Well, here's the difference (according to Wikipedia):
Parallelism - a form of computation in which many calculations are carried out simultaneously, operating on the principle that large problems can often be divided into smaller ones, which are then solved concurrently ("in parallel"). There are several different forms of parallel computing: bit-level, instruction level, data, and task parallelism. Parallelism has been employed for many years, mainly in high-performance computing, but interest in it has grown lately due to the physical constraints preventing frequency scaling.
Concurrency - a property of systems in which several computations are executing simultaneously, and potentially interacting with each other. The computations may be executing on multiple cores in the same chip, preemptively time-shared threads on the same processor, or executed on physically separated processors. A number of mathematical models have been developed for general concurrent computation including Petri nets, process calculi, the Parallel Random Access Machine model and the Actor model.