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22Jul•Aug•Sep 2012In BiZ WithIn Thailand, the trade valuebetween the two economiesexceeded US$15 billion (S$19billion), a 7% increase year on year.The country is also lookingat positioning Hong Kong as aspringboard to reach the market inthe Chinese mainland. Last year,16.7% of Thailand’s trade with themainland was routed throughHong Kong.The special administrative regionis looking at closer ties with Bruneitoo. Last April, trade officials fromboth places said they hoped tofacilitate opportunities to createtrade awareness between the twobusiness communities.Developing economies such asVietnam, Cambodia and Indonesiaare attractive destinations forHong Kong entrepreneurs,especially in the retail, propertyand telecommunication sectors.There is good potential for agreater flow of investmentbetween these emerging marketsHong Kong FestivalHong Kong is celebrating its 15 thanniversary of the setting up of theHong Kong Special AdministrativeRegion. To mark this specialoccasion, the Hong Kong Economicand Trade Office (ASEAN) and itspartners are organising a series ofand Hong Kong. In fact, the specialadministrative region is Cambodia’ssecond largest trading partner.Vietnam-Hong Kong traderelations have seen strong growthas well. The two-way trade turnoverreached US$8.4 billion last year and,in the first two months of this year,the figure was US$526.4 million– an increase of 103.4% year on year.Vietnam’s exports to Hong Kongconsists mainly of electronic andspare parts, cables, rice as well asseafood products.Singapore and Hong Kong areeach other’s fifth largest tradingpartners. The average annualgrowth rate in bilateral tradebetween Hong Kong and Singaporewas 6% from 2007 to 2011, withtotal trade value reaching US$39.9billion in 2011.Hong Kong is also Singapore’ssecond largest export market,while the republic is Hong Kong’slargest supplier of petroleum oilsand oil products. •events in Singapore to showcaseHong Kong’s business communityand its arts and culture, withcultural performances, gastronomicexperiences, a business forum, agala dinner, dragon boat racing andother events to look forward to.PAVING THEWAY FORBUSINESSSet up in 1995, the Hong KongEconomic and Trade Office(ASEAN), or HKETO, fostersbilateral relations between HongKong and all 10 ASEAN membercountries. The office assistsbusinesses looking to start orexpand their operations in HongKong or in mainland China via HongKong. It also promotes arts, culturaland educational exchanges betweenHong Kong and ASEAN.HKETO collaborates with twostatutory boards – the Hong KongTrade Development Council andthe Hong Kong Tourism Board – topromote the special administrativeregion as a good business locationand a must-go tourist destination.Hong Kong Economic and TradeOffice (ASEAN) of the Governmentof the Hong Kong SpecialAdministrative Region#34-01 Suntec Tower Two,9 Temasek Boulevard,SingaporeE-mail: hketo_sin@hketosin.gov.hkWillie Tan, Deputy Headof Investment PromotionContact: +65 6338 1771E-mail: willie_tan@hketosin.gov.hkWinsston Chu angEVENT DATE VENUEHong Kong-inspired menu by Singapore’scelebrity chef Willin LowPrelude to the Hong Kong Wine & Dine Month 2012Spirits Play: A work by Asian theatre mastersDanny Yung from Hong Kong and Makato Satofrom JapanPresented by Singapore’s Theatre PracticeGala dinner in celebration of the 15 th anniversaryof the establishment of the Hong Kong SpecialAdministrative RegionHong Kong-ASEAN Business ForumOct 12-31Oct 25-28Oct 30-31Wild RocketRestaurantThe Joyden Hall,Bugis+The FullertonHotel*Hong Kong Dragon Boat Race Nov 4 Singapore River* Subject to confirmationInvest Hong Kong (InvestHK) isa department of the Hong KongSpecial Administrative RegionGovernment established in July2000 with private sector expertise.It provides complimentary advisoryservices to help foreign companiesset up their businesses and expandtheir operations in Hong Kong.InvestHK 投 资 推 广 署25/F Fairmont House,8 Cotton Tree Drive,Central, Hong KongContact: +852 3107 1000E-mail: enq@investhk.gov.hk