Hungary, Vietnam expand water, nuclear cooperation

Deals

Hungary and Vietnam are expanding their cooperation in the area of nuclear energy, President János Áder said after talks with his Vietnamese counterpart Truong Tan Sang in Budapest yesterday.

In the coming years, almost 2,000 Vietnamese experts will be trained with the help of Hungarian engineers, Áder said. Vietnam wants to put its own nuclear power plant into operation by 2020.

Also achieved at the meeting was the conclusion of a framework agreement on water management for flood defense and water-quality control. The agreement build on previous accords between the two nations, most recently resulting in the subcontracting of Budapest Water Works to found a new water treatment facility in Hanoi.

Sang promised greater exposure for Hungarian products within the Association Southeast Asian Nations (ASEAN) markets and is travelling with a delegation of 70 Vietnamese business leaders who are meeting potential Hungarian partners at a forum today.

Hungary was publicly described by Sang during his visit as “one of Vietnam’s most significant traditional Central European friends” and “an important corridor to the European Union.”

– Material by Gergő Rácz was used in this story

 

 

 

 

 

Number of Thefts in Capital Edges Higher in 2023 Figures

Number of Thefts in Capital Edges Higher in 2023

Magyar Drops Audio Suggesting Gov't Meddling in Corruption C... Government

Magyar Drops Audio Suggesting Gov't Meddling in Corruption C...

Spring Weather Raising Interest in Leisure Products Retail

Spring Weather Raising Interest in Leisure Products

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.