PM attends Vietnam-Hong Kong Business & Investment Forum Prime Minister Nguyen Xuan Phuc has affirmed Vietnam's readiness to offer the best possible conditions for Hong Kong investors at the Vietnam-Hong Kong Business & Investment Forum. The event was organized on September 14 by the Vietnam Chamber of Commerce and Industry, the Chinese Chamber of Commerce in Hong Kong and the Hong Kong – Vietnam Chamber of Commerce. In his address, PM Phuc said Vietnam maintains political stability and the government is building a healthy business and investment environment, and boosting administrative reforms.  He underlined the need to build a facilitating government to better serve the people and business. "A good environment is waiting for you to continue your investment in Vietnam for mutual development and benefits. We pledge to create favourable conditions for Hong Kong businesses to invest in such as areas as banking, finance, insurance, maritime transportation, infrastructure development, electronic spare parts support industry, and processing and consuming agricultural produce," Phuc said.  The Vietnamese government leader said Vietnam has signed 12 free trade agreements and is negotiating four other deals. Its trade turnover increases 15% annually and reached US$330 billion in 2015. Businesses investing in the country are able to access the markets of G20 countries, who account for two thirds of the world population and 3 fourths of the global GDP, and the ASEAN market of 620 million people. Speaking at the forum, acting chief executive of the Hong Kong Special Administrative Region, Rimsky Yuen, praised the trade ties with Vietnam. Last year, Vietnam was the 9th largest trade partner of Hong Kong.  Permanent Honorary President of the Chinese General Chamber of Commerce in Hong Kong, Jonathan Choi, who is also Chairman of the Hong Kong-Vietnam Chamber of Commerce, hailed the Vietnamese Government’s solutions and determination to spur the country’s economic growth over the years. Vietnam plays an increasingly important role in development countries in East Asia and is one of the fastest-growing economies in ASEAN with GDP edging up 6.7% in 2015, he said, adding that Hong Kong has favourable conditions to enhance trade links between China and ASEAN member countries. Jonathan Choi show his hope that Hong Kong and Vietnamese businesses will offer mutual support to take advantage of opportunities represented by the “One Belt, One Road” initiative and the “Two Corridors, One Economic Belt” framework. Ten cooperative agreements and contracts worth US$10 billion were signed at the forum. Additionally, the Vietnam Chamber of Commerce and Industry (VCCI) also inked cooperation agreements with the Chinese General Chamber of Commerce in Hong Kong, the Hong Kong-Vietnam Chamber of Commerce and the Hong Kong Trade Development Council. VOV