Hungary, Vietnam deploy cooperation projects

17:33 | 13/08/2015 Cooperation

(VEN) - Hungarian Ambassador to Vietnam Csaba Ory in a talk with Vietnam Economic News reporter said he would promote several cooperative activities in economics, culture and education during his tenure in order to further tighten the relationship between the two countries.

Hungary, Vietnam deploy cooperation projects

Ory said that Hungary had decided to launch projects funded by official development assistance, including the Can Tho Tumor Hospital, the Red River water treatment and population management at a national scale as well as projects related to cancer prevention and management of cancer patients in Vietnam.

The 500-bed Can Tho Tumor Hospital will cost €60 million. While the Red River water treatment project cost US$300 million, including US$60 million from Hungary and the remainder from credit funds between the two countries. The project will have a capacity of 450,000cu.m a day and is expected to be completed by 2030. Administrative procedures for the project have been basically finalized.

The ambassador when talking about economic cooperation between the two countries said that two-way trade turnover growth has reached an average of around 10 percent a year, but has not been commensurate with potential and advantages. Therefore, to further increase trade turnover in the coming time, Hungary will deploy trade promotion activities and seek cooperation opportunities to conduct technology transfer with Vietnamese businesses, while promoting investment in information technology, medical equipment, food and beverages, environmental protection and water treatment.

Cultural and tourism cooperation also needs to be promoted. The ambassador is willing to organize a Hungarian Book Week in Vietnam and support the translation of contemporary literary works of the two countries into Vietnamese and Hungarian in order to create favorable conditions for promoting cooperation and exchanges.

Hungarian Ambassador to Vietnam Csaba Ory said that Hungary is opening a consulate general in Ho Chi Minh City. The chairman of the Hungarian National Assembly is expected to attend the inauguration ceremony of its consulate general in Ho Chi Minh City this autumn.


Nguyen Huong