Vietnam Welcomes Nearly 200 Canadian Businesses
Deputy Minister of Industry and Trade Phan Thi Thang on February 21 had a reception and working session with Canadian Ambassador to Vietnam Shawn Steil in Hanoi.
At the meeting, Ambassador Shawn Steil thanked Deputy Minister Phan Thi Thang for taking the time to receive the delegation and shared that the purpose of the visit was to prepare for the working trip of Mary Ng, minister of Export Promotion, International Trade and Economic Development and a trade delegation of about 200 businesses visit and work in Vietnam from March 26 - 29.
This is the largest trade delegation in the history of cooperative relations between the two countries and is a program of the Canadian Government to diversify partners and implement the Indo-Pacific Strategy.
On this occasion, the two countries will also organize the Second Meeting of the Vietnam - Canada Joint Economic Committee to promote bilateral economic cooperation.
Deputy Minister of Industry and Trade Phan Thi Thang and Canadian Ambassador to Vietnam Shawn Steil in Hanoi. Photo: Ministry of Industry and Trade |
Deputy Minister Phan Thi Thang expressed her joy and appreciation for the working group plan of the Canadian Government and businesses led by the Minister of Export Promotion, International Trade, and Economic Development.
With the interest and participation of nearly 200 businesses, the delegation demonstrated that the Canadian Government and businesses attach great importance to the economic cooperation relationship with Vietnam and wish to expand further development in the future.
The Ministry is ready to coordinate closely with the Canadian Embassy in Vietnam and the Canadian Ministry of Global Affairs to welcome Minister Mary Ng and the delegation and organize thoughtful working sessions to achieve the best results. In particular, the two sides will share information, discuss, and effectively resolve difficulties at the second meeting of the Vietnam - Canada Joint Economic Committee and at meetings of working groups, to continue the successes from the results of the first meeting, contributing to the development of bilateral trade and investment relations.
Ambassador Shawn Steil expressed his thanks and appreciation for the close cooperation of the Ministry of Industry and Trade and hoped that the Second Meeting of the Vietnam - Canada Economic Committee, as well as the upcoming trip of Minister Mary Ng and the trade delegation will bring many specific, positive results, effectively implementing Canada's Indo-Pacific Strategy in which Vietnam is always one of the most valued partners.
Vietnam is currently Canada's largest trade partner in ASEAN, with bilateral trade nearing CAD 14 billion (USD 10.37 billion) in 2023. It is also an important partner of Canada in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which has brought many opportunities for this country's products and services to access the Vietnamese and ASEAN markets.
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