Vietnam had an open economy and a potential market for trade exchange and foreign investment through many reforms on politics, economy and laws during integration, emphasized many scholars and economists at a recent conference on technical support and strengthening institution to help Vietnam join the World Trade Organisation (WTO) in Milan city of Italy.
At the conference, Italian economists also discussed Vietnamese economy in the past years and positive impacts and challenges when Vietnam joined WTO.
Nguyen Van Nam, Vietnamese Ambassador based in Italia introduced Vietnam’s integration process into the world economy as well as the governmental major policies on attracting foreign investment and opportunities for partners mostly Italian businesspeople in Vietnam.
Concerning European Union’s antidumping policy against Vietnam’s shoes industry, Nam stressed the policy was unfair because Vietnam had never dumped shoes due to cheaper price for materials and workforce. The EU’s decision could be a great difficulty to thousands of lives, especially poor people and women.
Nam visited Bolzano province with great potential in tourism, forest products and mining. Bolzano helped Vietnam to build a vocational training school and rubbish treatment factory.
Louis Dunoande, Bolzano’s chair said they willingly kept cooperating with Vietnam mostly in the strong points of the province. In the near future, a business group of Bolzano led by Aloi Koplo would go to Vietnam to seek trading and investment opportunities especially in tourism, stone exploitation and wood processing.