With its large population, growing middle class, rapid macroeconomic growth and strong foreign direct investment potential, Vietnam offers many opportunities for Canadians for years to come. Our exporters will also benefit from Vietnam’s free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Regional Comprehensive Economic Partnership (RCEP), which provide market access to the broader Asia-Pacific region.

Bureaucracy, corruption, infrastructure gaps and the dominance of state-owned enterprises (SOEs) pose challenges, so doing your due diligence is necessary when looking for buyers, partners and representatives.