Experts: Vietnam’s economy continues to be hit by Covid-19
	S&P Global Ratings raises Vietnam’s outlook to positive
	Binh Duong has the highest income in Vietnam, surpassing Hanoi and Ho Chi Minh City

Vietnam has become the 10th largest export market of British Columbia. Photo: VNA

On May 27, the provincial government of British Columbia and the Asia Pacific Foundation of Canada (APFC) held a webinar titled "Doing business in Vietnam: Opportunities for British Columbia businesses within the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).”

Presiding over the seminar, George Chow, British Columbia's minister of State for Trade, highly appreciated the dynamism of the Vietnamese economy, emphasizing that Vietnam is one of the economies with the largest trade openness in the world.

George Chow also affirmed the important position of Vietnam in the economic relationship of British Columbia.

In 2019, when the CPTPP officially took effect for Vietnam, this Southeast Asian country became British Columbia's 10th largest export partner, with a total export value of CAD 359 million (USD 296 million).

Consul General of Vietnam in Vancouver Nguyen Quang Trung participated and spoke at the webinar. Photo: VNA

The CPTPP has created favorable opportunities for Canadian businesses to access the Vietnamese market, export goods, and invest in many fields.

Speaking at the webinar, Vietnam's Consul General in Vancouver, Nguyen Quang Trung, highlighted the comprehensive cooperative relationship between Vietnam and Canada even during the Covid-19 pandemic.

However, Consul General Nguyen Quang Trung said that the level of economic cooperation between the two sides is still modest compared to the potential.

Nguyen Quang Trung highly appreciated that Canadian organizations with experience in business and investment in Vietnam attended this webinar. The organizations have provided objective information to British Columbia businesses and expect Canadian businesses of Vietnamese origin to be the bridge between businesses of the two countries.

The webinar brought a lot of specific information about the Vietnamese market, about the advantages that the CPTPP creates for Canadian businesses when doing business, exporting, investing in Vietnam.

The exchange and discussion between experts and businesses took place lively with topics such as the role of Canadian agencies in Vietnam, the export of goods and services (fruit export experience) and water purification technology.

M&A: Locals plan retail strategy with foreign companies More local players are building partnership with foreign companies to develop their retail arm and potential of the local retail market in Vietnam through M&A ...

AMRO: Vietnam’s economy to grow by 7% in 2021 Vietnam’s GDP growth is expected to rebound to 7% in 2021, driven by a recovery in goods and service export, resilient domestic economy, and healthy ...

WB: Most of Vietnam's economic indicators in April good Vietnam's industrial production continued its strong growth momentum in April, increasing by 1.1% compared to March, 24.1% higher than the same period in 2020.