The event was co-organised by Vietnam’s General Consulate in Hong Kong and Macau and the Hong Kong-Vietnam Chamber of Commerce and Industry.

Addressing the seminar, Vietnamese consul general in Hong Kong and Macau, Pham Cao Phong said that Vietnam’s economy was affected by the impact of the global economic crisis last year but thanks to its timely policies, Vietnam has gradually overcome its difficulties, prevented the risk of inflation and economic downturn, maintained macro-economic stability, and ensured social welfare.

Nguyen Van Thanh, deputy chairman of Quang Ninh province’s People’s Committee said the event was a good opportunity for Hong Kong investors and enterprises to learn more about Vietnam’s investment environment. He also introduced the province’s advantages and strengths to encourage more investment.

Financial experts also introduced Vietnam’s tax policies and answered queries from Hong Kong businessmen.

Especially, over the past nine months of this year, total registered FDI in Vietnam reached USD12.5 billion with disbursement reaching 57 percent (USD7.2 billion). This has proves that Vietnam remains an attractive destination for foreign investors because of geographical location, political and social stability, resources, young labour force and stable economic growth as well as incentives and open-door policies for investment.