HA NOI — Vietnamese enterprises, particularly small- and medium-sized, are being encouraged to take part in international trade fairs in Hong Kong.
Johnny Wan, senior exhibitions manager at the Hong Kong Trade Development Council (HKTDC) said showcasing products in Hong Kong was a quick way to promote brands and build business links
Wan said the island enclave was Asia's trade-fair capital, holding more than 110 annually.
"To advertise Vietnamese goods to the world market, participation in Hong Kong's international trade fairs is one of the fastest route," Wan said.
According to HKTDC figures, every year more than 10 trade commissions from Viet Nam visited Hong Kong. Last year, 54 Vietnamese exhibitors joined Hong Kong's fairs while the number of Vietnamese trade buyers reached nearly 2,200.
Vietnamese companies have a keen interest in exhibitions, including jewellery, stationery, houseware, gifts, fashion, toys and games, electronics, medical devices and supplies, lighting and information technology.
However, Wan said that as garments, textiles and tea were key exports from Viet Nam, exporters should increase their presence in regional exhibitions.
He claimed Hong Kong was the freest economy in the world with zero tax for most products, adding that Hong Kong was the doorstep to southern China.
Hong Kong is among top 30 trade partners with Viet Nam, according to HKTDC . Two-way trade value during January-November last year totalled US$7.52 billion, a year-on-year increase of 33.7 per cent, it said.
Of this, Viet Nam's imports totalled $5.28 billion, while its exports fetched $2.23 billion. Re-exports were valued at $1.1 billion.
Wan encouraged the Vietnamese Government to spend more money to support SMEs to attend the fairs. — VNS