Vietnam to Lower Over 1,000 Import Tariffs from 2012

[2011-10-28 17:24:50]


According to a Customs newspaper of Vietnam on October 20, Vietnam Ministry of Finance is asking relative departments' advices on the 2012 table of taxable imports and exports.

It is predicted that the import tariffs on more than 1,000 goods will be lowered to the level Vietnam promised to WTO or even less.

Meanwhile, the HS Codes will be reduced from 10 digits to 8 ones; However there are no basic changes in export tariffs.
Source: ETCN
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