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Home >> Business
UPDATED: 13:10, November 18, 2006
HK chief executive calls for more investment in Vietnam
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The business people in Hong Kong should invest more in Vietnam as it is one of the fastest growing and most dynamic economies in Asia, the top official of the Hong Kong Special Administrative Region (HKSAR) said Friday.

"The Hong Kong people should continue to take a keen interest in investing and participating in the growth," HKSAR Chief Executive Donald Tsang told a group of Hong Kong business people.

Tsang is here to attend the annual economic leaders meeting of the Asia-Pacific Economic Cooperation (APEC) to be held Saturday and Sunday.

The business opportunities in Vietnam are enormous, particularly after Vietnam became the 150th member of the World Trade Organization (WTO), which means that the country would be more open to foreign investment and trade, he said.

Tsang said that he would talk with Vietnamese officials on forging closer aviation ties and on service industry where Hong Kong is strong.

As a member of APEC, Hong Kong will continue take an active part in APEC activities and push for the resumption of the stalled Doha Round of trade talks, he said.

He pointed to the fact that a healthy multi-lateral trading system is key to Hong Kong's prosperity.

APEC groups 21 member economies, which account for more than a third of the world's population, over 50 percent of world's GDP and nearly half of world trade.

Source: Xinhua


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