Canada is currently the 7th largest and most important export market of Vietnam. Many industries such as rice, textiles, spices and processed foods... still have great potential to penetrate the market. However, issues such as logistics costs, increasing competition, and the lack of a strong brand mark for Vietnamese products are problems that enterprises need to overcome to increase exports to Canada.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has opened up numerous opportunities for Vietnam and Canada to boost two-way trade, however, tax initiatives under the trade pact have not been tapped to the fullest extent by the Vietnamese exporters, said Vietnamese Trade Counsellor in Canada Tran Thu Quynh.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has brought competitive advantages to Vietnamese export products, but these goods have also faced the imposition of trade defence measures in CPTPP markets.

A seminar on mitigating trade defence risks when increasing exports to CPTPP markets took place in Hanoi on November 27.

It marks the second time the US has tackled a dairy spat with the country via the USMCA.

The UK and Việt Nam already have a separate free trade agreement – the UKVFTA – in place but CPTPP will add benefits to bilateral trade and investment.

Japan is the partner that has signed the most bilateral and multilateral free trade agreements (FTAs) with Vietnam which open up many opportunities for stronger trade cooperation between the two nations, according to Tran Quang Huy, Director of the Ministry of Industry and Trade's Asia-Africa Market Department.

Britain is set to become the twelfth member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), launched with a push from Japan in the wake of America’s 2017 withdrawal from the Trans-Pacific Partnership. With China and Taiwan vying for admission as well, international affairs expert Suzuki Hitoshi examines the implications of British participation for Japan and the regional order.

There remains ample room for cooperation between Việt Nam and Canada across multiple sectors, ranging from trade to investment, a HCM City official said.

India is in the same region and needs to engage with aspects of APEC so that its economic goals can be met. This can make India a better alternative to new FDI in China