HONG KONG,July 25, 2025/PRNewswire/ -- The 2025 National (Financial) Resources Promotion Conference of the Republic ofVanuatu, hosted by the Embassy of the Republic ofVanuatuinChina, was grandly inaugurated in the afternoon ofJuly 25inHong Kong. Attendees included representatives from mainlandChinaandHong Kong, listed companies from various countries, business associations, individuals from diverse backgrounds, and major media outlets. This conference not only showcasedVanuatu'sabundant natural and tourism resources, as well as its fertile ground for financial investments, but also marked an important milestone in deepening cooperation betweenVanuatuand the international community, particularly withChinaand the Hong Kong Special Administrative Region.
Accompanied by traditional Melanesia music and applause, the Conference officially kicked off in the afternoon. With an engaging opening by the host, the spotlight turned to the distinguished presence of Hon. Johnny KOANAPO RASOU, Deputy Prime Minister and Minister of Finance and Economic Management of the Republic ofVanuatu, and H.E.Nguk Yang Dennis Nai, Ambassador Extraordinary and Plenipotentiary of the Republic ofVanuatutothe People's Republic of China, adding anticipation to the event.
Hon. Johnny KOANAPO RASOU, Deputy Prime Minister and Minister of Finance and Economic Management of the Republic ofVanuatu, thanked the attendees from various sectors. With profound insights, he outlined a magnificent vision for Vanuatu's future and expressed best wishes for the success of the National (Financial) Resources Promotion Conference. He warmly invited Chinese guests to experience the hospitality of theVanuatupeople firsthand, and expressed his hope for deep cooperation in various industries and fields, including finance, tourism, and culture, withChinaand the Hong Kong Special Administrative Region to usher in a new chapter inChina-VanuatuandVanuatu-Hong Kongcooperation and exchange.
H.E.Nguk Yang Dennis Nai, Ambassador Extraordinary and Plenipotentiary of the Republic ofVanuatutothe People's Republic of China, portrayed the broad prospects for cooperation betweenVanuatuandChina, as well as the international community from a unique perspective. He warmly welcomed individuals from all sectors in China to explore more cooperation opportunities withVanuatu.
The subsequent segment on the promotion of national resources heightened the atmosphere at the event. A travel influencer specially invited by the Vanuatu National Tourism Office led the guests on a virtual journey throughVanuatu'svolcanic adventures, mysterious blue hole diving, and the rustic natural beauty of traditional villages inVanuatuthrough an engaging Vlog. The detailed presentation by Mr. Osborne Taseru, First Secretary of the Embassy ofVanuatuinChina, provided guests with deeper insights intoVanuatu'seco-tourism routes and the advantages of its seafood exports. This segment not only highlightedVanuatu'snatural beauty but also underscored its immense potential as a leader in financial development in the South Pacific region.
During the financial sector promotion segment, Mr.Cliff Chen, the Senior Advisor to the Deputy Prime Minister and Minister of Finance and Economic Management of the Republic ofVanuatu, delivered a speech that opens a window for guests to understandVanuatu'sfinancial market. His professional perspective and clear explanations helped guests gain a clearer understanding ofVanuatu'sfinancial environment, the Virtual Asset Service Provider (VASP) Act, and digital asset projects. This presentation not only demonstrated confidence inVanuatu'sfinancial development but also laid a solid foundation for future investment and cooperation opportunities.
Another highlight of the event was the MOU signing ceremonies between South Pacific Digital Holdings (SPDH) and twoHong Kong-listed companies respectively, Crypto Flow Technology Limitedand Unisound AI Technology Limited, under the witness of H.E. Nguk Yang Dennis Nai; The Japanese digital asset exchange BitTrade and Australian digital asset platform company, Tridens Investment, have also successfully signed MOUs with South Pacific Digital Holdings (SPDH). This marks a significant step forVanuatuin the field of international financial technology.
During the Conference, Hon. Johnny KOANAPO RASOU, Deputy Prime Minister and Minister of Finance and Economic Management of the Republic ofVanuatu, mentioned his meeting earlier in the day with Mr. John Lee Ka-chiu, the Chief Executive of the Hong Kong Special Administrative Region, and representatives from the Financial Services and the Treasury Bureau and the Hong Kong Monetary Authority. Hon. Johnny KOANAPO RASOU also highly commended the achievements made by both sides in traditional finance and digital finance sectors, expressing intent to strengthen and deepen the cooperation and exchanges. The signings of a series of Memorandums of Understanding (MOUs) have been planned to strengthen financial development and government regulatory cooperation, working together to advance the development of traditional and digital finance.
In a warm atmosphere filled with applause and gratitude, the two-hour event concluded perfectly. However, this does not signify the end of cooperation, but rather a new beginning. We are confident that in the days ahead, with its unique charm and immense potential,Vanuatuwill attract more international partners to invest and engage in business, jointly scripting a new chapter of cooperative development.
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/the-republic-of-vanuatus-national-financial-resources-promotion-conference-was-grandly-held-in-hong-kong-ushering-in-a-new-chapter-of-cooperation-between-vanuatu-and-china-302513951.html
SOURCE the Embassy of the Republic ofVanuatuinChina