The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has opened up numerous opportunities for Vietnam and Canada to boost two-way trade, however, tax initiatives under the trade pact have not been tapped to the fullest extent by the Vietnamese exporters, said Vietnamese Trade Counsellor in Canada Tran Thu Quynh.
Being the largest trade partner of Canada in ASEAN, with two-way trade topping 7 billion USD in 2022, Vietnam will play an important role as a gateway for Canadian firms to enter the region bloc that has one of the highest growth rates in the world and is expected to be the world’s consumption centre by 2030 given its market size, according to Canadian business insiders.
Vietnam wishes to promote its comprehensive partnership with Canada in an effective and substantive manner, towards a higher level, Minister of Foreign Affairs Bui Thanh Son told visiting Canadian Deputy Minister of Foreign Affairs David Morrison in Hanoi on December 14.
The Consulate General of Vietnam in Canada's Vancouver city and the Vietnam - Canada Business Association (VCBA) have jointly organised a Vietnamese Food Day in the city of same name, aiming to celebrate the 50th anniversary of the two countries’ diplomatic relations (1973-2023).
Vietnamese Consul General in Vancouver Nguyen Quang Trung has held working sessions with representatives of Alberta province as part of efforts to promote trade and investment collaboration between Vietnam and the Canadian locality.
The Global Affairs Canada through the Expert Deployment Mechanism for Trade and Development (EDM) provided a training course on improving intellectual property (IP) management capacity for a delegation from the Vietnamese Ministry of Science and Technology (MoST) and Ministry of Finance from November 27 to December 2.
The future of the relationship between Canada and Vietnam is promising, especially in the field of trade thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Ghislain Robichaud, Regional Director for Quebec and Nunavut under the Global Affairs Canada.
President Vo Van Thuong had a meeting with Canadian Prime Minister Justin Trudeau in San Francisco, the US, on November 16, on the sideline of the APEC Economic Leaders’ Week.
A delegation from the northern border mountainous province of Cao Bang has paid a working visit to Niagara to foster bilateral cooperation and learn from the Canadian region’s experience in cross-border trade and tourism development.
The Senate of Canada on November 7 held a ceremony to honour Vietnamese Ambassador Pham Vinh Quang, on the occasion of the 50th anniversary of the establishment of bilateral diplomatic ties.
The Vietnam Union of Friendship Organisations (VUFO) and the Canadian Embassy in Vietnam jointly held a friendship get-together in Hanoi on November 2 to celebrate the 50th founding anniversary of diplomatic ties between the two countries (1973 -2023).
Vietnam is an important trading partner of Canada in the Association of Southeast Asian Nations (ASEAN), and this will open up chances for stronger cooperation between the two countries to expand Canadian goods and services’ presence in Asia, said co-chair of the Canada - ASEAN Business Council (CABC) Janet De Silva.
The Vietnam Peacekeeping Department on October 30 opened the United Nations Logistics Officer Course 2023 co-chaired by Vietnam and Canada within the framework of the latter’s Military Training & Cooperation Programme (MTCP).