Hong Kong businesses eye VN opportunities

The Hanoitimes - Vietnam will create the best possible conditions for foreign enterprises, including those from Hong Kong (China), to invest in the country, particularly in the field of infrastructure. Such is the statement by Prime Minister Nguyen Xuan Phuc affirmedat a reception for a delegation of Hong Kong businesses, led by Chairman of the Hong Kong Trade Development Council Luo Kangrui, in Hanoi on May 10. The PM explained that Vietnam needs smart infrastructure to meet requirements of socio-economic development, adding that infrastructure, including railways, roads, aviation and waterways, requires huge investment. Vietnam is accelerating the reform of investment…... [read more]

Hong Kong bourse eyes Vietnamese IPOs (24-11-2007) HCM CITY — Citing Alibaba.com as a spectacular example of fund raising after its initial public offering (IPO), Hong Kong stock exchange officials are encouraging Vietnamese enterprises to go public and list with their exchange. Last year, Hong Kong ranked second in the world for IPO funds raised, surpassing New York, said Hong Kong Secretary for Finance Services and the Treasury K. C. Chan at an IPO conference in HCM City yesterday. Two hundred Vietnamese securities experts, bankers and businesspeople attended the conference. As of the end of last month, Hong Kong had…... [read more]

Eighteen leading businesses from Hong Kong will visit Ho Chi Minh City and Hanoi from December 10-14 to seek investment opportunities. The delegation, organized by the Hong Kong Trade Development Council (HKTDC), is led by Federation of Hong Kong Industries Honorary Chairman Andrew Leung and HKTDC Executive Director Fred Lam. During the visit, the Hong Kong guests will attend a conference entitled "Hong Kong: Your best partner for business success" in Ho Chi Minh City on December 12 and in Hanoi on December 14. The conference is jointly organized by HKTDC and the Vietnam Trade Promotion Agency (Vietrade). This is…... [read more]

A business delegation from Hong Kong will conduct market surveys in Vietnam from June 18-21, according to the Hong Kong Trade Development Council (TDC). They aim to study Vietnam's investment environment and seek opportunities to develop trade relations between Hong Kong and Vietnamese localities. The delegation, headed by TDC Executive Director Peter Woo, will comprise representatives from well-known Hong Kong corporations such as Giordano International, Taifook Securities Group, Hong Kong Stockbrokers Association, Pacific Alliance Group and G.B.W Corporation. According to TDC Deputy Executive Director Alan Wong, Hong Kong businesses ready to invest in infrastructure construction, electronics factories, the garment and…... [read more]

More than 200 Hong Kong business people attended the Vietnam: A star in Southeast Asia conference in Hong Kong on August 7, which focused on Vietnam's investment environment. Addressing the conference, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) Doan Duy Khuong highlighted Vietnam's advantages following its accession to the WTO, particularly the construction of a new legal framework to create fairer conditions for foreign investors in the country. As a result, foreign investment in Vietnam surpassed US$10 billion in the first six months of 2007, an annual increase of 60 percent, Mr Khuong said. Anthony Lam,…... [read more]

This was commented by PhD Jonathan Choi, President of Hong Kong-Vietnam Chamber of Commerce and Industry on the occasion of the opening ceremony of Hong Kong-Vietnam Chamber of Commerce and Industry in Hong Kong. PhD Choi believed that Vietnamese market was becoming attractive to Hong Kong businesses in every fields, thus the opening of Hong Kong-Vietnam Chamber of Commerce and Industry in Hong Kong will open new opportunities, forwarding long-term targets, especially when Vietnam suffers few impacts from the current global financial crisis. Hong Kong-Vietnam Chamber of Commerce and Industry in Hong Kong will play as a bridge to help…... [read more]

Many Hong Kong businesses are seeking investment opportunities in Vietnam following the country's accession to the World Trade Organisation (WTO) early this year and China's high production costs, according to the Asia Times Online. In an article published on July 8, the Asia Times Online said Peter Woo Kwong-ching, Chairman of the government-affiliated Hong Kong Trade Development Council (TDC), led a delegation of businesses specialising in clothing, jewellery, financial, logistics and electric appliance sectors to explore opportunities in Vietnam last June. The newspaper quoted Mr Woo as saying Vietnam's competitive labour force and the competitiveness of its manufacturing bases, particularly…... [read more]

The event was organized by the Vietnam Chamber of Commerce and Industry, the Chinese Chamber of Commerce in Hong Kong and the Hong Kong – Vietnam Chamber of Commerce. In his address, PM Phuc said Vietnam boasts political stability and the government is building a healthy business and investment environment, and boosting administrative reforms. He underlined the need to build a facilitating government to better serve the people and business. " A good environment is waiting for you to continue your investment in Vietnam for mutual development and benefits. We pledge to create favourable conditions for Hong Kong businesses to…... [read more]

Hong Kong businesses are importing Vietnamese rice in large volumes. In 2011, Vietnamese rice made up nearly one third of Hong Kong's rice imports. Last year, Hong Kong imported about 100,000 tonnes of rice from Vietnam. However, its businesses still know little about Vietnam's rice market, said Kenneth Chan, President of the Hong Kong Association of Rice Merchants. In early March, a delegation from the Association, including nearly 50 entrepreneurs from 25 Hong Kong businesses, came to Vietnam to explore opportunities for importing rice, and visit rice fields and rice mills. These businesses spoke highly of Vietnamese rice and hoped…... [read more]

A business delegation from Hong Kong will conduct market surveys in Vietnam June 18-21, according to the Hong Kong Trade Development Council (TDC). The survey would study Vietnam's investment environment and seek opportunities to develop trade relations between Hong Kong and Vietnam's localities, said TDC's Deputy Executive Director Alan Wong at a press conference Friday. The delegation, headed by TDC Executive Director Peter Woo, includes representatives from such well-known Hong Kong corporations as Giordano International, Taifook Securities Group, Hong Kong Stockbrokers Association, Pacific Alliance Group and G.B.W Corporation. Hong Kong businesses were able and ready to invest in various projects…... [read more]