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.
Vietnam exports high quality furniture (Photo: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.
Vietnam’s export turnover to Canada reached 1.2 billion USD, a 30.5 percent increase from 2014, while import turnover was 235.4 million USD, up 80.9 percent.
In the first quarter of this year, total trade between the two countries hit nearly 830 million USD; Vietnam’s export turnover to the North American country accounted for 679.4 million USD, surging 27.9 percent compared to the same period last year.
Meanwhile, Vietnam’s import value from Canada was 150.3 million USD, a year on year increase of 148.8 percent.
Vietnam’s key exports to Canada include apparel, footwear, seafood, coffee and cashew nuts while importing primarily wheat, spare airplane parts and nickel.-VNA
The successful Vietnam Provincial Environmental Governance (VPEG) project is the hallmark of the celebrations of the 40th anniversary of diplomatic ties between Vietnam and Canada (1973-2013).
The Ho Chi Minh City People’s Committee hosted a meeting on July 2 to mark the 40 th anniversary of Vietnam-Canada diplomatic ties and the 146th Canada Day.
The ties between Vietnam and Canada have seen development in many fields over the recent past towards a comprehensive, stable and long-term partnership, Vietnamese Ambassador to Canada To Anh Dung said on the occasion of the 40 th anniversary of the two countries’ diplomatic ties.
Deputy Prime Minister Vu Van Ninh vowed all possible support for Vietnam – Canada joint farming projects while receiving Canadian Minister of Agriculture and Agri-Food Gerry Ritz in Hanoi on November 29.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Vietnam exports high quality furniture (Photo:VNA)
