Sunday, November 10, 2024 8:31:30 PM - Markets closed
VN-INDEX 1,252.56 -7.19/-0.57%
HNX-INDEX 226.88 -0.61/-0.27%
UPCOM-INDEX 92.15 -0.17/-0.18%
Vietnamese exporters supported to approach Canadian market
vietnamnews - 8/12/2024 2:34:41 PM
 (0 ratings. You must sign in to rate.)

The Vietnam-Canada Business Association (VCBA) on August 9 coordinated with the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) to organise a seminar in both in-person and online format to support Vietnamese enterprises in accessing the North American and Canadian markets.

A Cactus shop introduces Vietnamese tea and coffee on a downtown street in Toronto, Canada. - VNA Photo

The Vietnam-Canada Business Association (VCBA) on August 9 coordinated with the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) to organise a seminar in both in-person and online format to support Vietnamese enterprises in accessing the North American and Canadian markets.
 
This event is part of the cooperation project between the VCBA and the ITPC. In the initial stage of the project, Vietnamese enterprises will be supported to promote their products at the supermarket chain 88 in Canada.
 
The move is expected to help promote business cooperation between the sides' business communities. The cooperation project was launched after a visit to Vietnam last year by the VCBA's delegation to learn about the Vietnamese market.
 
VCBA Chairman Chau Tu Cuong, who is also the owner of the supermarket chain 88 in Vancouver, said that the Canadian and North American markets have a lot of development potential for Vietnamese products.
 
In the first half of 2024, Canada imported over US$228 million worth of agricultural and food products from Vietnam, accounting for 5.5% of Vietnam’s total export value to Canada, an increase of about 24% over the same period last year. Vietnam's main exports to this country are seafood and processed seafood, with a turnover of nearly $100 million.
 
Currently, products of Asian origin entering Canada are mainly dried goods, processed foods, non-alcoholic beverages, spices and sauces. These retail products are expected to continue to achieve high consumption levels in the 2024-2030 period, Cuong said.
 
He added that import-export enterprises and supermarket chains of Vietnamese people in Canada, with the strength of understanding the tastes and preferences of Vietnamese and Asian people, have become extremely important distribution channels, contributing to bringing Vietnamese products to the Canadian market in particular and North America in general. - VNA/VNS
 
 
Read original article here
Newer News
09/11 Prices of raw materials surge, led by cocoa with a 6.3% increase
09/11 Dak Lak to carry out reforestation project worth over US$19 million
09/11 Nam Dinh unveils its seventh industrial park
09/11 Hanoi's 10-month export value tops $15.5 billion
09/11 EU is important VN partner for trade, green transformation: forum
08/11 Automotive support industry strives to become spare part supplier
08/11 Vietnam’s auto industry strives to reach global recognition
08/11 Vietnam Air Cargo Day 2024 Forum takes place for the first time in Hanoi
08/11 Bac Giang promotes service development to attract high-quality FDI
07/11 Foreign investment disbursement hits $19.58b in 10 months
Older News
12/08 Bac Giang increases lychee exports to many demanding markets
12/08 Some standards and technical regulations need to be clarified
09/08 International hotel brands expand presence in Vietnam
09/08 Digital technology applications key to combating smuggling, trade fraud, and counterfeit: Deputy PM
09/08 Vietnam’s mollusk exports rising: Association
08/08 Bac Giang enhances cooperation with RoK
08/08 Vietnam is the eighth largest tea exporter in the world
08/08 Vietnam's exports to US market accelerate
08/08 Vietstock 2024 is to take place in HCM City in October
08/08 Vietnamese firms face challenges accessing ample green capital
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,252.56 -7.19/-0.57%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.