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More HZMB private car quotas set

The governments of Hong Kong and Macau have agreed to increase the regular quotas for Hong Kong cross-boundary non-commercial private cars using the Hong Kong-Zhuhai-Macao Bridge to Macau, the Transport Department announced today.   The decision was made to enhance traffic flow between Hong Kong and Macau, better utilising the bridge, the department said.   It will increase the Hong Kong quota by 1,000, following the earlier quota allocation of 1,800 for Hong Kong.   The additional quota will be distributed in two phases from the second quarter.   Half of the additional 1,000 quota allocations is for company applicants and the other half is for individual applicants. The quotas are valid for no more than three years. The eligibility criteria of quota applications remains the same.   Private cars allocated with Hong Kong quotas will be permitted to access the city of Macau multiple times using the bridge.   The Hong Kong quota allotments will be re-allocated upon expiry thro

Algernon Yau promotes HK in Hanoi

Secretary for Commerce & Economic Development Algernon Yau today met senior government officials and business leaders in Hanoi, Vietnam, to promote Hong Kong’s business advantages and opportunities.   He updated them on Hong Kong’s latest trade and economic development and explored collaboration opportunities in various areas.   During his first official visit to Vietnam, Mr Yau met with Deputy Minister of Industry & Trade Tran Quoc Khanh to discuss various trade and economic issues.   At the meeting, Mr Yau underlined the close trade and economic relations between Hong Kong and Vietnam, adding that Hong Kong is keen to take its economic integration with Vietnam to the next level by joining the Regional Comprehensive Economic Partnership.   He also thanked Vietnam for its continued support for Hong Kong’s admission to the partnership.   In his meeting with Vietnam Chamber of Commerce & Industry members, Mr Yau highlighted a number of measures announced in the Chief Executive’s 2022 Policy Address to attract enterprises and investments more proactively and aggressively.   He appealed to Vietnamese enterprises to leverage Hong Kong’s unique advantages to explore the tremendous opportunities available in the Mainland.   A Hong Kong business delegation comprising a number of Hong Kong chambers of commerce also attended the meeting.       Mr Yau also paid a courtesy call on Chinese Ambassador to Vietnam Xiong Bo in the afternoon to update him on Hong Kong’s latest economic situation.       On January 8, Mr Yau visited Hung Yen Industrial Park and met government officials to learn about the latest development of local enterprises and investment opportunities.   He also visited the ULIS-Jonathan KS Choi Cultural Centre in Vietnam National University in Hanoi.

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