Minister of Industry and Trade Nguyen Hong Dien held a working session with newly appointed Ambassador of Australia to Vietnam Gillian Bird on July 2, during which the host called for stronger cooperation in trade, energy and industry.

Vietnam is asserting itself as one of the world’s most promising and reliable centres for trade and manufacturing.

FTA exploitation should not be limited to export promotion but instead focus on developing an industrial strategy that leverages the strengths and complementarities of FTA partners.

Amidst global trade uncertainties prompting Canada to diversify its markets, Vietnamese agricultural exporters, particularly those in the rice sector, are encouraged to seize this opportunity.

As Canada navigates a new economic landscape following Prime Minister Justin Trudeau’s resignation, the focus shifts to how the upcoming leadership will address evolving trade dynamics. With a potential pivot towards markets like Vietnam, the implications for Canadian exporters and broader trade relations are gaining traction.

Vietnam and Peru will fully tap into incentives from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), to boost bilateral trade exchanges.

The UK’s exports of goods to Việt Nam grew by 9.9 per cent last year, and the country is aiming to maintain this momentum in 2025.

One of the key highlights of the CPTPP is its provisions on digital trade, e-commerce, and cross-border data flows.

The British Embassy and Việt Nam Ministry of Industry and Trade (MoIT) co-hosted conferences in Hà Nội and HCM City focused on two-way trade opportunities arising through UK membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Thanks to the effective exploitation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnam's exports to Canada will continue to increase significantly in 2024, with a total export turnover of nearly 6.4 billion USD, an increase of nearly 13.5%.