The Canadian government wants to boosteconomic ties with Vietnam, promote negotiation on investmentprotection and promotion agreement, said a Canadian senior tradeofficial.
The Canadian government has added Southeast Asia, including Vietnam,into the country’s list of 13 priority markets for coming years, JanetChater, who is in charge of trade relations with Southeast Asia at theCanadian Ministry of Foreign Affairs and Trade, told a recent workshopon Vietnam-Canada business cooperation in Toronto.
Economic-trade ties between Canada and Vietnam saw developments inrecent years, with two-way trade reaching at 1.3 billion CAD (almost1.3 billion USD) in 2008, Chater said.
Canada exported goods worth 317 million CAD to Vietnam in 2008 andbecame the southeast Asian nation’s 10 largest investor with totalregistered capital of 4.2 billion CAD, she added.
The workshop, jointly held by the Vietnamese Embassy in Canada, theOcean Packer and Canson Canada drew the participation ofrepresentatives from nearly 50 Canadian firms, including GEO ExpressInternational and Nova Scotia bank.
Participants discussed Vietnam’s economic potential and shared experience in doing business in the country.
They highly spoke of business climate in Vietnam, hailing its economicdevelopment, “Doi moi” (renewal) policy as well as policy adjustmentsof the Vietnamese government to cope with the global crisis.
Vietnamese Ambassador Nguyen Duc Hung introduced the country’s projectscalling for investment and foreign investment incentives as well asprospects for cooperation between Vietnamese and Canadian businesses.
He stressed that bilateral trade has not met potential despite recentincrease. He asked Canadian firms to boost trade and investmentpromotion, seize opportunities for business and cooperation withVietnamese partners, thus contributing to enhancing the bilateral ties./.
The Canadian government has added Southeast Asia, including Vietnam,into the country’s list of 13 priority markets for coming years, JanetChater, who is in charge of trade relations with Southeast Asia at theCanadian Ministry of Foreign Affairs and Trade, told a recent workshopon Vietnam-Canada business cooperation in Toronto.
Economic-trade ties between Canada and Vietnam saw developments inrecent years, with two-way trade reaching at 1.3 billion CAD (almost1.3 billion USD) in 2008, Chater said.
Canada exported goods worth 317 million CAD to Vietnam in 2008 andbecame the southeast Asian nation’s 10 largest investor with totalregistered capital of 4.2 billion CAD, she added.
The workshop, jointly held by the Vietnamese Embassy in Canada, theOcean Packer and Canson Canada drew the participation ofrepresentatives from nearly 50 Canadian firms, including GEO ExpressInternational and Nova Scotia bank.
Participants discussed Vietnam’s economic potential and shared experience in doing business in the country.
They highly spoke of business climate in Vietnam, hailing its economicdevelopment, “Doi moi” (renewal) policy as well as policy adjustmentsof the Vietnamese government to cope with the global crisis.
Vietnamese Ambassador Nguyen Duc Hung introduced the country’s projectscalling for investment and foreign investment incentives as well asprospects for cooperation between Vietnamese and Canadian businesses.
He stressed that bilateral trade has not met potential despite recentincrease. He asked Canadian firms to boost trade and investmentpromotion, seize opportunities for business and cooperation withVietnamese partners, thus contributing to enhancing the bilateral ties./.
