23/03/2024
In the current context of many fluctuations in the world economy, diversifying export markets and exploiting new markets with much room is considered the key to export.
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Canada is not only a
potential export market but also a "gateway" market to access the
North American market. Therefore, in recent times, Binh Dinh has promoted
cooperation between the province and Canadian and American organizations,
businesses, partners through organizing delegations to visit and meet with the
governments of the countries. to enhance trade and investment promotion
activities.
In 2023, Binh Dinh
enterprises' export turnover to the North American market achieved 569 million
USD, accounting for 96% of export turnover to the American market (593 million
USD) and 35.6% of the total export turnover of Binh Dinh province (mainly to
the US and Canada markets). As for the Canadian market, since the CPTPP
Agreement took effect, Binh Dinh province's export turnover to Canada has
increased fourfold, from 4.1 million USD in 2018 to over 17.2 million USD in
2023. In 2022 alone, it reached 23.9 million USD.
In 2023, Binh Dinh's
two-way trade turnover with Canada was estimated to reach 18.7 million USD, of
which the exports are estimated to reach 17.2 million USD; the imports was
estimated at 1.5 million USD. Binh Dinh's main export goods to the Canadian
market were seafood, refined wood for interior and exterior, garment products,
and plastic products. Among the key products of Binh Dinh province to the
Canadian market in 2023, seafood products had the highest export value, nearly
5.0 million USD, garment products 4.6 million USD, and refined wood products reached
4.6 million USD, products from rattan plastic reached 2.5 million USD,...
Binh Dinh always pay
much attention to recognizing opportunities and challenges to promote the
province's import and export activities to the Canadian market in particular
and North American markets in general. In order to enhance the achieved
results, create more favourable conditions for businesses in the province to
access, connect, and trade with the North American market in general and
businesses in the Vietnam - Canada Business Association (VCBA) in particular,
the People's Committee of Binh Dinh province has coordinated with the Vietnam -
Canada Businessmen's Association (VCBA) to organize a Trade Promotion
Conference with the Vietnam - Canada Businessmen's Association (VCBA) with the theme
"Canada - Gateway for businesses". Vietnamese businesses access the
North American market"
The Trade Promotion
Conference with VCBA took place at 08:00 on March 28, 2024 at Binh Dinh
Provincial Convention Center, No. 01 Nguyen Tat Thanh, Quy Nhon city.
More than 250
delegates will attend the conference; also it will have the participation of
leaders of Binh Dinh province; Ambassador Nguyen Quang Trung, Former Consul
General of Vietnam in Vancouver - Canada; concerned departments of Binh Dinh
province; People's Committees of districts, towns and cities; about 200
businesses in the province and foreign businesses wishing to connect with
trade; President of VCBA and members of VCBA.
At the conference,
there will be speeches by the Leaders of Binh Dinh Province, Leaders of the
Department of Industry and Trade of Binh Dinh and speakers, experts, and entrepreneurs
of the Vietnamese - Canadian business Association; Q&A about trade,
difficulties, and conditions required to access and trade with the North American
and Canadian markets; the trade promotion situation and export situation of
Binh Dinh province to Canadian and North American markets; the consumption
trends in the Canadian market, methods of exporting goods to Canada and plans
to display Vietnamese products in Canada.
Within the framework
of the Trade Promotion Conference with VCBA, there is an "Economic
exhibition, investment destination, combined with displaying typical products
and OCOP products". of Binh Dinh province".