The Hong Kong Business Association Vietnam – HKBAV is a non-profit, non-governmental, and non-political voluntary Membership Association of Hong Kong business in Vietnam that was established in HCMC in 1999 and Hanoi in 2012. The aim of HKBAV is to provide interaction among Members and the local/international business communities. We welcome Members of all nationalities who are interested in having business relations with Hong Kong and its members operating in Vietnam. HKBAV has since earned a bona fide reputation amongst the International Business communities in Vietnam through the activities it organized. Being one of the Consortium Associate Members.
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View allUS AND VIETNAM BUILD MOMENTUM WITH UPGRADED TIES
In the six months since the historic upgrade of the US-Vietnam relationship to a Comprehensive Strategic Partnership, the United States and Vietnam have built on the momentum of our elevated relationship to advance bilateral cooperation across a range of areas.
LENDING SLOWDOWN THREATENS TO DELAY REAL ESTATE RECOVERY
Phan Duc Tu, chairman of BIDV’s Board of Directors, said, “Over the first 80 days of 2024, BIDV has disbursed loans totalling $18.95 billion to the economy. However, the figure is lower than its debt repayment of $19.55 billion. As of March 11, the bank’s outstanding balance contracted approximately 1 per cent compared with the end of 2023.”
BUSINESS ENVIRONMENT REFORM NEEDS FURTHER PROMOTION: EXPERT
Ministries, sectors and localities need to drastically improve the business environment, including improving the efficiency in implementing reform. That was the message from Nguyễn Thị Minh Thảo, head of the Business Environment and Competitiveness Research Department at the Central Institute for Economic Management (CIEM).