Forum "Strengthening Vietnam-Canada economic relations within the framework of CPTPP" in Hanoi

Forum “Strengthening Vietnam-Canada economic relations within the framework of CPTPP” in Hanoi

VHDN – In order to further promote economic cooperation and opportunities for connection and trade between businesses and entrepreneurs of Vietnam and Canada, the State Committee for Overseas Vietnamese – Ministry of Foreign Affairs and Vietnam – Canada Business Association (VCBA) will jointly organize the Forum “Strengthening Vietnam-Canada Economic Relations within the framework of CPTPP” on March 25 in Hanoi.

*Round Table: Doing Business in Vietnam was held in Vancouver, Canada by the Canadian Vietnamese Businessmen’s Association*

The forum was organized to demonstrate the Ministry of Foreign Affairs’ focus on economic diplomacy and the development of sustainable relations between the two countries, to provide practical support and demonstrate the Committee’s concern. State Committee on Overseas Vietnamese with the Vietnamese community in Canada. This is also an opportunity for businesses across the country to connect and trade with Canadian businesses.

The forum has a positive meaning for the business and business community, sharing useful and practical information about the situation in Vietnam to convey to the Vietnamese community in Canada and Canadian partners. The forum will introduce great potentials and opportunities in the field of exporting Vietnamese products to the Canadian market and the North American market through the gateway of Canada.

During the past 50 years, Vietnam – Canada relations have been continuously developed and strengthened in many fields through the mechanisms and policies of the two governments. Currently, Vietnam is Canada’s leading trading partner in ASEAN, accounting for 44% of Canada’s total imports from the region and is Canada’s 6th largest trading partner in the group of 40 Indo-Pacific countries. Binh Duong. 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… Particularly attractive is How to export construction industry to Canada.

This opportunity has been increasingly multiplied because the two countries are both members of the CPTPP Agreement (Comprehensive and Progressive Agreement for Trans-Pacific Partnership). In fact, 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. Accordingly, the Forum will also clearly point out the challenges from strict requirements and trade “barriers” that Vietnamese export enterprises face when entering the Canadian market and the North American market through Canada.

The Vietnam Canada Business Association organized a working session with British Columbia Minister of Trade Jagrup Brar with the presence of Mr. Nguyen Khanh Toan, Chairman of the People’s Council of Khanh Hoa Province to connect trade between the two provinces.

Vietnam Canada Businessmen’s Association (VCBA) will play an important role as a bridge for businesses and entrepreneurs of the two countries; Strongly promote trade promotion activities, connect businesses, and introduce Vietnamese products in Canada. State Committee for Overseas Vietnamese – Ministry of Foreign Affairs, whose functions and tasks are to mobilize and support the community and promote the resources of Vietnamese people abroad to contribute to the development of the country. country, support and will coordinate closely with VCBA.

Vietnam Canada Businessmen Association (VCBA) was established on August 17, 2022 under the direction and companionship of the Vietnamese Consulate General in Vancouver, Canada, with the goal of becoming a successful business network, making rich in culture and promoting cross-border cooperation; connecting economic and educational resources; Campaigning to support Vietnamese experts, entrepreneurs and businesses in orienting and participating in business activities both domestically and internationally. Especially entrepreneurs and businesses wishing to build or expand business activities in Canada.

*Mr. Nguyen Khanh Toan, Chairman of the People’s Council of Khanh Hoa province spoke at the working session*

Also on this occasion, Ms. Mary Ng, Minister of International Trade, Small Business Export Promotion and Economic Development of Canada led a Canadian team of 100 senior leaders and Canadian businessmen to visit and work. with Vietnamese leaders, ministries, and agencies from March 25 to 29 in Hanoi and Ho Chi Minh City.

Hopefully, this working visit of the Canadian Government and business community will create an important push, bringing the relationship between the two countries to new heights, and the economic cooperation between the two countries will be expanded and expanded. increase.

Panoramic view of the reception of the Richmond City Council welcoming the Vietnam-Canada Business Association delegation from Khanh Hoa province led by Mr. Nguyen Khanh Toan to visit and work in Richmond City.

Attending the Forum were representatives of leaders of the Ministry of Foreign Affairs, leaders of the State Committee for Vietnamese Overseas, Central and local Ministries, Former Consul General of Vietnam in Vancouver, Canada, and the entire Board of Directors. Executive of the Vietnam – Canada Business Association (VCBA), members and entrepreneurs, businesses in many fields of export and construction…

For further information, please contact:

Ms: Ha Nguyen – General Secretary of the Vietnam Canada Business Association (VCBA)

Phone: 0397081966