Minister Mary Ng speaks at CPTPP Vietnam event in Toronto, March 11, 2019

The Canada-Vietnam Trade Council organized a “CPTPP: Vietnam” event on March 11, 2019 at the Ontario Investment and Trade Centre. The Honourable Mary Ng, Minister of Small Business and Export Promotion, spoke about various topics from access to capital for Canadian SMEs to government support for underrepresented small business owners such as women, Indigenous people, and youth.

Speakers included representatives from Global Affairs Canada; Ontario Ministry of Economic Development, Job Creation and Trade; Export Development Canada (EDC); Business Development Bank of Canada (BDC); and the Trade Office at the Embassy of Vietnam in Canada.

 CPTPP

Read more: CPTPP helps drive Canadian firms’ interest to Vietnam by Vietnam Plus and CPTPP partner: Vietnam by the Government of Canada.

The story of Viet Nam’s economic miracle

According to analysts from the World Bank and the think tank Brookings, Viet Nam’s economic rise can be explained by three main factors: “First, it has embraced trade liberalization with gusto. Second, it has complemented external liberalization with domestic reforms through deregulation and lowering the cost of doing business. Finally, Viet Nam has invested heavily in human and physical capital, predominantly through public investments.” World Economic Forum, September 11, 2018. Continue reading “The story of Viet Nam’s economic miracle”