Hong Kong Bankers Association and Industrial Confederation lead delegation to visit Vietnam to strengthen cooperation in banking, capital markets, finance, and other areas.

The Hong Kong Bankers' Association and the Hong Kong General Chamber of Commerce jointly organized their first overseas delegation, leading over 40 representatives from the banking sector and local Hong Kong enterprises to visit Hanoi, Vietnam from September 14th to September 16th. The delegation visited various government departments and chamber leaders in Vietnam, including the Ministry of Finance, the State Bank of Vietnam, and the Vietnam Chamber of Commerce and Industry. They exchanged views on cross-border cooperation opportunities in the region and visited the Vietnam-Singapore Industrial Park to understand the local business environment. Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, stated that Hong Kong's unique advantages can support Greater China Enterprises in expanding into the Vietnamese market and assist Vietnamese companies in going global. There are broad prospects for deepening cooperation in areas such as trade and investment, banking, capital markets, green finance, and financial technology. Chairperson of the Bankers' Association, Anita Fung, mentioned that Vietnam is Hong Kong's second largest trading partner in ASEAN. The Hong Kong banking industry can meet the financial technology needs of local financial institutions and businesses, support them in leveraging Hong Kong's experience to explore green bond and project financing markets, strengthen cross-border cooperation, and promote trade development in the region. Chairperson of the General Chamber of Commerce, George Leung, stated that Vietnam is an important gateway to the ASEAN market and expressed hopes to build a cooperation bridge for businesses by connecting Hong Kong's industrial strength and financial expertise with Vietnam's development opportunities.