Northern Vietnam now stands out on the radar of global manufacturers looking for alternative production bases to China. As well as the demonstrable cost benefits, the region also has the advantage of being close to Southern China and good potential for industrial development.More
Mainland China, the Middle East, Africa and Asia are important markets for Hong Kong and overseas investors through the SAR say HKTDC regional directors. Hong Kong is preferred for raising finance, professional services and innovative technology advantages while the SAR is an indispensable hub for Belt and Road and Greater Bay Area opportunities, advantaged by major HKTDC trade exhibitions.
Hong Kong’s export outlook has taken a turn for the worse as the global trade environment has deteriorated sharply amid the unprecedented Covid-19 pandemic, which has seriously disrupted global supply chains and severely dampened worldwide demand. In view of the threats of a sharply distressed global economy and ongoing trade protectionism, HKTDC Research has lowered its 2020 export growth forecast to -10% from -2% amid substantial downside risk.More
Asia Pacific business leaders are forging ahead with plans despite economic constraints while many Chinese mainland executives are confident of prospects, said Raymund Chao of PwC, quoting the firm’s latest survey. Speaking beside the Asian Financial Forum 2020, he said major developments, the Belt and Road Initiative and Guangdong-Hong Kong-Macao Greater Bay Area, are very positive for business while AFF 2020 is the platform to connect the region’s leaders. More
Digital transformation of economies was a major issue presented at the Asian Financial Forum 2020 by knowledge partner, PwC. Speaking beside the event, Elton Yeung also said PwC was pleased to host 2019 Nobel Economics Laureate Abhijit Bannerjee on building an inclusive economic model and described the AFF as a valuable regional platform to discuss the latest trends and innovations.More
Digital innovation, green finance and China’s opening up are key opportunities for Hong Kong entrepreneurs said Mary Huen of Standard Chartered Bank (Hong Kong). Speaking beside the Asian Financial Forum 2020, she said bank-related Fintech development is working well in Hong Kong while AFF 2020 had a forward-looking agenda and was a great sharing platform for those taking part.More
Operating in 46 Belt and Road countries, Standard Chartered PLC views the Initiative as a cornerstone for global trade for years to come, says Bill Winters. Speaking beside the Asian Financial Forum 2020, the bank’s Group Chief Executive says Hong Kong is its hub and fundamental connector to the Belt and Road while he rates AFF 2020 as the best yet.More
With a population of more than 1.3 billion people, India attracts increasing attention from global investors who are keen to explore its market potentials.
Speaking at the seminar ‘Tips on Entering Indian Electronics Industry’ organised by the Hong Kong Trade Development Council, the Senior Manager of Tata Croma shared his insights on the Indian electronics retail market, reminding investors that timely market intelligence and long-term commitment were the keys to success in the Indian market.
From Internet of Things (IoT) toy apps to trade platforms and online management as well as re-usable masks, Hong Kong’s Bull.B Technology is dedicated to bringing customers closer to their markets. With over 300 projects underway the company sees the Belt and Road Initiative and Greater Bay Area Development Plan as major business opportunities, backed by HKTDC trade events. More
Kenya has witnessed the rise of indigenous e commerce platforms and the increasing footprints of international players, offering significant jump start potential for businesses looking to tap into the country’s consumer market via online channels.