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Meeting focuses on HK business market

Update: June, 01/2012 - 10:53

HCM CITY — A seminar on successful business conduct in the Hong Kong market was held in HCM City on Wednesday to enhance investment and trade relations as well as create opportunities for Vietnamese firms.

At the seminar, participants provided information about brand building and product design trends for small and medium-size businesses.

Some experts talked about solutions in design and brand management to help companies enhance their market share and affirm their position and image in the Hong Kong market.

Loretta Wan, regional director of the South East Asia and Hong Kong Trade Development Council, expressed the wish to promote co-operation with Vietnamese agencies and organisations to strengthen connection between sellers and buyers through activities related to services, trade fairs and exhibitions.

"Currently, Hong Kong is seen as an important gateway for goods entering China's market and for transport to other countries", she said.

In recent years, bilateral trade relations between Hong Kong and Viet Nam saw good growth with total import-export turnover reaching US$8.4 billion last year. In the first two months alone, import-export value hit more than $526 million or a year-on-year increase of 103.48 per cent.

Viet Nam's exports to Hong Kong include electronic products, machinery and components, electric wire and cables, rice and seafood.

In the investment sector, some Hong Kong companies are shifting capital to Viet Nam providing an opportunity to local businesses to expand their partnerships.

The seminar was co-held by the HCM City-based Trade Promotion Agency and the Hong Kong Trade Development Council. — VNS

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