Exports to Hong Kong, Macau grow high

Feb 16, 2015 / 05:17 PM

Vietnam’s exports to China’s special administrative regions of Hong Kong and Macau grew impressively last year, said Hoang Chi Trung, Consul General to Hong Kong and Macau.

Bilateral relations between Vietnam and Hong Kong were negatively affected by China’s illegal deployment of the oil rig Haiyang Shiyou 981 in Vietnam’s Exclusive Economic Zone and continental shelf. However, the two sides have made significant effort to improve bilateral trade value. Vietnam’s exports to Hong Kong hit US$5.2 billion last year, a year-on-year rise of nearly 26.7%. Meanwhile, exports to Macau increased by 17.4% and the number of Vietnamese migrant workers in Macau was also on the rise.
Hong Kong has invested US$3 billion in 99 projects in Vietnam, ranking second among 60 countries and territories directly investing in the country.

After the oil rig Haiyang Shiyou 981 incident, the number of Hong Kong visitors to Vietnam declined significantly, but it has resumed since late 2014.
Trung said this year Hong Kong still serves as a gateway for Vietnamese products to penetrate many countries in the word and remains the leading trade partner of Vietnam.
Besides taking part in relevant seminars, conferences and fairs in Hong Kong and Macau, Vietnam will create a niche for its businesses to access Hong Kong, Macau and other international partners and find outlets for Vietnamese products.
Trung revealed that nearly 100 businesses from Hong Kong and Macau will visit HCM and Danang cities in April to seek cooperative opportunities.

Reactions:

Rất hay

Thích

Giải trí

Cần cải thiện

Trending

Vietnam explores low-altitude economy as drones reshape agriculture and urban services

From farmlands and delivery routes to traffic monitoring and emergency response, unmanned aerial vehicles (UAVs) are rapidly entering Vietnam’s economic life, opening new growth space as cities and provinces accelerate plans for the low-altitude economy.

19 Dec, 02:00 PM

Vietnam OCOP Festival 2025 honors products as program marks nationwide development milestones

The festival aims to promote and honor outstanding OCOP products and producers and to reaffirm Hanoi’s leading role as the country’s “pacesetter” in the One Commune One Product (OCOP) program.

17 Dec, 07:06 PM

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Despite global economic and geopolitical headwinds, foreign capital flows into Vietnam accelerated in 2025, with investment increasingly concentrated in high value-added sectors, highlighting the country’s growing appeal as a stable, long-term destination for investors.

16 Dec, 10:12 PM

VN-Index set for 2,200-mark next year: JP Morgan

Vietnam’s appeal goes beyond the upgrade, driven by major economic reforms that are lifting business and consumer confidence, as well as improving profit prospects over the next three to five years.

16 Dec, 03:35 PM

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

15 Dec, 07:28 PM

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

15 Dec, 07:16 PM

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

14 Dec, 02:17 AM

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

13 Dec, 04:40 PM