President Luong Cuong receives Speaker of the Hungarian National Assembly Kover Laszlo in Hanoi. (photo: Viet Cuong/ VOV)

Both sides expressed satisfaction with the progress in bilateral ties, particularly since the establishment of the Comprehensive Partnership in 2018. While many mutual visits at all levels have been organised, economic and trade cooperation remains a bright spot, with bilateral trade averaging around 1 billion USD annually during 2020-2024. Collaboration in defence-security, education-training, culture, and environmental protection has also grown substantially.

President Cuong suggested strengthening political trust through more exchanges at all levels, expanding multi-sectoral cooperation, boosting people-to-people exchanges, and expanding partnerships to new areas that they are complementary to each other.

Agreeing with these proposals, Speaker Laszlo said the two legislatures will work closely to implement high-level agreements, support the two Governments to bolster collaboration in all fields, and support efforts to raise bilateral trade to 2 billion USD in the near future.

He affirmed the Hungarian National Assembly’s readiness to promote the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) by the remaining EU member countries, and to support the European Commission's lifting of the IUU fishing "yellow card" on Vietnamese seafood exports.
Both leaders agreed that their countries will enhance coordination and mutual support at multilateral forums, especially the United Nations and within the ASEAN-EU framework.
The two leaders affirmed that Vietnam and Hungary will continue to closely coordinate and support each other at multilateral forums. They reiterated their support for resolving disputes by peaceful means, based on respect for international law, in order to maintain stability and security in each region.