanoi (VNA) – Vietnamese and Hungarianbusinesses had a chance to step up their cooperation in such areas as information-technologyand high-tech agriculture at a forum in Hanoi on September 25.
The Vietnam-Hungary Business Forum took place on theoccasion of Hungarian Prime Minister Viktor Orban’s official visit to Vietnamfrom September 24-25.
Addressing the event, Pham Thi Thu Hang, GeneralSecretary of the Vietnam Chamber of Commerce and Industry (VCCI), highlightedthe thriving trade ties between the two countries, with total two-way trade in2016 reaching 266 million USD, up 35.7 percent.
Of the figure, Vietnam’s export to Hungary hit 93million USD, representing an increase of 41 percent.
In the firstfour months of this year, the bilateral trade was 104.4 million USD, a rise of8.3 percent against the same period last year. Vietnam’s export to Hungary stoodat nearly 50.6 million USD, up 102 percent, and its import was 53.8 millionUSD, up 69 percent.
However, Vietnam just ships computers, electronics,means of transportation, spare parts, garments-textiles and footwear to theEuropean country.
The participating Hungarian enterprises operate inagricultural services, mechanics in service of agriculture, food processing,industrial waste treatment, heavy and light industries, health care, IT,banking, architecture and construction materials and household utensilproduction.
Jamniczky Zsolt, a representative of E.ON Company,Hungary’s leading energy provider, said his company wants to study theVietnamese market to invest in energy and energy equipment, especially solarpower.
Some Hungarian firms said they are seeking skillfuland blue-collar labourers to work in Hungary.-VNA
The Vietnam-Hungary Business Forum took place on theoccasion of Hungarian Prime Minister Viktor Orban’s official visit to Vietnamfrom September 24-25.
Addressing the event, Pham Thi Thu Hang, GeneralSecretary of the Vietnam Chamber of Commerce and Industry (VCCI), highlightedthe thriving trade ties between the two countries, with total two-way trade in2016 reaching 266 million USD, up 35.7 percent.
Of the figure, Vietnam’s export to Hungary hit 93million USD, representing an increase of 41 percent.
In the firstfour months of this year, the bilateral trade was 104.4 million USD, a rise of8.3 percent against the same period last year. Vietnam’s export to Hungary stoodat nearly 50.6 million USD, up 102 percent, and its import was 53.8 millionUSD, up 69 percent.
However, Vietnam just ships computers, electronics,means of transportation, spare parts, garments-textiles and footwear to theEuropean country.
The participating Hungarian enterprises operate inagricultural services, mechanics in service of agriculture, food processing,industrial waste treatment, heavy and light industries, health care, IT,banking, architecture and construction materials and household utensilproduction.
Jamniczky Zsolt, a representative of E.ON Company,Hungary’s leading energy provider, said his company wants to study theVietnamese market to invest in energy and energy equipment, especially solarpower.
Some Hungarian firms said they are seeking skillfuland blue-collar labourers to work in Hungary.-VNA
VNA
