Business News

We wish you a healthy and prosperous year of 2021! For the upcoming year, the Federation will continue to foster global co-operation, enhance communication exchanges and synergy among the Hong Kong business associations worldwide. We are pleased to provide some updates of the Federation:

1. Materials, tyre and inner tube supply
2. Breakdown display equipment supply
3. Equipment and materials supply
4. Materials and equipment supply
5. Equipment and materials supply-bid extend
----and more news

The State Bank of Vietnam is predicted to continue maintaining a loose monetary policy with low interest rates, even as the global economy is showing positive signs.

Vietnam is pushing ahead in its mission to become the ideal manufacturing hub for overseas investors by taking advantage of a largely pandemic-free landscape and building on 2020’s successes.

Foreign Direct Investment (FDI) registered in Vietnam hit US$28.53 billion in 2020 as of December 20, 2020, down 25% year on year, according to the Ministry of Planning and Investment. They disbursed US$19.98 billion of their registered value, down 2% year on year.

All goals and objectives in the 2020 Plan of the industrial and trade sector were successfully fulfilled to positively contribute to the overall economic growth of Vietnam at 2.91%.

Resolution 02/2021 is expected to continue to step up reforms to further improve the business environment and enhance national competitiveness.

1. Connecting equipment supply-bid cancel
2. Inlet device for separator supply-bid extend
3. Insulator washing equipment supply
4. Materials and equipment supply
5. Electric equipment and materials supply
----and more news