Viet Nam''s customs department contributed a record VND348 trillion (US$15 billion) to the State budget from the collection of import and export taxes in 2019.
The Ministry of Finance (MoF) submitted a Decree on preferential export tariffs and special preferential import tariffs of Viet Nam under the CPTPP from the period January 14, 2019 to December 31, 2022.
Payments of import-export taxes and fees to customs authorities must all be conducted via cashless payment methods or through credit institutions from the beginning of April, according to a requirement recently issued by the General Department of Viet Nam Customs.
Export taxes on gold jewellery and fine works are to be eliminated,
while the tax on material gold will be set at 2 per cent beginning
January 1 next year, reports www.thesaigontimes.vn.
The Viet Nam National Coal and Mineral Industries Group (Vinacomin) is
expected to produce only 39 million tonnes of coal this year, a
significant of 4 million tonnes.