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August 29, 2008

Vietnam asks EU scrap anti-dumping tax on shoes
Vietnam’s Deputy Prime Minister Hoang Trung Hai has proposed that the European Union (EU) put an end to the imposition of anti-dumping tax on Vietnam's leather-capped shoes exported to its market, reported state news agency VNA.

The minister was quoted as telling a meeting with European entrepreneurs in Hanoi on August 28 that over the past two years, the EU's anti-dumping 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 recognise 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 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.

According to the minister, Europe has become Vietnam's most important economic partner, with two-way trade growing at 15-20 percent annually and reaching $14 billion last year.

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