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As Việt Nam is a core part of Canada’s Indo-Pacific Strategy, both countries boast numerous opportunities for trade development when the Southeast Asian country becomes the largest trading partner of Canada in the region, a Canadian official has said.
As Vietnam is a core part of Canada’s Indo-Pacific Strategy, both countries boast numerous opportunities for trade development when the Southeast Asian country becomes the largest trading partner of Canada in the region, a Canadian official has said.
Trade revenue between Việt Nam and Canada rose from $3.86 billion in 2018 to more than $7 billion in 2022. During January – June this year, the figure reached $3.6 billion.
Being the largest trade partner of Canada in ASEAN, with two-way trade topping 7 billion USD in 2022, Vietnam will play an important role as a gateway for Canadian firms to enter the region bloc that has one of the highest growth rates in the world and is expected to be the world’s consumption centre by 2030 given its market size, according to Canadian business insiders.
Representation in Jakarta will support Canadian companies looking to expand into one of the world’s fastest-growing economiesOTTAWA - Sept. 05, 2023 (GLOBE NEWSWIRE) -- To help Canadian exporters and investors tak