Hong Kong’s Secretary for Commerce and Economic Development Algernon Yau (right) speaks at a meeting with the members of Vietnam Chamber of Commerce and Industry in Hanoi to promote Hong Kong's business advantages and investment opportunities, highlighting a number of measures announced in the Chief Executive's Policy Address to attract enterprises and investments more proactively and aggressively, on Jan 9, 2023. (PHOTO / INFORMATION SERVICES DEPARTMENT, HKSAR)

HONG KONG – Secretary for Commerce and Economic Development Algernon Yau on Monday met senior government officials and business leaders in Hanoi, Vietnam, to promote Hong Kong's business advantages and opportunities.

He updated them on Hong Kong’s latest trade and economic development and explored collaboration opportunities in various areas.

During his first official visit to Vietnam, Yau met with Deputy Minister of Industry and Trade Tran Quoc Khanh to discuss various trade and economic issues.

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At the meeting, Yau underlined the close trade and economic relations between Hong Kong and Vietnam, adding that Hong Kong is keen to take its economic integration with Vietnam to the next level by joining the Regional Comprehensive Economic Partnership (RCEP).

He also thanked Vietnam for its continued support for Hong Kong's admission to the partnership.

In his meeting with Vietnam Chamber of Commerce and Industry members, Yau highlighted a number of measures announced in the Chief Executive’s 2022 Policy Address to attract enterprises and investments more proactively and aggressively. 

Secretary for Commerce and Economic Development Algernon Yau (right) pays a courtesy call on the Chinese Ambassador to Vietnam Xiong Bo (left), in Hanoi, Vietnam, Jan 9, 2023. (PHOTO / INFORMATION SERVICES DEPARTMENT, HKSAR)

He appealed to Vietnamese enterprises to leverage Hong Kong’s unique advantages to explore the tremendous opportunities available in the Chinese mainland.

A Hong Kong business delegation of Hong Kong chambers of commerce also attended the meeting.

The commerce chief also paid a courtesy call on Chinese Ambassador to Vietnam Xiong Bo in the afternoon to update him on Hong Kong’s latest economic situation.

Secretary for Commerce and Economic Development Algernon Yau (second right), together with Chairman of the Chinese General Chamber of Commerce, Hong Kong, Dr Jonathan Choi (first right), and Consul-General of Vietnam in Hong Kong Pham Binh Dam (second left) visits Hung Yen Industrial Park in Hanoi, Vietnam, and meets with government officials, Jan 8, 2023. (PHOTO / INFORMATION SERVICES DEPARTMENT, HKSAR)

Earlier on Sunday, Yau visited Hung Yen Industrial Park and met government officials to learn about the latest development of local enterprises and investment opportunities.

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He also visited the ULIS-Jonathan KS Choi Cultural Centre in Vietnam National University in Hanoi.