At a meeting with Hungarian President Solyom Laszlo in HCM City on May 18, Chairman Quan said that the city currently has only two Hungarian investment projects in operation with a combined capital of US$3.5 million and representatives offices of three Hungarian companies. Mr Quan expressed his hope that Hungarian businesses will pay more attention to education, environmental protection and software industry.

For his part, President Laszlo said the agreements reached by the two countries would usher in a new stage of bilateral cooperation. He believed that more than 2,000 Vietnamese people who have studied in Hungary would effectively help boost the 60-year valuable relationship, especially in the economic and trade areas.

President Laszlo expressed his interest in the issue of investment in HCM City’s infrastructure, environmental protection and water treatment and his hope that the stock exchanges of HCM City and Budapest will sign specific cooperation accords.