Vietnam-Hungary Trade Promotion Seminar in Szeged: Strongly boosting bilateral business cooperation
WVR - On October 28, in the city of Szeged, the Embassy of Vietnam in Hungary, in collaboration with the Hungarian Chamber of Commerce and Industry (Csongrád-Csanád County), the Hungary-Vietnam Business Council, and the Hungarian Export Promotion Agency, organized the Vietnam-Hungary trade promotion seminar.
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| Vietnam-Hungary Trade Promotion Conference. (Source: Embassy of Vietnam in Hungary) |
The conference was attended by Ambassador Bui Le Thai, trade officials, and staff from the Vietnamese Embassy in Hungary, the President of the Chamber of Commerce and Industry of Csongrád-Csanád County, the President of the Hungary-Vietnam Business Council, leaders of the Hungarian Export Promotion Agency, and numerous business representatives from both countries.
In his speech at the conference, Ambassador Bui Le Thai emphasized the significance of the event in Szeged – a potential economic hub of Hungary – in connecting the business communities of the two countries. This contributes to the robust development of Vietnam-Hungary economic and trade relations, matching the potential and strengths of both nations.
The Ambassador affirmed that Vietnam is currently one of Asia's top safe and attractive investment destinations, with a transparent, stable business environment, preferential policies, a young, skilled workforce, and a market of over 100 million people.
The amended Investment Law continues to simplify procedures, reduce costs, increase transparency, and create maximum convenience for foreign investors. Ambassador Bùi Lê Thái also highlighted the capability of Vietnamese enterprises to meet high-quality standards and consumer preferences in the EU market, including Hungary.
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| Vietnam is currently one of Asia's top safe and attractive investment destinations. (Source: Embassy of Vietnam in Hungary) |
Vietnam is now among the top five global agricultural exporters, with key products such as coffee, cashew nuts, pepper, tea, rice, tropical fruits, and seafood, which have established a strong brand presence in the international market and are increasingly favored by European consumers, including those in Hungary.
Additionally, Vietnam is becoming a production hub for electronic components and smartphones for major global corporations like Samsung, Intel, and LG. Textile, footwear, furniture, and handicraft products also hold significant export potential, meeting the quality standards and consumer preferences of the European market.
At the conference, delegates focused on discussing cooperation opportunities in fields such as pharmaceuticals, biomedicine, food processing, clean energy, digital technology, smart manufacturing, environmental technology, and water and waste treatment.
Many Hungarian businesses expressed interest in expanding investment and business cooperation with Vietnam, while Vietnamese enterprises affirmed their determination to boost exports to Hungary, effectively leveraging the benefits of the Vietnam-EU Free Trade Agreement (EVFTA).
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| Vietnam's exemplary export products. (Source: Embassy of Vietnam in Hungary) |
Within the framework of the conference, the Embassy showcased Vietnam's exemplary export products, such as coffee, tea, cashew nuts, rice, processed fruits, and handicrafts. This provided an opportunity for businesses and attendees to directly experience the design, packaging, and quality of Vietnamese goods.
Concluding the event, delegates and guests enjoyed Vietnam's distinctive cuisine and watched a video clip about the 75-year journey of Vietnam-Hungary friendship, Vietnam's development achievements over the past 80 years, along with promotional images of Vietnam's country, people, and tourism.
The conference is one of the highlight activities in the series of events commemorating the 75th anniversary of Vietnam-Hungary diplomatic relations, bringing many practical results, opening up new cooperation opportunities, and deepening economic, trade, and investment relations between Vietnam and Hungary.
Some images from the Vietnam-Hungary trade promotion conference:
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(Source: Embassy of Vietnam in Hungary)
