Beyond Borders: selling into the United States
21 September 2026Episode 738 minwith Tamir Maharaj
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Export Navigator Market Profile
One of Asia’s fastest-growing economies and a CPTPP partner, with tariffs on Manitoba agri-food still phasing to zero through 2029.
Last updated September 15th, 2026
More on the way
Vietnam is two markets. Hanoi and the north differ from Ho Chi Minh City and the south on regulation, buyers and consumer preference. Pick a region before you pick a buyer.
$1.0bn
Canadian exports to Vietnam in 2024
Source: Global Affairs Canada (Manitoba figure pending)
+31%
Growth year over year
Source: Global Affairs Canada, 2024
102m
Market population
Source: IMF and World Bank, 2026
Notice
Vietnam is revising its Food Safety Law and issuing new Personal Data Protection guidance. Requirements for food and data-handling exporters may change before a deal closes.
posted 3 Sep 2026
In force since 14 January 2019. Vietnam removed tariffs on 66% of lines for Canadian goods immediately; the rest phase out on a schedule running to 2029. Two products in one shipment can carry different rates, so confirm your HS code and its current staged rate before quoting.
Global Affairs Canada — CPTPP tariff scheduleCPTPP preference only applies if your product meets the agreement’s origin rules. Documentation is the exporter’s responsibility. Get this confirmed before your first shipment, not after.
Global Affairs Canada — CPTPP rules of originNot sure how this applies to your product? Book a consultation.
Vietnam has 102 million people with a median age of 34, a GDP near US$514 billion and total trade around US$930 billion. It is moving from low-cost manufacturing toward higher-value production, and a middle class expected to reach 26% of the population by 2026 is driving demand for quality food, education and technology. (Sources: IMF, Vietnam, World Bank, Vietnam)
Trade with Canada has more than tripled since CPTPP, reaching $15.7 billion in 2024. Canadian exports hit $1.0 billion, up 31% in a year. (Sources: Global Affairs Canada, Canada-Vietnam relations)
Vietnam is two markets. Hanoi and the north differ from Ho Chi Minh City and the south on regulation, buyers and consumer preference, and Canada’s two trade offices split along the same line. Pick a region before you pick a buyer. (Sources: Trade Commissioner Service, doing business in Vietnam)
Agri-food and plant-based ingredients. Manitoba already exports wheat, pulses, canola, beef and pork to Vietnam, so buyers know Canadian product. Food processing and Asia-Pacific plant protein are both growing structurally. CPTPP staging widens Canada’s tariff edge every year.
Aerospace and MRO. Vietnam is the fifth-fastest-growing aviation market in the world, with 22 airport expansions and 8 new airports planned by 2030. About 75% of its MRO is outsourced. Openings in training and simulators, MRO, airport infrastructure and air traffic control map onto Winnipeg’s aerospace cluster.
Clean tech, water and wastewater. A federal delegation vehicle for water technology is running through Southeast Asia into Vietnam.
Education and skills. The one sector with a dated 2026 federal event and a named in-market desk. Vocational and institutional partnerships are active.
Where Manitoba is the buyer, not the seller. ICT and broad manufacturing run the other way: Vietnam is a lower-cost producer. Treat these as sourcing markets outside specific niches.
Vietnam runs 34 seaports handling 864 million tonnes and 29 million TEUs a year. Most Manitoba agri-food reaches the market through a Singapore or Hong Kong trading house rather than direct sale. Northern shipments land through Hai Phong for Hanoi; southern through Ho Chi Minh City.
Agri-business in Vietnam
Wheat, pulses, canola, beef and pork already move from Manitoba to Vietnam. Tariffs on these lines are phasing to zero under CPTPP. A Vietnamese importer of record and product-specific SPS compliance are the practical hurdles.
Read the sector topic in the fact sheetAerospace and MRO in Vietnam
Vietnam outsources most of its aircraft maintenance and is building or expanding 30 airports by 2030. Canadian capability is not well known in-market, so positioning through the TCS matters.
Read the sector topic in the fact sheetClean tech in Vietnam
Water and wastewater technology has an active federal delegation route into Vietnam. Low-cost Chinese suppliers compete directly, so differentiate on performance and financing.
Read the sector topic in the fact sheetEducation in Vietnam
The only sector with a named TCS desk and a dated 2026 federal event. Best suited to institutions pursuing vocational and university partnerships.
Read the sector topic in the fact sheet
21 September 2026Episode 738 minwith Tamir Maharaj
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Export financing, credit insurance and FX; Vietnam risk ratings and an HCMC office.
Working capital for international growth.
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Canada’s largest trading partner, tariff-free under CUSMA for most goods.
Manitoba exports $16.4bn
Top destination for Manitoba pulses, fast-growing consumer market.
Manitoba exports $1.1bn