Vietnam-Canada Business Association expands operation
The establishment of the Eastern Chapter not only marks a significant step in the Vietnam-Canada Business Association's growth but also addresses the rising demand for networking and collaboration among Vietnamese and Canadian entrepreneurs in the region.
President of the Vietnam-Canada Business Association (VCBA) Eastern Chapter Chung Vinh. (Photo: VNA)
Ottawa (VNA) – The Vietnam-Canada Business Associﷺation (VCBA) has extended its reach with the launch of its Eastern Chapter, which iꦰs expected to help foster community development and enhance ties between the two nations.
The establishment of the chapter not only marks a significant step in VCBA's growth but also addresses the rising demand for networking and collaboration among Vietnamese and Canadian entrepreneurs in the region. The chapter aims to build a vibrant Vietnamese community in Canada while maintaining connections with the homeland.
Chung Vinh, President of the VCBA Eastern Chapter, emphasised the unique business environment in Eastern Canada, which places a strong focus on education, immigration, investment, and logistics alongside traditional trade. He noted that Vietnamese businesses have grown significantly in capability and expertise, enabling them to compete more effectively in the Canadian market.
The chapter's timely launch is expected to provide crucial support for both Vietnamese and Canadian enterprises and Vietnamese businesses exploring opportunities in Canada.
In addition to business support, it is set to establish the first Vietnamese-owned school in the region, addressing the increasing number of Vietnamese students pursuing education in Canada.
The chapter has identified three core objectives: strengthening connections and supporting the Vietnamese community’s growth in Canada, promoting Vietnamese products and culture internationally, and advancing Vietnam-Canada cooperation in trade, culture, technology, and lifestyle.
To achieve these goals, it plans to initiate programmes that connect Vietnamese businesses in Canada with established Canadian enterprises, creating new opportunities for collaboration and growth. The chapter hopes these efforts will empower members to thrive and secure their place in the Canadian market.
Founded in Vancouver two years ago, the Vietnam-Canada Business Association was created to meet the networking and business support needs of entrepreneurs from both countries. The establishment of the Eastern Chapter builds on this mission, reinforcing VCBA's commitment to facilitating connections and promoting trade between the two countries./.
Together with his friends, Tuan has cultivated a unique cultural experience in enjoying Vietnamese tea through what he calls "tea invitations," meaning drinking tea while meeting people from various countries.
Beyond traditional sectors, Saskatchewan is eager to expand ties with Vietnam in renewable energy, mineral extraction and processing, and innovation, Kaeding noted.
Established in Vancouver recently, Renso Foods has risen to be a popular supplier of Vietnamese products in Canada, a market with high demand for processed food and a stable retail sector.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
