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import taxes

Ministry reduces import taxes on gasoline and oil

Ministry reduces import taxes on gasoline and oil

The Ministry of Finance (MoF) has just announced the reduction of the gasoline import tax to 5.62 per cent while increasing the standard cost of the gasoline base price by VND30 per litre.
Govt to cut tax for mask production and imports

Gov't to cut tax for mask production and imports

The coronavirus outbreak in China and solutions to promote trade with Viet Nam were discussed at a meeting in Ha Noi on Thursday.
Many Korean goods to receive Viet Nam tax exemption

Many Korean goods to receive Viet Nam tax exemption

Many goods imported from the Republic of Korea (RoK) into Viet Nam will be exempted from import taxes in 2018, due to the Viet Nam-Korea Free Trade Agreement (VKFTA).
Ministry drafts auto part tax cut

Ministry drafts auto part tax cut

The Ministry of Finance plans to cut import taxes on auto parts, in line with the World Trade Organisation’s rules.  
Auto firms ask to lower component import taxes

Auto firms ask to lower component import taxes

High import taxes on auto components and parts, packaging and logistics expenses are major reasons behind locally-assembled cars costing 10-20 per cent higher than imports from Thailand and Indonesia.
Remove import tax on auto components, VBF proposes

Remove import tax on auto components, VBF proposes

Viet Nam Business Forum (VBF) 2016 has proposed the Government remove import taxes on auto components and parts which are not yet produced in Viet Nam.
Dung Quat refinery to calculate own oil price

Dung Quat refinery to calculate own oil price

The Finance Ministry has submitted a proposal to the Government to allow Dung Quat Oil Refinery to contribute only 10 per cent in import taxes to the State budget and to calculate its own selling prices.
Import tariffs on oil products slashed again

Import tariffs on oil products slashed again

Viet Nam continued reducing import taxes on oil products, beginning April 4, according to the Ministry of Finance.
Import tariffs to be cut under FTA commitments

Import tariffs to be cut under FTA commitments

Ministries, sectors and localities need to commit to reducing import taxes, as established in a Free Trade Agreement (FTA) for 2015 to 2018, Deputy Prime Minister Vu Van Ninh said.
Customs tax collection reviewed

Customs tax collection reviewed

Viet Nam Customs tax collections have reached VND117.5 trillion (US$5.57 billion) in the first six months of this year, a 24.4 per cent year-on-year increase.
Plastics, steel face more tax

Plastics, steel face more tax

Viet Nam would raise import duties for plastics and steel under plans announced by the Ministry of Finance (MoF) on Wednesday.
Used car import taxes rise again

Used car import taxes rise again

The Government has hiked import taxes on used cars for the second time in three months following a circular released by the Prime Minister.