Canadian firms updated on business opportunities in Vietnam
Canadian businesses were provided with updated information on Vietnam’s investment policies during a Vietnam business forum in Toronto on September 24.
The Vietnam business forum in Toronto (Source: VNA)
Canadian businesses were provided with updated information on Vietnam’s investment policies, potential and business opportunities for stronger trade links during a Vietnam business forum in Toronto on September 24.
Co-hosted by the Vietnam-Canada Trade Council, the Vietnamese Embassy in Canada and Ontario province, the event attracted a crowd of representatives from Canadian companies and Vietnamese entrepreneurs living in the country.
Speaking at the forum, Vietnamese Ambassador To Anh Dung highlighted that it’s good time for Canadian firms to enhance cooperation with Vietnamese partners, as the country boasts a 90-million-strong market with skilled, young labour, political stability and open-door policies.
According to the diplomat, bilateral trade between Vietnam and Canada hit nearly 1.8 billion USD in the first six months of this year. Vietnam is considered the centre of Canada’s three policies in the Asia-Pacific.
Vietnam backs Canada’s involvement in and contribution to the Asia-Pacific and Southeast Asia and pledges to facilitate Canadian business activities in the country, Dung stated.
Toronto city Councillor Michael Thompson stressed that Canada considers Vietnam its priority international market, adding that Toronto will work closely with the Canadian Government and Ontario province to build trade links with Vietnam.
During the forum, exc💎hanges between leaders from Canadian firms operating in Vietnam such as Manulife, B&H Architechs, Deloitte Canada and Ernst and Young were arranged, contributing to trade cooperation between the two countries’ businesses.-VNA
Bilateral trade turnover between Vietnam and Canada has prospered, reaching about 1.45 billion USD in the first five months of 2015, according to Statistics Canada.
The Vietnamese Embassy in Ottawa held a meeting on August 25 to pay tribute to Canadian officials who have significantly contributed to enhancing bilateral ties between the two countries.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.