Hong Kong official highlights potential of financial cooperation with Vietnam
Hong Kong and Vietnam have numerous areas in which they could closely cooperate with each other, especially in professional financial services, Secretary for Financial Services and the Treasury of Hong Kong Christopher Hui said following his trip to Vietnam from December 13-15.
Secretary for Financial Services and the Treasury of Hong Kong Christopher Hui. (Photo: VNA)
Hong Kong (VNA) – Hong Kong and Vietnamhave numerous areas in which they could closely cooperate with each other, especially in professional financial services, Secretary for FinancialServices and the Treasury of Hong Kong ChristopherHui said following his trip to Vietnam from December 13-15.
Speaking to aVietnam News Agency reporter in Hong Kong, Hui said Vietnam is now HongKong's seventh largest trade partner while Hong Kong is the fifth largestsource of foreign direct investment in Vietnam.
He noted that the places he visited, sꩵuch as Hanoi and Ho ChiMinh City, are vibrant economic areas with immense potential. He wished thateconomic cooperation between Honꦜg Kong and Vietnam would become even closer inthe future.
According to him, the Hong Kong authorities eased visarestrictions in late October for employment from Vietnam and those comingfor business and tourism purposes. The move is expected to improvepeople-to-people and business-to-business connectivity. Forcompanies seeking capital, he said companies could mobilise capital through stock listing orbond issuance, and Hong Kong is a reliable destination for Vietnamese firms toexplore these opportunities.
About stock listing,༺ he said there aremore than 100 companies from ASEAN member countries listed on the Hong KongS༒tock Exchange (HKEX), including two from Vietnam.
He hoped to see more Vietnamese firms listed onthe HKEX. Particularly, Hong Kong welcomes an increasing number of technology, smalland medium-sized enterprises (SMEs) joining the market. Hui revealed that Hong Kong has been the largest centre for Asian enterprises toissue bonds with international advantages over the past seven years. Due to thehigh interest rates in USD, there has been a trend of issuing bonds in Chineseyuan (CNY). Therefore, Hong Kong wishes to attract more Vietnamese companies toissue bonds in CNY, even green bonds, as well as issue shares and list on the HKEX. In 2022, the total issuance of green and sustainable debt, comprising both bonds and loans, in Hong Kong exceeded 80 billion USD, up40% from 2021, he said, adding that, Hong Kong welcomes and encourages theVietnamese Government to leverage this advantage by issuing green bonds there,thus facilitating its economic green transition process.
Moreover, Hong Kong andVietnam have embarked on an ambitious journey toward carbon neutrality fortheir respective economies by 2050. Hong Kong has a voluntary carbon credittrading platform called Core Climate, which could be traded globally in HKDand CNY. Therefore, Hong Kong welcomes increased collaboration with Vietnam inthis area, especially as the Hanoi Stock Exchange is considering the launch ofa voluntary carbon credit trading platform.
In his view, Hong Kongand Vietnam have the potential for collaboration at the government, business,and individual levels. The message from Hong Kong to the Vietnamese economy andpeople is a warm welcome to the talents and investments from Vietnam𝔍, hesaid./.
A business delegation of Hong Kong (China) will visit Hanoi and Ho Chi Minh City from January 8-14 to seek economic and investment cooperation opportunities between Vietnam and Hong Kong and Greater Bay Area in particular, and China in general.
Ho Chi Minh City always welcomes and creates optimal conditions for investors from Hong Kong (China) to operate in the city, stated Chairman of the municipal People’s Committee Phan Van Mai while receiving Jonathan Choi, Chairman of the Hong Kong-Vietnam Chamber of Commerce on January 12.
Ho Chi Minh City is an attractive destination with numerous opportunities for foreign investors, including those from Hong Kong (China), heard the Hong Kong - Ho Chi Minh City Investment & Business Forum and Networking Dinner held in the city on January 12.
A conference was held in Hong Kong (China) on April 19 to tighten relations between rice businesses from Vietnam and Hong Kong as well as promote Vietnamese high-quality rice in the market.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Secretary for Financial Services and the Treasury of Hong Kong Christopher Hui. (Photo: VNA) 
