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HKBAV News
HONG KONG AND VIETNAM SIGN 2ND PROTOCOL TO COMPREHENSIVE AGREEMENT ON AVOIDANCE OF DOUBLE TAXATION
The second protocol upgrades the Exchange of Information Article in the Agreement to the 2004 version of the Organisation for Economic Co-operation and Development. The Article requires the contracting parties, upon receiving a request for information, to exchange information even when there is no domestic tax interest involved. The second protocol will come into force after the completion of ratification procedures and notification by both sides. In the case of Hong Kong, an order is required to be made by the Chief Executive in Council under the Inland Revenue Ordinance. The order is subject to negative vetting by the Legislative Council.
Details of the Second Protocol to the Agreement for the Avoidance of Double Taxation between Hong Kong and Vietnam. Please click here or you can be found on the Inland Revenue Department website at
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A NEW MILESTONE: HKBAV–FHKI THREE-YEAR PARTNERSHIP OFFICIALLY LAUNCHED
A historic moment for Hong Kong-Vietnam business collaboration was marked last night. We are proud to announce the successful signing of a three-year Memorandum of Understanding (MOU) between the Hong Kong Business Association Vietnam (HKBAV) and the Federation of Hong Kong Industries (FHKI). The signing ceremony, a highlight of the Networking Dinner graciously hosted by The Hong Kong Economic and Trade Office (HKETO) in Singapore and FHKI, sets a strategic framework for deepening industrial development, trade, investment, and sustainable growth between our regions.
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HKBAV WELCOMES CATHAY PACIFIC’S NEW OFFICIAL REPRESENTATIVE — MS. KELLY TSANG
On behalf of the Hong Kong Business Association Vietnam (HKBAV), we are delighted to acknowledge the appointment of Ms. Kelly Tsang, Area Head for Cambodia, Thailand and Vietnam, as the official representative of Cathay Pacific to HKBAV. Ms. Tsang joined the Swire Management Programme in 2016 and has since taken on diverse leadership roles within Cathay.
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HKBAV WELCOMES NEW GENERAL COMMITTEE MEMBER – MR. WU LIN
The Hong Kong Business Association Vietnam (HKBAV) is pleased to welcome Mr. Wu Lin, Deputy General Manager of Bank of China (Hong Kong) Ho Chi Minh City Branch, as a new member of our General Committee Board. Mr. Wu has over 30 years of experience in the banking and financial industry. He joined the Bank of China (BOC) in 1994 and has held several senior management roles across China, Thailand, and Vietnam.
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