Vietnam earned 74.85 million USD from fiber and textile yarns exports to Hong Kong in the first nine months of last year, up 28.35 per cent compared with 2016 (Photo: baodautu.vn)
 
Hanoi (VNA) - A delegation of 70 enterprises from Hong Kong (China) will visit Vietnam to seek cooperation with Vietnamese firms next week in Ho Chi Minh City.

Those Hong Kong businesses specialise in finance, education, architecture, law, textiles, electronics components and footwear products.

The event will be organised by the Investment and Trade Promotion Centre of HCM City when the minister of commerce and economic development of Hong Kong, Edward Yau Tang-wah, visits the city.

This is a bridge to help businesses in HCM City meet and seek opportunities for business development and investment cooperation with investors from Hong Kong.

Trade exchanges between Vietnam and Hong Kong have been steadily increasing in the recent years. As of early September 2017, Vietnam is Hong Kong’s third largest trading partner in the ASEAN region, with a bilateral trade turnover of over 13 billion USD, a year-on-year increase of 12 percent. Of which, Hong Kong exported products worth 7.4 billion USD to Vietnam and imported goods worth 5.7 billion USD.

The main trade items between the two sides include telecommunications equipment and components, semiconductors, valves and electronic tubes, knitted fabrics and knitting tools. – VNA