Vietnamese firms warned about export scams to Canada
The Vietnam Trade Office in Canada has warned Vietnamese businesses about export scams by some individuals misrepresenting themselves as major Canadian companies.
Hanoi (VNA) – The Vietnam TradeOffice in Canada has warned Vietnamese businesses about exportscams by some individuals misrepresenting themselves as major Canadian companies.
The office said aside from conducting verification and coordinationwith businesses to issue warnings and take prevention measures, it has also liaisedwith the trade division of the Canadian Embassy in Vietnam and authorities ofthe North American country to ask for help with information verification.
The office has also worked withrelevant parties to warn banks and major businesses of Canada against scams.
It cited data from Statistics Canada showing that Vietnam’s exports toCanada have decelerated, which accords with a downtrend in the latter’s imports.
Local data between 2018 and 2022 indicated that since the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, theSoutheast Asian nation’s shipments to this market have been on the rise.
However, Vietnamese exporters have yet to fully capitalise on preferential tariffsunder the CPTPP as awareness is an issue. Vietnameseproducts are ineligible for preferential treatment in terms of origin certification and the rate of materials sourcedfrom the region, according to the Vietnam Trade Office./.
A delegation of the Ho Chi Minh City People's Committee and Consul General of Vietnam in Vancouver Nguyen Quang Trung on June 27 organised the Vietnam - Canada Business Forum which attracted more than 100 participants.
The Trade Remedies Authority under the Ministry of Industry and Trade said Canada has recently issued its final conclusion on the anti-dumping and anti-subsidy probe into Vietnamese copper pipe fittings.
The Ministry of Industry and Trade (MoIT) recommended on July 25 that Vietnamese companies be cautious and thoroughly negotiate payment clauses when conducting transactions with foreign firms, following a suspected scam involving five batches of Vietnamese farm produce in Dubai.
Prime Minister Pham Minh Chinh has ordered assistance to firms at risk of losing their farm produce shipments to the United Arab Emirates (UAE) market.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), to which both Vietnam and Canada are members, has brought about many benefits to businesses of both sides.
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
A garment factory in Vietnam (Photo: VNA) 
