Vietnam Calls E.U. to Remove Punitive Duty on Vietnamese Shoes
Vietnamese Deputy Prime Minister Hoang Trung Hai has proposed that the European Union (E.U.) put an end to the imposition of anti-dumping tax on Vietnamese leather-capped shoes exports to its market, the Vietnam News Agency reported.
The Deputy PM told a meeting with European entrepreneurs in Hanoi August 28 that over the past two years, the EU’s punitive tax imposition has affected many businesses, including those from Europe, and particularly nearly 1 million local workers.
He also called on the EU to soon recognize Vietnam as a market economy and urged European entrepreneurs to voice their support for Vietnam’s proposals to help boost economic ties between the two sides.
Over the past 20 years of renewal and international economic integration, Vietnam’s socio-economic achievements have always been along with the presence of European businesses, he told the event, held by the European Chamber of Commerce (EuroCham) in Vietnam.
The Deputy PM went on to say that Europe has become Vietnam’s most important economic partner, with two-way trade growing at between 15 per cent and 20 per cent annually and reaching US$14 billion last year.
Europe has so far invested more than US$9 billion in around 730 projects in Vietnam. (VNA, Vietnam Economic Times)
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