At the recent meetings with the Vietnamese Embassy’s delegation, led by Ambassador Pham Vinh Quang, Quebec leaders expressed their determination to bolster comprehensive cooperation with Vietnam as part of Canada's strategy to diversify markets and reduce its dependence on the US market.

Quebec's Minister of International Relations and La Francophonie Martine Biron underscored the importance of establishing a direct maritime transport corridor between the port of Montreal and Vietnam, helping optimise shipping costs and time while demonstrating the locality’s efforts to address current trade challenges.

With its GRDP valued at approximately US$320 billion in 2024, Quebec is positioning itself as one of Canada's most dynamic economies. The province not only leads in renewable energy production but also boasts strengths in innovation, information technology, artificial intelligence, and biotechnology.

Quebec has invested in 125 projects with Vietnam while bilateral trade stands at 1.5 billion USD, contributing to the total Vietnam - Canada trade turnover of US$11 billion in 2024. This turns Vietnam into Canada's largest trading partner in ASEAN.

Notably, as the US recently announced reciprocal tariffs on several countries, Quebec's Deputy Minister of International Relations and La Francophonie Alain Sans Cartier emphasised the importance of countries uniting to address common challenges, while affirming the province's commitment to the free trade policy.

Canada eyes investment in test kit factory in Binh Dinh

VOV.VN - Gene Bio Medical Company (GBM), a leading biotechnology company in British Columbia, Canada, plans to build a test kit factory in the south-central province of Binh Dinh with a total investment of between US$10 - 20 million.