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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Export opportunities for Vietnamese processed foods increase

Friday, December 11, 2020 > 11:13:09

Siagon online 

Mr. Do Thang Hai, Deputy Minister of the Ministry of Industry and Trade (MoIT), said that although the Covid-19 pandemic was complicated, the export turnover of agricultural, aquatic, and seafood products in 2020 still increased by 1.6 percent year-on-year, exceeding US$30 billion, at the Vietnam International Food Industry Exhibition 2020 (Foodexpo 2020) organized by the Department of Trade Promotion under the MoIT on December 9.

The MoIT has still made efforts to organize direct and online trade promotion activities to support enterprises to maintain business cooperation, promote trade, and expand export markets. Although Foodexpo 2020 is also organized online for the first time, it has attracted the participation of 300 enterprises. Through the online technology platform, enterprises between countries can easily connect, exchange, and sign trade cooperation agreements. According to Mr. Do Thang Hai, this Foodexpo has seen the participation of many enterprises from the Canadian market, so domestic counterparts need to take full advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to increase market penetration in member countries, especially the Canadian market.

Read more here

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