BANK OF COMMUNICATIONS (HONG KONG) LTD. AND HONG KONG BUSINESS ASSOCIATION VIETNAM ESTABLISH FRIENDLY RELATIONSHIP

Happy New Year!

In early 2024, representatives from the Bank of Communications (Hong Kong) Ltd. (“the Bank”) visited the Hong Kong Business Association Vietnam (HKBAV) to explore the cross-border financial services needs of the overseas Chinese in Vietnam. The Bank was honorably invited to join the membership of HKBAV and became a member subsequently. Later in December 2024, when HKBAV attended the Hong Kong Forum, the Bank sincerely invited Mr. Chiu, the Chairman, and the representatives of HKBAV to meet at the Bank of Communications Tower to exchange views on the economy, banking services, etc. along with a dinner reception, during which many representatives expressed their interests about the Bank’s cordial financial services.

Bank of Communications Group is committed to supporting the country's development plan of the Belt and Road Initiative and has an overseas branch in Ho Chi Minh City. The Bank focuses on the practical needs of overseas Chinese in Vietnam. With a group of professionals specialized in account services, financial planning and dedicated branches in place, the Bank strives to build an all-rounded cross-border financial service platform for the members of HKBAV.

For corporate or personal banking enquiry, you are welcome to contact our Bank or via HKBAV office. Our seasoned staff members with knowledge of different Chinese dialects will provide customers with dedicated one-on-one financial services.

We look forward to cooperating with HKBAV in the near future!

Related News

VIETNAM ECONOMY INVESTMENT

RETAIL, SERVICE REVENUE NEARS VND1.24 QUADRILLION IN FIRST TWO MONTHS

Retail revenue from goods and services reached nearly VND1.24 quadrillion in the first two months of 2026, up 7.9% from a year earlier, according to the National Statistics Office. The statistics agency reported on March 6 that trade and services remained strong in February, meeting shopping demand during the Lunar New Year holiday.

Mar 12, 2026

VIETNAM ECONOMY INVESTMENT

INDUSTRIAL PRODUCTION RISES 10.4% IN JAN-FEB

Vietnam’s index of industrial production (IIP) rose 10.4% in the first two months of 2026 from a year earlier, according to a report released by the National Statistics Office on March 6. The growth exceeded the 7.5% increase recorded in the same period last year. In February alone, industrial production fell 18.4% from January as factories reduced operations during the extended Lunar New Year holiday and the number of working days declined.

Mar 12, 2026

VIETNAM ECONOMY INVESTMENT

HCMC SETS DOUBLE-DIGIT GROWTH, GREEN TARGET FOR WOOD SECTOR

HCMC is aiming for double-digit growth in its wood industry in 2026, with 80% of products required to meet green and traceability standards. The target was announced by Nguyen Van Duoc, chairman of the HCMC People’s Committee, at the opening of the HCMC Export Furniture Fair 2026 (HawaExpo 2026) on March 4.

Mar 12, 2026

VIETNAM ECONOMY INVESTMENT

FDI REGISTRATIONS REACH US$6.03 BILLION IN JAN–FEB

Vietnam saw US$6.03 billion in foreign investment registered in the first two months of 2026, down 12.6% year-on-year, while disbursed foreign direct investment (FDI) rose 8.8% to US$3.21 billion, the highest level for the two-month period in the past five years. According to the Foreign Investment Agency under the Ministry of Finance, the total registered foreign investment, including newly licensed projects, additional capital and capital contributions or share purchases, amounted to US$6.03 billion as of the end of February.

Mar 12, 2026

VIETNAM ECONOMY INVESTMENT

VIETNAM HAS 35,500 NEW MARKET ENTRANTS IN FIRST TWO MONTHS

Nearly 35,500 businesses were newly registered in Vietnam in the first two months of 2026, surging 70.7% year-on-year, according to data released by the National Statistics Office on March 6. Total registered capital of the new firms reached nearly VND313.7 trillion, up 36.1% from the same period last year. Registered employment exceeded 167,500 workers, increasing 19.1%.

Mar 12, 2026

VIETNAM ECONOMY INVESTMENT

TRADE REVENUE RISES 22.2% IN JAN–FEB

Vietnam’s total import-export revenue reached US$155.7 billion in the first two months of the year, up 22.2% from a year earlier, with a trade deficit of US$2.98 billion, according to the National Statistics Office. A report released on March 6 showed exports totaled US$76.36 billion in January–February, up 18.3% year-on-year, while imports rose 26.3% to US$79.34 billion.

Mar 12, 2026