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Vietnam & Hong Kong
Trade Relations with Vietnam
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Vietnam maintains a good trading relationship with Hong Kong. Bilateral trade between Hong Kong and Vietnam increased 44.2% from HK$16.5 billion in 2006 to HK$23.8 billion in 2007. In 2007, Vietnam was Hong Kong's 23rd largest trading partner, 22nd largest market for domestic exports and 20th largest market for re-exports, and 25th largest source of imports. |
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Hong Kong is also an important entrepot for trade between Mainland of China and Vietnam. Re-export of goods of Mainland origin through Hong Kong to Vietnam increased by 51% from HK$7.8 billion in 2006 to HK$11.6 billion in 2007. |
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Hong Kong's domestic export of goods to Vietnam totalled about HK$0.7 billion in 2007. The top three domestic export categories to Vietnam in 2007 were:
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Tobacco and tobacco manufactures |
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Plastics in primary forms |
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Textile yarn, fabrics, made-up articles, and related products |
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Hong Kong's re-export of goods to Vietnam totalled about HK$17.3 billion in 2007. The top three re-export categories to Vietnam in 2007 were:
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Textile yarn, fabrics, made-up articles, and related products |
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Telecommunications and sound recording and reproducing apparatus and equipment |
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Office machines and automatic data processing machines |
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Hong Kong's import of goods from Vietnam totalled about HK$5.8 billion in 2007. The top three import categories from Vietnam in 2007 were:
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Telecommunications and sound recording and reproducing apparatus and equipment |
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Electrical machinery, apparatus and appliances, and electrical part thereof |
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Footwear |
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| 557 |
-1.7 |
712 |
+28 |
| 11,168 |
+18.5 |
17,307 |
+55 |
| 11,724 |
+17.3 |
18,019 |
+54 |
| 4,839 |
+25.1 |
5,790 |
+20 |
| 16,564 |
+19.5 |
23,809 |
+44 |
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Bilateral Investment
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As at end 2006, Vietnam ranked outside the first 30 major sources of inward direct investment into Hong Kong. |
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As at end 2006, Vietnam ranked outside the first 20 major destinations of outward direct investment from Hong Kong. |
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The Vietnam - Hong Kong Investment Promotion and Protection Agreement (IPPA) was initialled in May 1995. |
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