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Local firms are taking advantage of opportunities from the deal at a time when trading activities are struggling with Covid-19 impacts.

Vietnam should further diversify its import markets to reduce trade risks in the future.

Vietnam attends a ministerial-level talk of the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The opening of the negotiations with the UK would send a message on commitments of CPTPP members in supporting the establishment of fair, efficient and comprehensive international trade practice.

Despite Covid-19 impacts, Vietnam’s trade turnover with the Americas rose by 16% year-on-year in 2020 to US$111.5 billion.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership is believed to accelerate the bilateral economic relations between Vietnam and Canada to a new height. Hanoitimes reporter Tu Anh talks with Canadian ambassador to Vietnam Deborah Paul about potentials in the future.

Vietnam-Canada trade relations have reached US$9 billion, marking a fruitful result created by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.