Hong Kong to consume more Vietnamese products

Hong Kong’s Minister of Justice Rimsky Yuen made the statement at a February 20 seminar in HCM City.

Rimsky said Hong Kong now has approximately 1,200 lawyers, 6,000 consultant lawyers and 1,400 foreign lawyers working for more than 800 law firms. It can meet most legal and arbitrator demands, not only in line with Hong Kong law but also international regulations should trade disputes occur.

Participants at the seminar acknowledged Hong Kong is a gateway to China and other countries and therefore it is a key market for many Vietnamese export products.

They encouraged the Vietnamese business community to take advantage of the opportunity to fully tap into this market and expand to other markets.

Trade relations between Vietnam and Hong Kong have grown and flourished in recent times. In January 2014 Vietnam exported mainly seafood, rice, wood, timber products and garments to Hong Kong, earning US$357.9 million.

The seminar “Hong Kong- an international centre for legal and arbitrator services” was organised by the Vietnam Chamber of Commerce and Industry branch in HCM City, the Department of Justice of the Hong Kong Special Administrative Region, the Hong Kong Trade Promotion Agency and the Hong Kong Economic and Trade Office.

It aims to create the best possible conditions for the two business communities to boost cooperation and accelerate investment in Hong Kong.