Hong Kong and Vietnam have numerous areas in which they could closely cooperate with each other, especially in professional financial services, Secretary for Financial Services and the Treasury of Hong Kong Christopher Hui said following his trip to Vietnam from December 13-15.

Amid economic uncertainties and fierce competition, improving connectivity between domestic and global logistics networks has become a pressing demand, experts said at a logistics forum with Asia-America 2023 held by the Ministry of Industry and Trade (MoIT) in Ho Chi Minh City on December 21.

Vietnam earned around US$10 billion in revenue from seafood export every year. Although the output of shrimp and fish exports are quite optimistic but the export value has remained unchanged.

The ‘Green Economy - Opportunity and Cooperation’ forum was organised by the HCM City Investment and Trade Promotion Center in collaboration with the Hyogo Prefecture Government.

Minister of Planning and Investment Nguyen Chi Dung is paying a working visit to the Republic of Korea (RoK) from December 19-21 to exchange experience with Korean partners on the development of semiconductor, hydrogen, liquefied natural gas (LNG) and green agriculture.

China, the world’s top processor of rare earths, on Dec 21 banned the export of technology to extract and separate the strategic metals, in a further step towards protecting its dominance in several strategic metals.

China has released the most recent catalog of technologies that are restricted or barred from export on Thursday, removing 34 items from the list and adding four new items, as it pushes ahead with efforts to promote international economic and technological cooperation, said the Ministry of Commerce.

The Department of Industry and Trade of Ho Chi Minh City has coordinated with several e-commerce platforms to organise a series of seminars on cross-border e-commerce and global growth opportunities for Vietnamese businesses.

Survey results on corporate culture show that the proportion of businesses having difficulty applying for budget for corporate culture increased by 5.3% compared to 2022.

The fishery industry continues to face challenges, including declining seafood resources, the European Commission’s yellow-card warning and low demand in major export markets.