A delegation of representatives from dozens of Hong Kong companies made a field trip to the southern province of Binh Duong on June 25 to learn about the local investment climate.
Tran Thanh Liem, Chairman of Binh Duong People’s Committee hands over a gift to HKTDC Executive Director Margaret Fong (Photo: baobinhduong.vn)
Binh Duong (VNA) –A delegation of representatives from dozens of Hong Kong companies ma꧙de a field trip to the southern province of Binh Duong on June 25 to learn about the local investment climate.
According to Hong Kong Trade Development Council (HKTDC) Executive Director Margaret Fong, Hong Kong has so far invested more than one million USD in 82 projects in Binh Duong, mostly in the sectors of garment-textile, woodwork and plastic bag production.
Vietnam’s signing of the Trans-Pacific Partnership has opened up opportunities for investors, while Hong Kong is working to secure trade agreements with ASEAN member states. In other words, HKTDC considers Vietnam a priority market.
She hailed Binh Duong for its marked socio-economic achievements over the past time, saying they serve foundations for Hong Kong firms to invest in the locality.
Tran Thanh Liem, Chairman of the provincial People’s Committee, said local authorities are committed to building a favourable and safe business climate for investors.
Binh Duong is expected to become a centrally-run city by 2020, with 10,000 hectares of industrial and urban land zoned off in preparation for the future landing of investors.
The province has attracted 25 billion USD in foreign investment so far. It contributed 21 billion USD to the country’s export revenue last year.-VNA
Authorities of the southern province of Binh Duong pledged to create optimal condition for foreign enterprises to operate in the locality, said a local senior official.
The Far Eastern Group from Taiwan (China) is accelerating a 760 million USD project serving cloth and fibre production in southern Binh Duong province’s Bau Bang Industrial Park.
Binh Duong province attracted 1.097 billion USD in foreign direct investment (FDI) as of mid-June, equivalent to 78.3 percent of its yearly plan and up 8.3 percent against the same period last year.
Companies from Hong Kong are seeking investment opportunities in Vietnam, while many Vietnamese firms consider Hong Kong a bridge that helps them access international customers, a Hong Kong economic e
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Tran Thanh Liem, Chairman of Binh Duong People’s Committee hands over a gift to HKTDC Executive Director Margaret Fong (Photo: baobinhduong.vn)
