In order to further promote economic cooperation and opportunities for connection and trade between businesses and entrepreneurs of the two countries Vietnam - Canada, on March 25 in Hanoi, the State Committee for Vietnamese People in foreign countries (Ministry of Foreign Affairs) and the Vietnam Canada Businessmen's Association (VCBA) jointly organized "Business Forum: Strengthening Vietnam - Canada economic relations within the framework of CPTPP".
The forum has important meaning for the business and business communities of the two countries, aiming to share useful and practical information about the situation in Vietnam to convey to the Vietnamese community in Canada and friends. Canadian partners.
At the forum, delegates introduced great potentials and opportunities in the field of exporting Vietnamese products to the Canadian market and the North American market through Canada.
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| Mr. Nguyen Manh Dong said that the Vietnam Canada Business Association has organized 7 trade, investment and connection promotion activities in Canada and Vietnam. Photo: Diep Truong |
In his opening speech, Mr. Nguyen Manh Dong - Deputy Chairman of the State Committee for Vietnamese Overseas (Ministry of Foreign Affairs) said that although the Vietnamese Canadian Businessmen's Association was born not long ago (October 10), but has organized 2022 trade, investment and connection promotion activities in Canada and Vietnam. Although these are initial steps, these activities have inspired the business communities of the two countries, bringing specific and practical results. Through trade promotion and investment connection activities organized by the association, the Vietnamese community as well as Vietnamese businesses and entrepreneurs in Canada have had more opportunities for exchange and trade connections. .
Currently, Vietnam is Canada's leading trading partner in the ASEAN region, accounting for 44% of Canada's total imports from the region and is Canada's 6th largest trading partner among the group of 40 Indian Ocean countries. - Pacific. Including 2023, Vietnam has exported 9,82 billion USD to Canada. The main and rapidly growing export items to Canada in recent times include: Iron, steel, machinery, electrical equipment, garments, shoes, furniture, wooden furniture... Enterprises in the field The construction sector also faces a great opportunity to enter the Canadian market.
At the forum, delegates said that the opportunity for the two countries Vietnam - Canada to increase trade turnover is still very large when the two countries are both members of the CPTPP Agreement (Comprehensive Partnership Agreement and Comprehensive Partnership Agreement). Transpacific Progress).
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| At the Forum, delegates said that Vietnam has very effectively exploited the CPTPP Agreement to speed up exports to Canada. Photo: Diep Truong |
Reality shows that Vietnam has very effectively exploited this Agreement to speed up exports to Canada, because Vietnam's exports also enjoy incentives in the form of MFN and GSP... The efforts of Businessmen from both countries also receive strong support from the Government of Vietnam and the Government of Canada.
Mr. Nguyen Quang Trung - former Consul General of Vietnam in Vancouver shared that he accompanied the association from the first days of its establishment and witnessed its growth. With the association's contribution, more and more large Vietnamese businesses in Canada return to invest in the country as well as large Vietnamese businesses that have invested in Canada such as Vinfast, FPT, Vietnam Stones...
However, at the forum, delegates also frankly pointed out the challenges from strict requirements and trade "barriers" that Vietnamese export enterprises face when entering the Canadian and Northern markets. America through Canada.
Also on this occasion, Ms. Mary Ng., Minister in charge of International Trade, Small Business Export Promotion and Economic Development of Canada led a delegation of 100 senior leaders and Canadian businessmen to visit and working with Vietnamese leaders, ministries, and agencies from March 25-29 in Hanoi and City. Ho Chi Minh.
It is hoped that these visits by the Canadian Government and business community will create an important push, contributing to a more substantive development of relations between the two countries, and economic cooperation between the two countries will be expanded and increased. strong.
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| Deputy Foreign Minister Le Thi Thu Hang received representatives of the Vietnam - Canada Business Association. Here, Deputy Minister Le Thi Thu Hang commented that the successful organization of the forum will create positive results for economic - trade - investment cooperation between Vietnam and Canada. Photo: Ministry of Foreign Affairs |
On the eve of "Business Forum: Strengthening economic relations between Vietnam and Canada within the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)", Deputy Minister of Foreign Affairs, Chairman of the State Committee about Overseas Vietnamese Le Thi Thu Hang received representatives of the Vietnam - Canada Business Association (VCBA) led by Mr. Dan On, President of VCBA.
Here, Deputy Foreign Minister Le Thi Thu Hang highly appreciated the coordination of the State Committee for Overseas Vietnamese and the Vietnam - Canada Business Association to organize the forum. Deputy Foreign Minister Le Thi Thu Hang commented that the successful organization of the forum will create positive results for economic - trade - investment cooperation between Vietnam and Canada.
