Officials highlight investment opportunities in Vietnam

A seminar on investment opportunities in Vietnam was held in Hong Kong this week.
The Vietnamese Consul-General to Hong Kong and Macau, Hoang Chi Trung, said that Hanoi welcomes large companies in China, Hong Kong and Macau to explore Vietnam’s investment climate.
The Vietnamese Ambassador to China, Dang Minh Kho, spoke about the Vietnamese economy and its policies to attract investment. Dang highlighted the country’s numerous advantages for Chinese investors, such as its geographical proximity and cultural similarities.
Dang added that Vietnam’s engagement in regional free trade agreements (FTAs) and integration in the global economy had created vast investment opportunities for foreign businesses, especially those from Hong Kong.
A VietnamPlus report said the country – a member of the Trans-Pacific Partnership (TPP) Agreement – is developing its operating environment and relevant policies, as well as constructing a legal framework that aligns with international investment criteria.
Nguyen Van Thanh, vice chairman of the People’s Committee in Quang Ninh province on the northern border, discussed the construction and administrative procedures of the Van Don Special Economic Zone. Nguyen emphasized that the government is prioritizing sectors such as tourism, services, processing and financial services.
Nguyen added that Hong Kong is the second-largest investor of the 18 countries and territories that have business interests in Quang Ninh. The SAR currently runs 13 investment projects in Vietnam, with a registered capital sum of USD989 million.
The Vietnamese and mainland Chinese governments have established numerous cooperation mechanisms in hopes of creating business opportunities for both countries.