Ambassador Đinh Toàn Thắng stressed that Hauts-de-France, with its robust industrial base, well-developed seaport and logistics networks and open investment environment, represents a highly promising partner for Vietnamese localities and businesses aiming to deepen integration into the European Union market.
In the first quarter of 2025, bilateral trade between Việt Nam and China reached US$51.2 billion, up 17.5 per cent year-on-year, with expectations for continued growth throughout the year.
United by common aspirations for sustainable growth and economic resilience, the two countries are on track to forge even deeper and more dynamic economic ties in the years to come, said Wan Zhe, a professor specialising in regional economic development...
The establishment of the Eastern Chapter not only marks a significant step in the Việt Nam-Canada Business Association''s growth but also addresses the rising demand for networking and collaboration among Vietnamese and Canadian entrepreneurs in the region.
Canada''s recent changes in trade policies focusing on reducing domestic trade barriers are expected to provide significant benefits to Việt Nam''s export.
Experts see US President Donald Trump''s recent tariff hikes on Canada, Mexico, and China as the start of his administration''s trade policies, with potential for broader tariffs.
With a trade volume nearing $800 billion, Việt Nam ranks 23rd in terms of global exports and 22nd in imports, which represents an average annual growth rate of over 13 per cent since 2007.
The months ahead will be crucial in determining whether the country can navigate these challenges while capitalising on emerging opportunities in an increasingly complex economic landscape.
Việt Nam is strategically focusing on expanding traditional export markets while diversifying into new ones to navigate the growing volatility in world trade.