HK Economy- Highlight
21 Jan 2019
Thanks to rising incomes and growing consumer sophistication, Vietnam is becoming a lucrative market for lifestyle products. Eco-friendly products, packaged food, fashion and accessories are some of the highly sought-after products for Vietnamese buyers. Given the fast-growing e-commerce trend in Vietnam, Hong Kong companies looking to explore the Vietnamese market should make use of B2B or B2C platforms.
The definition of goods of mainland / Hong Kong origin for the purposes of CEPA has been clarified. In line with this, goods wholly-produced on the mainland or in Hong Kong (or produced with approved raw materials) will be considered to be of mainland / Hong Kong origin.
To explore how Hong Kong and other Guangdong cities can use the opportunity arising from the Bay Area initiative for co-operation and development in innovation and technology, HKTDC Research conducted a study in Guangdong and collected views from local commerce officials and companies. RoboSense provides an excellent illustration of how Hong Kong can help mainland science and technology innovation enterprises develop.