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In 2018,Viet Nam Cut Importing Tax to Zero for Thousands of Products

  • Author:Jack
  • Source:Original
  • Release on :2018-1-12

The Hanoi news agency reported on 9, said in a press conference on the 10 agreed preferential import taxable items and tax rates table on the Vietnam Ministry of Finance International Cooperation Department deputy director Fan Junying the day before, the government recently issued for a period of 5 years (from January 1, 2018 to 2022-2023 years) the preferential import taxable items and tax rates table. According to the table, the tariff of thousands of imported goods in Vietnam will be reduced to zero in 2018. At present, Vietnam is to fulfill the 10 free trade agreements the import tax preferential commitments, in particular: ASEAN, ASEAN – China (ACFTA), ASEAN – South Korea, ASEAN – Japan, ASEAN – India, ASEAN – Australia – New Zealand, Vietnam  – Japan (VJEPA), Vietnam – South Korea (VKFTA). Vietnam – Chile, and Vietnam – Eurasian Economic Union (VN-EAEU FTA).

It is good news for global international trade and economy developing between countries. Shandong Welldone, as ceramic ball manufacturer, will do our best to offer Green Chemical to World.

 

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