Vietnam-Canada Investment Forum opens up cooperation opportunities
Illustrative image (Photo: VNA)
The Vietnam-Canada Investment Forum was held online on April 7 (Canada time), offering a good opportunity for the Southeast Asian nation to promote and attract investment, and to intensify the supply chain between the two sides at a time when both economies are showing signs of good recovery.
The forum was among activities organised by the Vietnamese Embassy in Canada to promote the economic diplomacy so as to serve the national development cause.
Ambassador Pham Cao Phong said that the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) of which both are founding members has facilitated their trade, investment and supply chain.
According to him, Vietnam is an attractive destination for investment and business activities thanks to its political and macroeconomic stability, geographical location, favourable environmental and land conditions, dynamic and abundant human resources and many other factors. Vietnam has improved business and investment policies, and developed master plans such as "Make in Vietnam 2025", and the Vietnam Industrial Development Strategy to 2025, with a vision to 2035 to realise its long-term growth potential.
Member of provincial Parliament of the Legislative Assembly of Ontario Laurie Scott, who is Parliamentary Assistant to the Minister of Economic Development, Job Creation and Trade, said that Ontario hopes to consolidate its relations with Vietnam, which has been Canada’s biggest trade partner in ASEAN since 2015.
Notably, two-way trade between Ontario and Vietnam hit nearly 6 billion CAD (4.76 billion USD) in 2021, accounting for over 50 percent of the two countries’ total trade value.
In the context of Ontario exerting efforts to persify international trade, the province's administration is eyeing cooperation opportunities with Vietnamese businesses in financial services, information technology and infrastructure.
At the forum, representatives from the two countries’ companies such as FPT Canada, Manulife Vietnam and Dan On Food Canada shared their experience in market approach./.
Related News
Vietnam ready to export first batch of sweet potatoes to China
13:57 | 06/04/2023 Anti-Smuggling
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
More News
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export