Vietnam attends World SME Expo in Hong Kong

(VOV) -Vietnam has opened a stand to promote its trade, commerce and investment environment to thousands of visitors at the World Small and Medium Enterprise (SME) Expo, which opened in Hong Kong on December 6.

Expo attendees gained valuable knowledge of key Vietnamese businesses, as well as trade and investment policy and staple export products, such as garments, seafood, cashew nuts and coffee.

The Hong Kong Trade Development Council (HKTDC), the Expo’s organising board, praised the success of the Vietnamese stand, saying that it will help boost exports from Vietnam to Hong Kong and other countries in the coming years.

This year’s World SME Expo drew 700 exhibitors from 20 countries such as the US, Canada and various ASEAN members.

Trade turnover between Vietnam and Hong Kong has developed rapidly in recent years, reaching US$3.7 billion in just the past 10 months of 2012, and already surpassing the total for 2011.

By October this year, Hong Kong had invested in 692 projects in Vietnam with a total registered capital of US$11.916 billion, ranking it sixth out of 96 investor countries or territories.