The businesses are mainly operating in the food and beverage, retail, environment, financial investment and real estate management fields.

The Vietnamese Deputy Consulate General and Trade Counselor to Hong Kong and Macao, Pham Van Cong, said that economic ties between Vietnam and Macao remains modest with two-way trade reaching US$34 million in 2011.

Vietnam exports seafood, coffee, cashew nuts, vegetables and consumer goods to Macao, and imports primarily equipment and plastics.

An exchange on how to boost economic cooperation between Vietnam and Macao was also organized, aiming to introduce Macao’s potential to Vietnam, encourage businesses to invest in tourism, and provide updated information on markets and business registration procedures.