On addressing the event, Vietnam's Consul General in Hong Kong Nguyen Thi Nha said that the relationship between Vietnam and Hong Kong has blossomed in many fields and many agreements have been signed.

According to figures released by the Hong Kong authorities, two way trade between Hong Kong and Vietnam reached 3.2 billion USD in 2011, a year on year rise of 37 percent.

Nha said there remains a huge potential for bilateral cooperation, not only in economics and trade but also culture and education.

Deputy Minister of Culture, Sports and Tourism Le Khanh Hai said that Vietnam has recorded many great achievements in various areas after 20 years of the renewal process and is known for its socio-political stability, high economic growth and open policy for investors.

Hai confirmed Vietnam and Hong Kong have a huge potential for working together in tourism and investment, bringing prosperity to both people's.

Chairman of the Sunwah Group and President of the Hong Kong-Vietnam Commerce Chamber Jonathan Choi, stressed tourism potential of Vietnam that is blessed with landscapes. He advised Hong Kong's business community to explore Vietnam to learn more about its land, people and culture.

At the seminar, the participants said one trip to Vietnam is not enough to discover its beauty and that when they invest in Vietnam, the Hong Kong business community are bringing the two peoples closer together.