Canada’s commitment to support Vietnam’s clean energy transition and goals to achieve net-zero, and its willingness to share its expertise and experiences underscore the depth of collaboration between the two countries, visiting Canadian Minister of Export Promotion, International Trade, and Economic Development Mary Ng said.
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.
Canada was highlighted as a gateway for Vietnamese enterprises to access North American markets at a trade promotion conference held in the central province of Binh Dinh on March 28.
Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai suggested the city and Canada strive for bilateral trade of over 1 billion USD while receiving Canadian Minister of Export Promotion, International Trade and Economic Development Mary Ng on March 28.
Ho Chi Minh City and Canada should sign Memoranda of Understanding and promote delegation exchange to concretise their cooperation as they have potential to work together in various sectors, running the gamut of agriculture, industry, service, science-technology and education, Vice Chairman of the municipal People’s Committee Vo Van Hoan said on March 27.
Malaysia has seen a 25% increase in bilateral trade with Canada since 2018, bolstered by the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), which came into force in Malaysia in November 2022.
Canada has so demonstrated a greater determination than ever in advancing economic, trade and investment ties with the ASEAN region, reflected through the recent establishment of the Canada-ASEAN Inter-Parliamentary Friendship Group and the recognition of the Canada-ASEAN Business Council (CABC) as Canada’s only entity officially associated with the region.
Canada’s decision to limit study visas starting from 2024 will not have a significant impact on Vietnamese students, said Vu Thi Hai Anh, an immigration consultant and Senior Regional Manager in Southeast Asia at Algonquin College of Canada.
Export Development Canada (EDC) is planning to open an innovation office in Ho Chi Minh City this autumn as Vietnam is one of the priority countries in the Indo-Pacific region of the North American nation, said an EDC official.
The Vietnamese Consulate General in Vancouver on February 5 held a “Homeland Spring” programme to bring a warm Lunar New Year (Tet) atmosphere to overseas Vietnamese living in the western region of Canada.
Canada’s strategy for the Indo-Pacific can help boost its educational cooperation with Vietnam and fortify connections between the two business communities, Chief Executive Officer of Cooperation Canada Kate Higgins has assessed.
The Vietnam Department of Peacekeeping Operations, in collaboration with relevant agencies and units, on January 22 launched a training course on exercise planning process in 2024 between Vietnam and Canada.
Along with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Vietnamese garment and textile sector also needs a Vietnam-Canada free trade agreement or another bilateral deal to penetrate more deeply into the North American market, according to experts.