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tariff

Seven traders assigned import tariff quotas for sugar in 2024

Seven traders assigned import tariff quotas for sugar in 2024

Seven traders, including the Việt Nam Sugar Joint Stock Company, were allocated import quotas at an auction in Hà Nội on Friday.
Ministry proposes removing FiT for more competitive renewable energy prices

Ministry proposes removing FiT for more competitive renewable energy prices

FiT was introduced to support early development of renewable energy sources by providing a guaranteed, above-market price for producers to sell energy back to the grid.
Philippines announces 20 per cent tariff cut for imported rice

Philippines announces 20 per cent tariff cut for imported rice

The Philippines, one of the world''s largest rice buyers and largest customers of Vietnamese rice, announced a reduction in import taxes from 35 per cent to 15 per cent, effective immediately and lasting until 2028. 
Some firms likely to close due to higher anti-dumping tariff on plywood products in S Korea

Some firms likely to close due to higher anti-dumping tariff on plywood products in S Korea

Awaiting a final decision from the South Korea, Vietnamese enterprises have concerns over a potential higher anti-dumping duty in South Korea on plywood imports from Việt Nam.
Exporters must actively engage and adapt to EUs CBAM

Exporters must actively engage and adapt to EU's CBAM

Exporters have long voiced their concerns over the CBAM''s potential effects on Vietnamese exports, saying CBAM''s implementation will likely increase the prices of exported goods, reducing Vietnamese exports'' competitiveness and affecting demand in the EU market.
Non-tariff barriers raise issues for improving competitiveness, compliance

Non-tariff barriers raise issues for improving competitiveness, compliance

Entering the market is already difficult, but maintaining market share can be even more difficult.
MoIT proposes new electricity tariffs, fostering fairness and efficiency

MoIT proposes new electricity tariffs, fostering fairness and efficiency

According to the Ministry of Industry and Trade, the proposed retail electricity tariff structure will encourage people to save electricity.
MoF proposes to reduce tax for input material of petrol products to 10%

MoF proposes to reduce tax for input material of petrol products to 10%

The reduction of the MFN tariff to zero is also proposed for some items being intermediate products for oil refiners, such as VGO, residue and condensate, to ensure enough supply of those products for petroleum production.
MoF proposes to impose tariff on exported gold

MoF proposes to impose tariff on exported gold

The Ministry of Finance (MoF) has just proposed to increase export tax on gold products of less than 95 per cent purity to 2 per cent from 0 per cent.
Viet Nam removed from list of beneficiaries of EAEU tariff preferences under GSP

Viet Nam removed from list of beneficiaries of EAEU tariff preferences under GSP

This change is expected to have a strong impact on enterprises whose export activities are enjoying GSP incentives from the EAEU markets, especially the Russian market. 
EAEU gives Viet Nam tariff quota of 10,000 tonnes of rice in 2021

EAEU gives Viet Nam tariff quota of 10,000 tonnes of rice in 2021

Eurasian Economic Union (EAEU) countries pledged to provide a tariff quota of 10,000 tonnes of rice from Việt Nam next year under the Việt Nam-EAEU Free Trade Agreement.
Local tyre producers suffer small impact from US tariff

Local tyre producers suffer small impact from US tariff

Local companies do not have to worry about a preliminary anti-subsidy tariff imposed by the US Department of Commerce on car and truck tyres from Viet Nam, executives told local media.
Nine Vietnamese fragrant rice varieties given tariff quotas in EU

Nine Vietnamese fragrant rice varieties given tariff quotas in EU

Nine Vietnamese fragrant rice varieties will enjoy tariff export quotas to Europe under the Europe-Vietnam Free Trade Agreement (EVFTA) agreement.
Vietnamese firms to promote exports to Southeast Asia

Vietnamese firms to promote exports to Southeast Asia

Vietnamese firms need to improve product quality and research market trends and consumer tastes in Southeast Asian countries and take part in trade promotion programmes there to promote exports.
ASEAN to limit tariff barriers to restore regional economies

ASEAN to limit tariff barriers to restore regional economies

Leader of MoIT Trần Tuấn Anh said trade barriers, including tariff and non-tariff restrictions, should be limited to restore the economies of ASEAN members amid the COVID-19 pandemic.