A delegation of senior businessmen from Hong Kong Trade Development Council, led by its president Peter Woo Kwong Chinh, visited Vietnam from June 18-21, 2007. The visit aimed to enhance their understanding of Vietnam’s investment and business environment and create favourable conditions for Hong Kong businesses to contact Vietnamese businesses, boosting co-operation and investment in Vietnam.
The delegation was received in Hanoi by government officials, including Prime Minister Nguyen Tan Dung, Trade Minister Truong Dinh Tuyen, Vice Minister of Planning and Investment Nguyen Bich Dat. The delegation also visited the State Security Commission and Thang Long Industrial Zone. The delegation also had meetings with 15 leading businesses in Hanoi.
In Ho Chi Minh City, the delegation met with about 200 businesses at Sheraton hotel and visited Saigon port, Phu My Hung joint venture company, Ho Chi Minh City stock exchange centre, Sun Wah Properties company Ltd and Diamond Plaza Department Store. On June 20, 2007, the delegation was received by Le Hoang Quan, Ho Chi Minh City People’s Committee Chairman. Chairman Quan briefed the delegation on the city’s socio-economic situation, foreign investment attraction and orientation for development. The chairman also said the city encourages foreign investors, including Hong Kong businesses, to invest in urban development, transport infrastructure, high tech medical technology, education and training, banking, financial and insurance services. Ho Chi Minh City will provide favourable conditions for Hong Kong businesses to open operations and invest in Ho Chi Minh City, especially in the fields where they have advantages.
Mr Peter Woo Kwong Ching said that Ho Chi Minh City’s keeping its ear open has again consolidated his confidence, as well of other Hong Kong businesses, in the investment environment in Ho Chi Minh City in particular and Vietnam in general.
Meanwhile Hong Kong, known as a global trade centre with good infrastructure, a transparent and clear legal system and good State management, is a reliable place for Vietnamese businesses to penetrate the Chinese market and other markets in the world. Therefore, Mr Peter Woo Kwong Ching believed that after the meetings, co-operation between Hong Kong Trade Development Council and authorized agencies and businesses’ association in Vietnam and in Ho Chi Minh City will be enhanced, boosting trading activities, investment and cooperation between Hong Kong and Vietnam.
Hong Kong businesses are interested in the fields in which they have advantages such as real estate, stock exchange brokerage, logistics, investment fund management, banking financial service and management consultancy. They are keen on production activities and plant construction in Vietnam in the fields of jewelry and precious stones (diamond), toys, electronics, garments and textiles.
Hong Kong Trade Development Council provides important support for trading companies, manufactures and service providers in terms of international marketing. With over 40 offices around the globe, Hong Kong Trade Development Council has sent the message “Hong Kong is a launching base for doing business with China and all of Asia” to the world. One of the council’s activities is to organize trade fairs. Every year, the council organises about 30 international commercial fairs in Hong Kong, many of them among the biggest in the world in their fields. Hong Kong Trade Development Council is a source of valuable information with 14 publications, including economic and commercial magazines, the latest being World Enterprise magazine. Its website www.tdctrade.com, for searching and archiving information, allows users to seek information on business partners, online products and services.
Traveling with Hong Kong Trade Development Council delegation to Vietnam this time are big commercial groups of Hong Kong, such as the multi-national group Chevalier (in construction, real estate, hotel, insurance and investment, information technology, trade, finance, foodstuff and drinks); Chun Wo company, operating in real estate, stock exchange service and investment, with experience in real estate development projects in Vietnam; and Continental joint stock company Ltd, a group of companies in design, production and marketing of jewelry and diamond products. Giordano company international Ltd is a leading retailer of clothes for men, women and children, with over 1,700 shops in China, Japan, the RoK, Australia, India, Southeast Asia and the Middle East. Also represented are Lee Heng diamond group, the Industry and Commerce Bank of China (ICBC), Pacific Alliance group, Taifook stock exchange group Ltd, garment group TAL, The Wharf joint stock company and Hong Kong stock exchange brokerage association.
P.V
Vietnamese
