Vietnam and Canada have enjoyed a favourable politic atmosphere and growing economic and trade ties, Deputy Prime Minister Vu Van Ninh said on the occasion of the 40 th anniversary of the Vietnam-Canada diplomatic ties (August 21, 1973-2013).
Addressing a get-together in Hanoi on August 21 to mark the anniversary, the deputy prime minister noted that since the two countries signed their bilateral Trade and Commerce Agreement in 1995, two-way trade surged by 20 times, hitting 1.6 billion USD in 2012.
Canada jumped from the 23 rd position among foreign investors in Vietnam in 2006 to the 15 th position currently, he said, adding that both countries are now joining the negotiations for a Trans-Pacific Partnership (TPP) – the largest trade agreement in the region.
Deputy PM Ninh went through the achievements of the friendship and cooperation between the two countries over the past 40 years.
He particularly stressed Canada ’s contributions to the process of ending war in Vietnam through its participation in the International Commission for Control and Supervision of the Implementation of the 1954 Geneva Accord and the 1973 Paris Agreement.
Ninh expressed thanks to the Canadian Government for maintaining official development aid (ODA) provision to Vietnam as one of its 20 prioritised ODA recipients. He said Canadian ODA-funded projects in various fields including environment, education, vocational training and banking restructure have positively contributed to Vietnam ’s socio-economic development.
Canadian Ambassador Deboral Chatsis said her country attaches much importance to cooperation with Vietnam , particularly in the field of training with the number of Vietnamese students in Canada rising by four times from 2007 to 2011.
She said Vietnamese students in Canada can help further the friendship, cooperation and investment ties between the two countries in the future, and the 250,000-strong Vietnamese community in Canada has also made great contributions to the development of the host country.
The event was jointly organised by the Vietnam Union of Friendship Organisations (VUFO), the Foreign Ministry and the Vietnam-Canada Friendship Association.-VNA