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During the nine months, the total import-export turnover of goods hit $4497.66 billion with export turnover hitting $259.67 billion, a year-on-year fall of 8.2 per cent.

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Nearly five years after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect, the quantity and value of exports have increased, but Vietnamese-branded goods exported to this market remain quite modest. Many Vietnamese exported products to the CPTPP market still bear foreign brands.

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Japan is a market with a large demand for imported agricultural, forestry and fishery products. This is also a potential market for Vietnamese agricultural products to expand in the coming time.

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The Vietnam Trade Office in Canada is focusing on helping Vietnamese businesses make the most of CPTPP's principles of origin in the garment and textile sector through connection activities and provision of information about the Canadian market, according to Trade Counsellor Tran Thu Quynh at the Vietnamese Embassy in Canada.

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Solutions to promote the development of Vietnamese brands in member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement were discussed at a seminar hosted by the Cong Thuong (Industry and Trade) magazine in Hanoi on September 27.

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With the advantages of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), along with less competitive pressure compared to other major markets, seafood exports to the CPTPP bloc have had positive results. than in the first half of 2023.

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Vietnam now ranks second among leather and footwear exporters to Canada.

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Last month the UK formally joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – the Asia-Pacific trade bloc worth around 12tn pounds (US$15tn) in GDP and including Chile, Peru and Mexico.

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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), to which both Vietnam and Canada are members, has brought about many benefits to businesses of both sides.

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Vietnam's seafood export turnover in the second quarter of 2023 reached over 2.3 billion USD, 30% higher than the first quarter. However, compared to the same period in 2022, the negative growth rate of 27.5% remained unchanged from the first quarter. Therefore, by the end of the first half of this year, seafood exports were 27.5% lower than the same period last year, reaching 4.15 billion USD.

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