Hong Kong businesses interested in investing in green economic projects in Vietnam
Hong Kong (China) enterprises are interested in investing in green technology projects, smart manufacturing and supply chain management in Vietnam.
On August 2, in Ho Chi Minh City, a delegation of about 30 leading business leaders from mainland China and Hong Kong operating in fields such as finance and insurance; innovation and technology; services; energy... met with Vietnamese businesses to seek investment opportunities.
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Chief Executive of the Hong Kong Special Administrative Region Lee Ka-chiu (center) answers questions from the press in Ho Chi Minh City on August 2. |
Speaking to Dau Tu Newspaper reporters on the sidelines of a meeting between Hong Kong and Vietnamese businesses, Mr. Jonathan KS Choi, Chairman of the China - Hong Kong Chamber of Commerce, said that Hong Kong businesses are interested in investing in green technology projects such as renewable energy, smart manufacturing and supply chain management.
This is gradually becoming a reality when Sunwah Group (Hong Kong) and Becamex IDC Corp signed a memorandum of understanding to cooperate in developing green industrial parks in Binh Duong.
In addition, Hong Kong businesses are also interested in investing in electric vehicle manufacturing plant projects in Vietnam.
On the same day, August 2, Chairman of the Ho Chi Minh City People's Committee Phan Van Mai worked with Chief Executive of the Hong Kong Special Administrative Region Lee Ka-Chiu and Hong Kong businesses who were visiting and working in Ho Chi Minh City.
At the meeting, the Chairman of the Ho Chi Minh City People's Committee assessed that the potential for cooperation between Hong Kong and Vietnam still has much room for development.
Statistics show that Hong Kong currently ranks 8th out of 125 countries and territories investing in Ho Chi Minh City, with two-way trade turnover reaching 4 billion USD in 2023 and possibly increasing to 5 billion USD in 2025.
The Chairman of the Ho Chi Minh City People's Committee hopes that Hong Kong businesses will continue to invest in areas that the city prioritizes for development such as innovation, startups, trade, tourism, healthcare, logistics, and finance.
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| Leaders of the Ho Chi Minh City People's Committee and the Chief Executive of the Hong Kong Special Administrative Region took a souvenir photo in Ho Chi Minh City on August 2. |
At a press conference after the working session, Mr. Lee Ka-Chiu, Chief Executive of the Hong Kong Special Administrative Region, said that during his visit to Hanoi and Ho Chi Minh City, 30 memorandums of understanding (MoUs) were signed between agencies and businesses of the two sides to promote extensive cooperation in many fields.
In particular, the Hong Kong Investment Promotion Agency (Invest Hong Kong) signed a cooperation agreement with the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment of Vietnam; the Hong Kong Airport Authority signed a memorandum of understanding with Sovico Group; the Hong Kong University of Business School (HKU) signed a cooperation agreement with the Ho Chi Minh City University of Economics (UEH); Sunwah Group (Hong Kong) signed a memorandum of understanding with the Becamex IDC Corp.
Source: https://baodautu.vn/doanh-nghiep-hong-kong-quan-tam-dau-tu-cac-du-an-kinh-te-xanh-tai-viet-nam-d221526.html
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