The long-awaited deal inked in Hanoi on Sunday will eventually slash duties on 99 percent of Europe’s imports from Vietnam once the agreement is ratified.
“I hope in the next few years that export quantity and value will double,” Trung told AFP at his warehouse where a fresh batch of German Christmas cards featuring reindeer and snow-frosted pine trees were being printed. The company has already started using more environmentally-friendly materials, knowing that plastics are becoming less desirable among European consumers.
“When the comes into effect, there will be competition but we don’t worry much because we have 15 years of export experience,” said company director Vu Dinh Duc.
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