Experts from Europe explain footwear rules to HCM City traders

European officials and business executives explained key import regulations and recommended strategies to help Vietnamese footwear exporters seize opportunities, overcome barriers and minimise risks in the EU at a seminar held in HCM City yesterday.

Minister-counsellor for the Delegation of the European Union to Viet Nam and head of its Trade and Economic Affairs Jean Jacques Bouflet said: “Vietnamese exporters need to strengthen ways to enter the market, including by building retail distribution networks in the EU.”

The proposed EU-Viet Nam Free Trade Agreement was expected to benefit the Vietnamese economy, especially industry, and so Viet Nam should more actively negotiate and conclude it to promote trade and investment, he said.

“The quality of products is also of top concern. So exporters should thoroughly consider quality standards. Social responsibility and environmental protection should not be neglected.”

Olivier Willocx , CEO of the Brussels Chamber of Commerce, said: “Businesses can first export to Belgium which will be a good indicator of similar success in the greater European market.”

He also suggested Vietnamese businesses to take advantage of the Brussels Import Agency, a new initiative by the Brussels Enterprises Commerce and Industry to help businesses by establishing links between importers and exporters.

It would also help them find new customers, new suppliers and new products, he said.

Nguyen Duc Thuan, chairman of the Viet Nam Leather and Footwear Association, said the industry hoped to achieve growth of just 10-15 per cent this year due to inflation and the hike in petrol prices.

The seminar was held under the framework of Multi-lateral Trade Assistance Policy Program Phase III (MUTRAP III) sponsored by the Delegation of EU to Viet Nam. — VNS

Tags:

Posted by VBN on Mar 11 2011. Filed under Garment Textile. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS Singapore Business News

  • PLife Reit’s Q3 revenue hits S$22m
  • Roxy-Pacific’s net profit jumps 50%
  • Works to start soon on Tuas MRT station
  • Punggol condo site attracts 5 bids
  • SGX suspends membership of MF Global S’pore
  • SIA reports 49% fall in Q2 net profit

RSS India Business News

  • Retailers predict sales slowdown in coming quarters
  • Bulk drug exports excluded from bar coding
  • Diesel, LPG prices set to rise again
  • Higher sales in chronic segments boost revenue
  • New drug pricing policy to pinch top three firms
  • Sensex up over 180 points; Sterlite, Hindalco, Axis Bank gain

RSS Malaysia Business News

  • Ex-servicemen get fruitful return from ‘golden crop’
  • K-Link to strengthen foothold in Indonesia
  • Malaysian Marine rises on RM1.4b job
  • Yeo Hiap Seng climbs on Q3 profit jump
  • CSC Steel suffers Q3 pre-tax loss of RM1.98m
  • Nestle posts higher Q3 pre-tax profit

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.