Hong Kong explores investment opportunities in Vietnam
Trade and investment opportunities in Vietnam were highlighted at a workshop in Hong Kong (China) within the framework of a series of tech fairs from October 13-16.
Vu Thi Thuy, head of the Vietnamese Trade Office in Hong Kong, said in the first nine months of this year, Vietnam’s GDP grew 8.83%, and its total export-import value reached US$557.9 billion, up 15% year-on-year.
She also cited the General Statistics Office (GSO) saying in the nine months, import-export between Vietnam and Hong Kong was valued at US$9.97 billion, a rise of 3.92% year-on-year.
Hong Kong is now Vietnam’s fifth biggest investor with total registered capital amounting to US$28.53 billion and 2,110 projects.
Economist Corey To from the Hong Kong Trade Development Council (HKTDC) delivered a speech on Vietnam’s consumer market, saying Vietnam is one of the countries with good post-pandemic recovery.
According to the International Monetary Fund (IMF), Vietnam’s GDP growth is expected to stand at 7% this year, and about 6.2% next year.
The tech fairs, organised by the HKTDC, brought together 1,100 units from France, the Republic of Korea, Taiwan (China) and mainland China.