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import tax

MoF refuses to cut import tax for some materials of animal feed production

MoF refuses to cut import tax for some materials of animal feed production

The ministry stated that current preferential import tax rates on raw materials for animal feed are low enough to promote domestic industry growth and decrease reliance on imported materials.
Cashew industry proposes import tax on cashew kernels

Cashew industry proposes import tax on cashew kernels

Viet Nam Cashew Association (Vinacas) has sent an official dispatch to the Ministry of Industry and Trade to propose a tax on cashew kernels imported from Africa to protect domestic cashew processing.
Import tax exemption to benefit domestic electonics industry

Import tax exemption to benefit domestic electonics industry

he information and communication technology sector has grown by 6-9 per cent each year and has often exceeded the country’s GDP growth rate in recent years, attendees were told at workshop held by the Ministry of Information and Communications (MIC).
Animal feed industry asks for import tax reduction on raw materials

Animal feed industry asks for import tax reduction on raw materials

In response to the proposal, Deputy Prime Minister Le Minh Khai instructed the Ministry of Finance to work with relevant ministries and branches to study and consider the association''s recommendations and submit them for consideration and decision following the law.
Gasoline products entitled to 10 per cent discount on preferential import tax

Gasoline products entitled to 10 per cent discount on preferential import tax

The Government has just issued a decree stipulating the import tax rate for gasoline products, with a reduction of 10 per cent on organic unleaded gasoline.
Proposed steel import tax reduction to threaten domestic steel production: VSA

Proposed steel import tax reduction to threaten domestic steel production: VSA

Reducing the import tax for construction steel products will threaten domestic steel production, the Việt Nam Steel Association (VSA) has said.
Enjoying incentives, prices of domestically-produced cars expected to drop

Enjoying incentives, prices of domestically-produced cars expected to drop

The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices and enhance competitiveness.
MoF proposes tax exemption

MoF proposes tax exemption

The Ministry of Finance recently has added non-woven fabrics, which are used to produce protective clothing, into the list of import tax exemption.
The Ministry of Finance proposes reducing import tax on some foods

The Ministry of Finance proposes reducing import tax on some foods

The ministry said consumers will benefit from tax reductions due to decreasing product prices.
BSR earnings get boost as crude import tax turns zero

BSR earnings get boost as crude import tax turns zero

The zero crude import tax will help BSR reduce its dependence on US, Southeast Asia and West Africa imports
Crude import tax zeroed in November

Crude import tax zeroed in November

The Prime Minister announced import tax on crude oil will be scrapped from the current rate of 5 per cent.
Import duties to be eliminated for auto parts: MoF

Import duties to be eliminated for auto parts: MoF

The Ministry of Finance plans to eliminate the import tax for auto materials and parts in order to support the development of the country’s automobile industry.
MoF proposes to increase import tax on heavy trucks

MoF proposes to increase import tax on heavy trucks

The Ministry of Finance has proposed to increase import tax on complete built-up units (CBUs) of trucks weighing more than 45 tonnes from the current zero to 10 per cent.
Three airlines get exemption from import tax

Three airlines get exemption from import tax

Deputy Prime Minister Vuong Dinh Hue has agreed with the proposal of the Ministry of Finance to exempt three airlines from import tax.
Floodgates could open as Honda imports cars

Floodgates could open as Honda imports cars

After stopping car exports to Viet Nam for more than a month, Japanese auto giant Honda Motor suddenly decided to import around 2,000 vehicles from Thailand in early March.