A Vietnam-Hungary business forum took place in Hanoi on March 12 with nearly 120 enterprises from the two countries in attendance.

The meeting was designed to form affiliations between companies in various sectors including food processing, mechanics, energy, IT services and communications.

Addressing the forum, Industry and Trade Deputy Minister Ho Thi Kim Thoa pointed to the steady bilateral trade growth and emphasized that greater efforts are required for Vietnamese and Hungarian businesses to tap their trade potential .

Gabor Kun, Deputy CEO of Hungary’s National Trading House, said his agency set up a representative office in Vietnam to facilitate the international operations of Hungarian small- and medium-sized firms.

Vietnam and Hungary recently celebrated the 65th anniversary of the establishment of diplomatic relations (Feb 3, 1950).-VNA