Trade agreement and fast-growing economy make Vietnam an attractive market for B.C.

Tariffs will continue to go down for Canadians exporters entering the country, thanks to CPTPP free-trade agreement The provincial government recently announced its new trade diversification strategy, which identifies three new markets that have "clear and present export or investment attraction opportunities" for B.C. companies. Compared to Taiwan and Mexico - two of the markets added to the strategy - Vietnam has a smaller trade presence in B.C. With more than $160 million in B.C.-origin exports in 2022, Vietnam ranks as the province's 23rd-largest export destination. Despite that, experts say there is significant growth potential in trade with the country…