The Canadian newspaper The Globe and Mail on Oct. 1 ran an article, highlighting the Vietnamese market’s great potential and opportunities it is offering to Canadian businesses.
The Canadian newspaper The Globe and Mail on Oct. 1 ran an article,highlighting the Vietnamese market’s great potential and opportunitiesit is offering to Canadian businesses.
Entitled “Vietnam ’s growth offers wealth of opportunity”, the article quoted VicePresident of the Canadian Chamber of Commerce in Hanoi , AlexandreLegendre, as saying Vietnam offers lots of opportunities for savvyand adventurous entrepreneurs.
“Despite what isgoing on in first-world countries, Vietnam ’s GDP is still growing 5percent to 6 percent a year and that means there are opportunities”,Legendre said.
Legendre, a lawyer-turned-softwareentrepreneur, said Vietnam now has a population of about 90 million,and most are under 35.
He noted that the country’sinfrastructure and education are booming. There is also a hunger for newtechnologies, an area in which Canada can be very competitive.
Software and services enterprises, he added, should look to expandinto the Vietnamese market as he believed the country is an ideallaunching pad – not to “move jobs out of Canada ” but to allow forgreater access to other new markets in the region, creating value forCanadian companies.
And with many young Vietnamese citizenswith rising disposable incomes, the consumer goods sector is also ripefor opportunities. “People have more money in urban areas and consumerhabits are changing. In the past four years, just in terms of food, forexample, people are now more open to Western-type food, to try new dairyproducts. They are buying fast food.”
Legendre also noted thatthe new generation graduating from schools speak English quite wellbecause they want to do business internationally. And he gave an adviceto businesses seriously looking to enter Vietnam : “You have to bepresent and be here to capture opportunities”./.
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.