Global Trade Alert
Global Trade Alert

Vietnam: Reduced the VAT rate for imported medical equipment

Announcement

11 Jun 2021

In June 2021, Vietnam reduced the VAT rate for imported medical equipment from 10% to 5%.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Aug 2021

Revocation date:

No revocation date

Updated: 11 Jun 2021
Internal taxation of imports In force
On 11 June 2021, Vietnam issued the Ministry of Industry and Trade Circular No. 43/2021/TT-BTC, reducing the value-added tax (VAT) rate for imported medical equipment from 10% to 5%. The medical equip...
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