“In Style – Hong Kong” promotion campaign opens in HCM City

“In Style – Hong Kong”, the largest trade, investment and lifestyle promotion event ever held in Vietnam, kicked off in Ho Chi Minh City on September 20, attracting thousands of Vietnamese and Hong Kong firms.
“In Style – Hong Kong” promotion campaign opens in HCM City ảnh 1Illustrative image (Source: Internet)
HCM City (VNA) – “In Style – Hong Kong”, thelargest trade, investment and lifestyle promotion event ever held in Vietnam,kicked off in Ho Chi Minh City on September 20, attracting thousands ofVietnamese and Hong Kong firms.

Chairman of the Hong KongTrade Development Council Vincent HS Lo said “In Style – Hong Kong” introducesunique culture, cuisine and entertainment of Hong Kong to the Vietnamesepublic.

According to him, two-waytrade between Vietnam and Hong Kong (China) increases by nearly 12 percent eachyear, reaching 18 billion USD last year. Vietnam is one of the fastest-growingeconomies in Southeast Asia and the largest importer of Hong Kong. Meanwhile,Hong Kong serves as a gateway for trade between Vietnam and China, and betweenVietnam and many other Asian markets.

Financial Secretary of theHong Kong Special Administrative Region Paul Chan Mo-po said the event offers awide array of Hong Kong’s world-class products and professional services toVietnamese partners and friends, adding that via the event, Hong Kong wants tofurther boost economic and trade ties as well as people-to-people exchange withVietnam.

During the two-day event,thematic seminars on the potential of cooperation in investment, trade andlogistics will also be held.

Speaking at the openingceremony, Deputy Foreign Minister Le Hoai Trung said Vietnamese and Hong Kongbusinesses put high hope on their future ventures.

He said Vietnam is now thelargest trade partner of Hong Kong in ASEAN while Hong Kong is the ninthlargest trade partner and the sixth largest foreign investor of Vietnam. As ofthe late August, Hong Kong invested in 1,353 projects worth 19 billion USD inVietnam.

As a dynamic and most freeeconomy in the world, Hong Kong is the third largest supplier of foreign directinvestment in Asia.

Vietnam welcomes Hong Kongfirms to expand operations in the country in fields of strength such asinfrastructure, support industry, and finance-banking service, Trung added.-VNA
source

See more

At an automotive exhibition in Shanghai, China. (Photo: AFP/VNA)

Chinese electric vehicles drive back into Vietnamese market

About a decade ago, Chinese car brands like Zotye Z8, Beijing X7, and Brilliance V7 entered the Vietnamese market to limited success. But a new fleet of modern Chinese vehicles began to gain traction in the Vietnam market last year.

Illustrative image (Photo: VNA)

Nearly 16 trillion VND raised through January bond auctions

The January auctions saw a strong preference for 10-year and 15-year bonds, representing 80.2% and 14.8% of the total, respectively. Specifically, 10-year bonds raised 12.81 trillion VND, while 15-year bonds garnered 2.36 trillion VND.

Thang Long ferry at Cau Da port in Ba Ria - Vung Tau province. (Photo: VNA)

Vung Tau - Con Dao high-speed ferry reoperated

The high-speed ferry service connecting Vung Tau city and Con Dao island in the southern province of Ba Ria-Vung Tau and vice versa was resumed on February 7 by Phu Quoc Express JSC after a 5-month suspension.

At the working session between the Vietnam Directorate of Market Surveillance and the US Embassy over counterfeit Sunview-branded raisins in Hanoi on February 7. (Photo: dms.gov.vn)

Vietnam, US tackle counterfeit Sunview-branded raisins

Statistics showed that since 2024, there have been 27 documented cases involving Sunview raisins, resulting in fines of over 536 million VND (21,440 USD), primarily due to the sale of smuggled goods and products of unclear origin.

The VF3 model manufactured by VinFast is the most popular model in Vietnam's market. ( Photo courtesy of the company)

EVs will no longer be exempt from registration fees

Instead of enjoying a zero percent registration fee, battery-powered electric vehicles (EVs) will be required to pay 50% of the fee applicable to internal combustion engine cars with the same seating capacity.

Thuan An Fishing Port (Photo: tuoitrethudo.vn)

Thuan An fishing port opens, boosting Hue’s seafood industry

The second docking area of Thuan An Fishing Port has a minimum cargo handling capacity of 20,000 tonnes per year, and is capable of simultaneously accommodating 500 fishing vessels of at least six metres in length for docking and storm shelter.

Vietnamese prefer buying gold to mark God of Wealth Day (Photo: VNA)

Gold prices up again on God of Wealth Day

Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of the God of Wealth Day on February 7 (the 10th day of the first lunar month).