VN Hopes for EU Recognition as Market Economy

The implementation of the general plan for relations between Viet Nam and the EU was the main topic of discussion at the meeting held yesterday in Ha Noi by The National Committee for International Economic Cooperation. The meeting was presided over by Deputy Prime Minister Pham Gia Khiem.

The general plan was formulated as a guide for the period between now and 2010 moving toward 2015 that received government approval last June.
Assessing the implementation of the plan over the past year, Deputy Minister of Trade Le Thi Kim Ngan assessed that 13 ministries and sectors along with one locality have had detailed instructions to implement both the general plan and the Government’s Action Program on EU relations.
Deputy Minister Ngan stressed that Viet Nam’s market economy must grow entirely from the ground up, especially in relation to its system of legal standards and documentation as well as the operation of enterprises and infrastructure.
The country’s economy is operating according to the market mechanism and basically meets the five European criteria. Therefore, the EU should consider and soon acknowledge Viet Nam’s as a market economy.
A representative of the Planning and Investment Ministry also proposed the EU lift anti-dumping duties imposed on Viet Nam’s leather-capped shoes.

By D.L. – Translated by Yen Chuong

Other news