HCM City rolls out red carpet for Hong Kong investors: Official

Ho Chi Minh City welcomes and stands ready to create favourable conditions for partners and investors from Hong Kong (China) to carry out projects and do business the southern largest economic hub, Chairman of the municipal People’s Committee Phan Van Mai said on August 2.

Chairman of the municipal People’s Committee Phan Van Mai (R) and Chief Executive of the Hong Kong Special Administrative Region John Lee Ka-chiu. (Photo: VNA)
Chairman of the municipal People’s Committee Phan Van Mai (R) and Chief Executive of the Hong Kong Special Administrative Region John Lee Ka-chiu. (Photo: VNA)

HCM City (VNA) – Ho Chi Minh City welcomes and stands ready to create favourable conditions for partners and investors from Hong Kong (China) to carry out projects and do business the southern largest economic hub, Chairman of the municipal People’s Committee Phan Van Mai said on August 2.

Hosting a reception for Chief Executive of the Hong Kong Special Administrative Region John Lee Ka-chiu, Mai spoke highly of Hong Kong's potential and economic strengths, while highlighting the city’s priorities for development which include innovation, startup, investment, trade, tourism, healthcare, logistics, infrastructure development and monetary finance.

He stressed that the city always accompanies foreign investors, and have mechanisms to remove their bottlenecks in a timely manner.

Mai also expressed his hope for enhanced cooperation with Hong Kong to learn its experience in developing a more vibrant city as well as a stronger business community, contributing to the southern economic hub and nation’s development.

Hailing HCM City’s vision to build an international financial hub, Lee held that this will be concretised on the back of the city’s own potential, and the Vietnamese Government’s orientation.

Hong Kong wishes to boost cooperation with HCM City across the areas of economy and people-to-people exchanges, he said, adding that both sides boast huge room for economic collaboration, and Hong Kong wants to bring into full play the cooperation deals with its partners in the city.

Earlier, Mai and Lee attended and delivered speeches at a working lunch with Vietnamese and Hong Kong enterprises.

Hong Kong currently ranks 8th among 125 countries and territories investing in HCM City. Last year, two-way trade reached 4 billion USD./.

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.