The measure will be applied from the start of next year. The Vietnam Leather and Footwear Association said Vietnamese leather and footwear exports will rise by nearly 13% this year, compared with 2007, to about US$4.5 billion.
EU Abolish GSP on Vietnam
The European Commission has decided to abolish the Generalised System of Preferences (GSP) on EU imports of Vietnamese-made leather shoes, according to the Vietnamese News Agency.