【Hong Kong, C】Precious Stones: Vietnamese Market Attracts Hong Kong Businesses

Editor’s Note

This article highlights growing interest from Hong Kong’s jewellery sector in Vietnam’s precious stones market, as observed at recent international trade shows. It underscores potential avenues for cross-border investment and collaboration within the luxury goods industry.

Hong Kong Businesses Show Interest

Hong Kong businesses have expressed interest in the Vietnamese precious stones market during their participation in the 38th Hong Kong International Jewellery Show and the 8th Hong Kong International Diamond, Gem & Pearl Show.

Event Details and Participants
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Held from July 29 to August 2, the events, organized by the Hong Kong Trade Development Council (HKTDC), attracted more than 430 companies from around the world, including those from Hong Kong, mainland China, Germany, Italy, Japan, and Vietnam.

Business Leader’s Perspective

Paul Sit, General Director of the Hong Kong-based Cixi Precious Stone Jewellery Company, told the Vietnam News Agency (VNA) that Vietnam is a major market for precious stones and offers many world-renowned stones such as cobalt spinel.

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“Cixi has a plan to invest in the Vietnamese market and hopes to introduce Vietnamese precious stones to the international market,” he revealed, adding that “their quality and color are perfect and will surely attract many people.”
Vietnamese Official’s Comment

Vu Quoc Trung, from the Vietnam Trade Office in Hong Kong, said that the prestigious fairs attract the attention and participation of many Vietnamese companies.

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⏰ Published on: July 30, 2022