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Canada Can Be Vietnam’s ‘Gateway’: Tuoi Tre

Ottawa reduces import taxes to zero under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership


Vietnam
A fruit vendor walks her bike along a street in Hanoi. Photo: AFP

 

Officials believe Canada can be “a gateway” for Vietnamese businesses to access the wider North American market, helping to develop the country’s economy and trade, the Tuoi Tre (Youth) newspaper reported.

Under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Canada reduces import taxes to 0%, said Ho Chi Minh City deputy customs director Nguyen Huu Nghiep. Vietnam exported about $900 million in goods to Canada in 2020.

Read the full report: Tuoi Tre

 

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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