Vietnam promotes trade ties with Hong Kong

Vietnam is taking part in the World SME Expo 2011 that opened in Hong Kong, China on Dec. 1, to promote the business and investment environment of Vietnam and facilitate linkages between the two countries’ businesses.

Organized by the Trade Promotion Department of Hong Kong, the three-day expo attracts the participation of 320 small and medium enterprises from 33 countries and territories across the world.

Nguyen Viet Chi from the Vietnam Ministry of Industry and Trade said the expo is a good chance for Vietnam to introduce its exports, such as seafood, agricultural and garment products and foster exports to Hong Kong and other countries.

Participating in the fair, Vietnamese enterprises expect to seek new partners and expand investment cooperation with foreign enterprises.

Vietnam and Hong Kong trade and investment relations have developed strongly, with two-way trade reaching 2.4 billion USD in the first ten month of this year.

Up to October 20, the total investment of Hong Kong in Vietnam reached 10.9 billion USD, with 650 projects./.

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