Hong Kong firms seek more cooperation opportunities in Vietnam

A business delegation of Hong Kong (China) will visit Hanoi and Ho Chi Minh City from January 8-14 to seek economic and investment cooperation opportunities between Vietnam and Hong Kong and Greater Bay Area in particular, and China in general.

Saturday, January 07, 2023 15:42

Hong Kong firms seek more cooperation opportunities in Vietnam ảnh 1

Vietnamese Consul General in Hong Kong Pham Binh Dam (Photo: VNA)

Hanoi (VNA) – A business delegation of Hong Kong (China) will visitHanoi and Ho Chi Minh City from January 8-14 to seek economic and investmentcooperation opportunities between Vietnam and Hong Kong and Greater Bay Area in particular, and China in general.

With around 60 members, it can be said that this will be thebiggest trade and investment promotion delegation between Vietnam and Hong Kongsince the COVID-19 outbreaks.

The delegation will be led by Jonathan Choi, Chairman of theChinese Chamber of Commerce in Hong Kong, Chairman of the Guangdong-HongKong-Macau Greater Bay Area Entrepreneurs’ Union, Chairman of the HongKong-Vietnam Chamber of Commerce, and Chairman of Sunwah Group, which has runbusiness in Vietnam for more than 50 years.

Hong Kong firms seek more cooperation opportunities in Vietnam ảnh 2

Jonathan Choi, Chairman of the Hong Kong-Vietnam Chamber of Commerce (Photo: VNA)

The delegation plans to coordinate with Vietnamese ministriesand sectors to organize a seminar on connecting Hong Kong-Greater Bay Area enterpriseswith those in Vietnam on January 10 in Hanoi, and a Hong Kong-Ho Chi MinhCity investment promotion conference on January 12.

They will also have working sessions with leaders ofVietnamese ministries and localities during their stay.

Vietnamese Consul General in Hong Kong Pham Binh Dam said thatHong Kong is Vietnam's seventh largest trading partner and fifth biggestinvestor, and the potential for bilateral cooperation remains huge.

He proposed the delegation focus on the financial sector,thereby helping Vietnamese enterprises to raise capital in the Hong Kongfinancial market, and to access Hong Kong's corporate bond market.

Jonathan Choi said that he decided to organise thislarge-scale delegation to Hanoi and Ho Chi Minh City, as he believes inthe development potential of Vietnam whose GDP growth rate is estimated at around8% in 2022./.

VNA

#Chairman of the Hong Kong-Vietnam Chamber of Commerce Jonathan Choi #business delegation #Hanoi #Ho Chi Minh City #Hong Kong #Vietnam #Vietnamplus #Vietnam News Agency Hong Kong

See more

Oyster chips of the Tan Phat Loi Co-operative in Ca Mau province’s Ngoc Hien district are products under the country’s “One Commune – One Product” Programme. (Photo: VNA)

Mekong Delta food producers busy with production for Tet

15/01/2025 09:19

Food producers in the Cuu Long (Mekong) Delta are ramping up production under their 'One commune - One product' (OCOP) programme to meet demand for the upcoming Tet (Lunar New Year) festival.

The daily reference exchange rate for the US dollar is set at 24,338 VND/USD on January 15. (Photo: VNA)

Reference exchange rate drops 8 VND on January 15

15/01/2025 09:02

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,338 VND/USD on January 15, down 8 VND from the previous day.

To afford a mid-range car, a family of two in Vietnam would have to work for more than three years and have no expenditures. (Photo: VNA)

Only 9% of households in Vietnam own a car

15/01/2025 09:00

Only 9% of households in Vietnam own a car, data from a mid-term population and housing survey for 2024 from the General Statistics Office (GSO) shows.

Quang Ninh sets land clearance as priority for FDI attraction

15/01/2025 03:43

The northern province of Quang Ninh is on a mission to cement its status as one of Vietnam's premier destinations for foreign direct investment (FDI), with a strategic focus on land clearance for industrial park infrastructure projects this year.

A street in HCM City. Vietnam is expected to become the third country in Southeast Asia that Bolt develops its ride-hailing services. (Photo: VNA)

European start-up enters Vietnam's ride-hailing market

14/01/2025 19:29

Bolt, an Estonian ride-hailing start-up, plans to enter Vietnam's market by launching a series of recruitment ads on social media.

Susan Burns, US Consul General in Ho Chi Minh speaks at the event. (Photo: VNA)

Vietnam, US cooperate in developing sustainable industry toward net-zero

14/01/2025 18:09

A workshop themed US-Vietnam Getting to Net-Zero: Roadmap to Sustainable Industrial Development was held in Ho Chi Minh City on January 14 by the US Commercial Service in the city, in partnership with the International Financial Centre (IFC) and Saigon Tel.

Raw coal is delivered to the Vang Danh coal sorting plant in Quang Ninh province (Photo: VNA)

Nearly 3 million tonnes of coal to be exacted to meet January demand surge

14/01/2025 17:26

The demand for coal is projected to rise sharply this month, particularly for power plants, given lower rainfall and increased production to prepare for the upcoming Lunar New Year celebration.

Deputy Prime Minister Tran Hong Ha at the 12th meeting of the national steering committee for IUU fishing prevention and control on January 14 (Photo: VNA)

Deputy PM orders enhanced fishery management tools

14/01/2025 16:55

Deputy Prime Minister Tran Hong Ha has asked the Ministry of Agriculture and Rural Development to complete the comprehensive integration and smooth connectivity to the national fisheries database (VN-Fishbase), vessel monitoring system (VMS), and electronic traceability system (eCDT) in Q1, ensuring seamless data flow from central to local authorities, a move to clamp down on illegal, unreported and unregulated (IUU) fishing.

Illustrative image (Photo: thoibaotaichinhvietnam.vn)

Majority of credit institutions expect profit growth in 2025

14/01/2025 14:36

The majority of credit institutions forecast their business performance in the first quarter and the whole year of 2025 will be more positive than that last year, the latest survey of the State Bank of Vietnam (SBV) shows.

Opportunities, challenges in store for rice exports after New Year

14/01/2025 12:51

After a record year in 2024 export volume and value, Vietnam’s rice sector is moving into a new year of challenges and opportunities, with significant swings expected in both supply and demand for rice on the world stage.

A view of the Van Phong economic zone in Khanh Hoa province. (Photo: VNA)

Huge room for Khanh Hoa to expand cooperation with Chinese firms: official

14/01/2025 11:43

With its strategic importance in the central key economic region, well-developed and interconnected infrastructure, coupled with ample potential for tourism development, Khanh Hoa province is an ideal location for Chinese businesses to seek opportunities for cooperation and investment, Vice Minister of Foreign Affairs Pham Thanh Binh has said.

Products showcased at the Investment & Trade Promotion Centre of Ho Chi Minh City. (Photo: nhandan.vn)

Businesses must embrace new trends to boost exports to US: experts

14/01/2025 10:43

Trade cooperation between Vietnam and the US presents both vast opportunities and significant challenges, as the latter enters a new phase with major adjustments to its economic and foreign policies, which are expected to have a wide-reaching impact on global trade and investment activities.

Vietnamese Ambassador to the UK Do Minh Hung (centre), embassy staff and VBUK members (Photo: VNA)

Vietnamese Business Association in UK sets 2025 agenda

14/01/2025 09:41

The Vietnamese Business Association in the UK (VBUK) has announced plans to reshape the landscape of Vietnam-UK trade relations, focusing on driving business community forward, fostering its unity and strengthening connections with their Vietnamese partners both at home and abroad.