Cptpp

With over 37 million people, a high standard of living and an urbanisation rate at 80 per cent, Canada is considered a potential market for many key export items of Viet Nam, including textiles, footwear, seafood, tea, pepper, cashew nut, coffee and wooden furniture. … [Read more...] about Viet Nam gains higher exports to Canada and Mexico partly due to CPTPP

Hanoi (VNS/VNA) - Vietnam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT). These are the two CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) members that have not yet signed bilateral free trade agreement (FTAs) with Vietnam. In the first two months of this year, Vietnam’s exports to Canada rose by 20.39 percent to 578 million USD year on year. With over 37 million people, a high standard of living and an urbanisation rate at 80 percent, Canada is considered a potential market for many key export items of Vietnam, including textiles, footwear, seafood, tea, pepper, cashew nut, coffee and wooden furniture. During the first two months, textile and apparel export value reached more than 100 million USD, up 5.86 percent year on year. The export value of mobile phones and accessories surged by 104.22 percent to 122.09 million USD compared to the same … [Read more...] about Vietnam gains higher exports to Canada, Mexico partly due to CPTPP

Assessing the implementation of FTAs to promote exports, especially the CPTPP, Lương Hoàng Thái, director of the MoIT’s Department of Multilateral Trade Policy, told the Đầu tư (Investment) newspaper reported that Việt Nam’s enterprises have efficiently exploited markets with which Việt Nam has not yet signed FTAs. … [Read more...] about Việt Nam gains higher exports to Canada and Mexico partly due to CPTPP

The greatest advantage of Vietnam is the stable economic development. The foreign investment has been increasing, while the export has been growing rapidly with three large markets – the US, China and South Korea. Exports brought export turnover of $500 billion in 2019. The greatest advantage of Vietnam is the stable economic development. The foreign investment has been increasing, while the export has been growing rapidly with three large markets – the US, China and South Korea. Exports brought export turnover of $500 billion in 2019. … [Read more...] about Covid-19 crisis leads to opportunity to expand markets