Hanoi, Hong Kong step up cooperation
Hanoi will prioritise cooperation with China’s Hong Kong in the fields of trade, investment, culture, tourism and infrastructure building.
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| Chairman of Hanoi People’s Committee Nguyen Duc Chung (R) meets with Chief Secretary of the Hong Kong Special Administrative Region Carrie Lam Cheng Yuet-ngor |
He suggested Hong Kong share experience in urban management, development of small-and medium-sized enterprises (SMEs), and high-quality human resources training.
Hanoi also hopes to increase exchanges and partnership with Hong Kong businesses, he said, adding that the city is taking drastic measures to improve administrative procedures and the investment environment to attract foreign investors into infrastructure development, urban railway, tourism and social welfares.
He added that Hanoi is an attractive destination for overseas firms to explore win-win investment and cooperation opportunities.
Carrie Lam Cheng Yuet-ngor said Vietnam is currently the third biggest trade partner of Hong Kong among ASEAN member countries.
She highlighted Hanoi as a big city in the world with rich history and culture, saying there is a plenty of room for the two sides to cooperate in trade, investment, culture, tourism and infrastructure.
Hong Kong is willing to share experience with Hanoi in urban management, public transport, and the training of human resources, especially in fire fighting.
Chairman Nguyen Duc Chung described Hong Kong as an economic hub in the region and the world and a big economic partner of Vietnam.
He noted that Hong Kong companies are running 155 investment projects worth nearly US$1.3 billion in Hanoi.
Two-way trade surpassed US$1.5 billion in 2015, he cited.
Chung accompanied Prime Minister Nguyen Xuan Phuc in his official visit to China from September 10-15.
