Vietnam, Hong Kong develop Gulf of Tonkin economic belt

(VOV) - A Vietnamese delegation led by Ho Xuan Son, Deputy Minister of Foreign Affairs, held a working session with the Hong Kong-Vietnam Chamber of Commerce, on July 31.

Dr Jonathan Choi, Chamber president said that the meeting offered a good chance for members to learn about investment opportunities in the Southeast Asian nation.

Dr Jonathan Choi expressed his belief that the improved Hong Kong-Vietnam relationship will contribute to the development of the Gulf of Tonkin economic belt, especially the Hong Kong-Guangxi-Vietnam triangle.

For his part, Son reviewed the outstanding achievements in relations between Vietnam and China as well as Hong Kong. Son emphasized that State President Truong Tan Sang’s State-level visit to China in June this year have laid a solid foundation for consolidating trust among senior  leaders and boosting bilateral political relations.

Accordingly, both sides have decided to further promote economic and trade cooperation, striving to bring bilateral trade turnover to US$65 billion by 2015.  They have also made great efforts to balance bilateral trade.

During the session, Hong Kong businesses highlighted Vietnam’s investment environment in recent times, saying that they will continue to pursue a long-term business strategy in Vietnam.

On the occasion, representatives from relevant ministries and agencies answered queries from Hong Kong businesses, about the supply of human resources and stabilization of exchange rates.

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