The Vietnam Union of Friendship Organisations and the Vietnam-Hungary Friendship Association celebrated Hungary’s National Day in Ho Chi Minh City on August 20.

President of Vietnam-Hungary Friendship Association in HCM City Le Minh Triet said Vietnam always remembers the valuable support by the Hungarian Government and people during the country’s struggles for national liberation and post-war reconstruction.

On this occasion, Triet also expressed his pleasure to see a boost in the cooperation in economics, culture and education between the two countries.

The two-way trade has grown remarkably, reaching around 150 million USD last year. Hungary has now run 11 projects in Vietnam. The country grants 50 scholarships each year to Vietnamese students and postgraduates and continues to put Vietnam in its ODA priority list.

At the ceremony, Hungarian Chargé d’Affraires Horvath Gellert expressed his delight at the bilateral relations which have further developed following visits made by the high-ranking delegations.

The two-way trade turnover has increased by 30 percent over the past years, but has yet to meet each nation’s potential, he said, adding that to bolster the trade tie, the Hungarian National Trading House opened its representative office in Hanoi in June to promote the two countries’ businesses.-VNA