Vietnam first Southeast Asian country to earn over 1 billion USD from exports to Hungary
Vietnam has become the first Southeast Asian nation to earn over 1 billion USD from exporting goods to Hungary and the European country’s leading exporter from this region since 2000, according to the Ministry of Industry and Trade.
Hanoi (VNA) – Vietnam has become the first Southeast Asian nation to earn over 1 billion USD from exporting goods to Hungary and the European country’s leading exporter from this region since 2000, according to the Ministry of Industry and Trade.
Statistics from the Hungarian side showed that Vietnam's export revenue from Hungary reached 1.008 billion USD in 2020, a surge of 86 percent year on year.
Vietnam was followed by Malaysia with 872.8 million USD, Thailand 516.9 million USD, Singapore 363 million USD, the Philippines 136 million USD, and Indonesia 115.3 million USD.
In the first 10 months of 2021, Vietnam earned 842.7 million USD from the market, up 5 percent over the same period last year and secured its first position among the regional countries in the field.
Electronic accessories accounted for 74.1 percent of the total export revenue Vietnam earned from Hungary in 2020, equivalent to 747 million USD. The figures were 77 percent and 574.8 million USD, respectively in the first 10 months of 2021./.
Vietnam treasures and wants to enhance multi-faceted cooperation with Hungary – its first comprehensive partner in Central and Eastern Europe, Chairman of the National Assembly Vuong Dinh Hue said on July 12.
The Hungarian Government has presented Vietnam with 100,000 doses of AstraZeneca COVID-19 vaccine and 100,000 antigen test kits to support the Southeast Asian country in its battle against COVID-19.
Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao received the token of 60,000 doses of AstraZeneca COVID-19 vaccine presented by the Croatian Government at a ceremony held in Budapest, Hungary on October 12.
An exchange was held in the Hungarian eastern city of Hajdúszoboszló from 15-17 as a tribute to former Hungarian officials who joined the international mission supervising the implementation of the Paris Agreement on ending the war in Vietnam in the 1973-1975 period.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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Illustrative image (Source: VNA) 
