Want to be in the loop?
subscribe to
our notification
Business News
HK, VIETNAM SIGN IMMIGRATION PACT
Secretary for Security Tang Ping-keung began his visit programme in Vietnam today by calling on the Ministry of Public Security and witnessing the signing of a memorandum of understanding (MOU) on co-operation concerning immigration matters between Hong Kong and Vietnam.
In the morning, Mr Tang met Vietnam’s Deputy Minister of Public Security Luong Tam Quang and introduced to him Hong Kong's latest situation.
Both sides exchanged views on the collaboration of immigration matters and the safeguarding of public safety.
They then witnessed the signing of the MOU by Director of Immigration Au Ka-wang and Vietnam’s Director General of Immigration Department Pham Dang Khoa on enhancing co-operation in respect of immigration matters linking the two places.
The pact will enhance exchanges of experience and information in relation to immigration matters between both places in various areas, including detecting and seizing fake travel documents, as well as preventing and combatting illegal entry and exit.
The two places will also strengthen co-operation on verification and repatriation of illegal migrants to enhance efficiency.
Noting that the exchanges between Hong Kong and Vietnam in terms of trade and people-to-people connection have been increasing over the years, Mr Tang said the signing of the MOU signifies that their close relations have scaled new heights.
He welcomed more Vietnamese visitors to travel to Hong Kong and do business in the city. He also expressed his hope that more young talent in Vietnam will pursue their studies in Hong Kong and stay to develop their careers after graduation.
In the afternoon, Mr Tang had a meeting with the heads of the Department of External Security, the Department of Homeland Security and the Department of Foreign Relations under Vietnam’s Ministry of Public Security, and exchanged views with them on matters including anti-terrorism and the safeguarding of national security.
In the evening, Mr Tang visited a Hong Kong enterprise's investment in Vietnam to learn about its operation and the local business environment.
Apart from meeting some Hong Kong people in Vietnam to understand more about the socio-economic situation there, he also briefed the group about the latest developments in Hong Kong.
Mr Tang will depart for Singapore tomorrow.
Source: News.gov.hk
Related News
VIETNAM’S GDP TO GROW 5.5% THIS YEAR – WB
This forecast is based on the assumption of a moderate recovery in manufacturing exports in 2024, fueled by rebound growth of 8.5% year-on-year in the fourth quarter of 2023 and 17.2% year-on-year in the first quarter of 2024, reflecting strengthening global demand, said Dorsati Madani, senior country economist at the WB in Vietnam.
FARE REFUND FOR VISA REJECTION
Cathay Pacific will offer full refunds for cases of visa rejection to provide you with the confidence to explore the world with ease. If you are planning to fly to a destination that requires an entry visa, you can now book with greater peace of mind.
FOUR COMMODITIES POST Q1 EXPORT VALUE OF OVER 5 BILLION USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
MOIT PROPOSES SCHEME TO BOOST RENEWABLE ENERGY PROCUREMENT
The proposed Direct Power Purchase Agreement (DDPA) mechanism, outlined in the draft decree, targets organisations and individuals consuming electricity from the 22kV power grid or higher, with a monthly consumption averaging 500,000kWh. However, residential households are excluded from direct procurement.
REAL ESTATE BONDS PLACE PRESSURE ON ISSUING FIRMS
The ministry’s recent report underscores concerns within Vietnam’s corporate bond market for 2023 and 2024. It emphasizes the critical need to address hindrances to the real estate sector in line with the objectives provided in Government Resolution No. 33/NQ-CP, which aims to stabilize the industry.
DA NANG CUSTOMS FOCUSES ON DEVELOPING CUSTOMS-BUSINESS PARTNERSHIPS
Da Nang Customs Department issued an action plan for developing customs-business partnership in 2024. One of the new events this year is the workshop on “Settlement reports for enterprises engaged in outsourcing, export production and export processing” held in Da Nang Customs Department on April 16, 2024.