Global Trade Alert
Global Trade Alert

Vietnam: Elimination of import tariff of car components

Announcement

25 May 2020

In May 2020, Vietnam introduced a regulation that exempted the import duties of car components for the manufacturing of the automobile industry.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jul 2020

Revocation date:

31 Dec 2020

Updated: 25 May 2020
Internal taxation of imports

On 25 May 2020, following the issuance fo the Decree No.57/2020/ND-CP, Vietnam temporarily eliminated the import tariff on spare parts and accessories of the motor vehicles for purpose of manu...

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Implementation date

01 Jul 2020

Revocation date:

31 Dec 2020

Updated: 25 May 2020
Import tariff

On 25 May 2020, Vietnam issued the Decree No.57/2020/ND-CP to temporarily eliminate the import tariff on spare parts and accessories of the motor vehicles for purpose of manufacturing the auto...

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