Vietnam enjoys 26 pct surge in export to Canada

Vietnam’s export to Canada during the past nine months of 2013 valued at 1.063 billion USD, a 26 percent increase over the same period last year.
Vietnam’s export to Canada during the past nine months of 2013 valued at 1.063 billion USD, a 26 percent increase over the same period last year.

According to the Centre for Industry and Trade Information under the Ministry of Industry and Trade, Vietnam’s main exports to the North America country include garment and textile (280.78 million USD, up 16.9 percent), aquaculture (120.33 million USD, up 21.6 percent) and footwear (112.93 million USD, up 23.7 percent).

Vietnam and Canada marked the 40th anniversary of their diplomatic ties on August 21, 2013.

Since the two countries signed their bilateral Trade and Commerce Agreement in 1995, two-way trade surged by 20 times, hitting 1.6 billion USD in 2012.

Canada jumped from the 23rd position among foreign investors in Vietnam in 2006 to the 15 th position currently. Both countries are now joining the negotiations for a Trans-Pacific Partnership (TPP) – the largest trade agreement in the region.-VNA

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