Canadian firms updated on Vietnam’s business environment
Canadian enterprises have been provided with information related to Vietnam’s business and investment climate and opportunities to make deeper inroads into the country.
Vietnamese Ambassador To Anh Dung speaks at the forum (Source: VNA)
Canadian enterprises have been provided with information related to Vietnam’s business and investment climate and opportunities to make deeper inroads into the country, at a recent forum held in Winnipeg capital city of Manitoba province.
Co-organised by the Vietnamese Embassy in Canada, the World Trade Center Winnipeg and the provincial authorities, the event brought together nearly 100 representatives from Canadian firms and business associations.
In his speech at the forum, Ambassador To Anh Dung highlighted fruitful development in Vietnam-Canada relations, affirming the Vietnamese Government’s determination to better investment and business climate, thus attracting Canadian firms in general and those in Manitoba in particular to pour investments in Vietnam.
Manitoba’s Minister of Agriculture, Food and Rural Development Ron Kostyshyn, and Mayor of Winnipeg city, Brian Bowman praised Vietnam’s achievements in recent years, and ex pressed their joy at increasing all-around relations between the two countries, especially in trade and investment.
The forum offered a change for participants to learn more about Vietnam’s land and people, contributing to boosting political relations, and trade links as well as between the two nations.
Immediately after the forum, some Canadian firms contacted with Vietnamese partners to import footwear and furniture for office. They also expressed their hope to set up a distribution channel of products serving water pollution treatment in aquaculture areas in Vietnam.
Manitoba is now the leading locality in developing agriculture and animal husbandry in Canada, while having great potential for developing hydroelectricity projects, manufacturing machines serving the agricultural sector, equipment for aircraft, farm products processing, and production of wooden items and construction materials.
It is rich in natural🍸 resources such as gold, copper, zinc, nickel, and oil.-VNA
Businesses from Canada are seeking to expand trade in the Mekong Delta of Vietnam, especially in chemicals, agriculture, pharmaceuticals, seafood material and education.
A forum for business cooperation between Vietnam and Canada took place on July 28 in Ho Chi Minh City, bringing together 200 businesses from both sides to discuss cooperation in economics, education, technology and the environment.
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.
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.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.