Vietnam and Canada will have more chances to enhance not only trade but also investment links under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to Honorary Chairman of the Canada Trade Link Bryon Wilfert.
Vietnamese exporters are eyeing Canada as ripe for profits thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts said at a conference held in Ho Chi Minh City on April 10.
The signing of the CP TPP in Chile on March 8 will open up many opportunities for trade between Canada and Vietnam, said President and CEO of Asia-Pacific Foundation of Canada (APF) Stewart Beck.
Vietnam continued to lead the Association of Southeast Asian Nations (ASEAN) in terms of trade with Canada with two-way trade value reaching 3 billion USD after nine months of 2016.
Vietnam leads ASEAN members in bilateral trade revenue with Canada, with the figure hitting 928.97 million USD in the first quarter of 2016, up 11.8 percent year-on-year.
Canadian businesses were provided with updated information on Vietnam’s investment policies during a Vietnam business forum in Toronto on September 24.