The Chief Executive, Mr John Lee, met with the visiting Deputy Prime Minister of Vietnam, Mr Ho Duc Phoc, today (December 19) to exchange views on deepening co-operation between the two places. Also attending the meeting were the Deputy Financial Secretary, Mr Michael Wong, and the Secretary for Financial Services and the Treasury, Mr Christopher Hui.
      
     Mr Lee welcomed Mr Ho and his delegation to Hong Kong. Mr Lee noted that Vietnam is Hong Kong's sixth-largest trading partner with close economic and trade relations. In the first three quarters of this year, bilateral merchandise trade reached US$ 49 billion, representing a significant increase of 67 per cent compared to the same period last year. Last year, Mr Lee led a high-level business delegation to Vietnam, during which the two sides signed 30 Memoranda of Understanding and agreements covering various areas including trade, investment, education, tourism, and finance. He expressed confidence that Hong Kong and Vietnam will continue to strengthen multifaceted co-operation and achieve mutual benefit.
      
     Mr Lee highlighted that the Hong Kong Special Administrative Region Government has relaxed immigration arrangements for Vietnamese citizens visiting, working, or pursuing post-secondary studies in Hong Kong. In March this year, new measures were introduced to provide more convenient immigration arrangements for invited persons from the Association of Southeast Asian Nations countries, including Vietnam. These measures will further promote people-to-people exchanges and co-operation between Hong Kong and Vietnam in trade, professional services, and other sectors.
      
     Noting that Hong Kong will actively play its role as a "super connector" and "super value-adder" and fully leverage its unique advantages of connecting the Mainland and the world under the "one country, two systems" principle, Mr Lee said Hong Kong will promote pragmatic co-operation with Vietnam in high value-added areas such as finance, innovation and technology, trade, and the green and digital economy.

Ends/Friday, December 19, 2025
Issued at HKT 19:00

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