Vietnam Boosting Exports to Hungary
The Vietnam Chamber of Commerce and Industry (VCCI) and the Asian Center July 15 co-organized a seminar on the Hungarian market in Hanoi in order to help local businesses increase their exports to the Eastern European country.
The event highlighted business opportunities, advantages and disadvantages Vietnamese entrepreneurs might see while getting involved in the market.
Hungary is now attracting a large number of foreign investors thanks to its simplified administrative procedures and its convenient location on the commercial route that connects Asia-Pacific and Europe, said Asian Centre Managing Director Jancso Janos.
Vietnam&rsquos major exports to Hungary include coffee, tea, pepper, rice, footwear, garments and food materials.
Vietnam and Hungary established diplomatic ties February 3, 1950. The two-trade however, is very modest, nearly US$100 million in 2007. (VNA)
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