Global Trade Alert
Global Trade Alert

Vietnam: Government changed customs tariffs on certain automotive and mechanical processing machine products

Announcement

31 May 2023

In May 2023, the Government of Vietnam changed customs tariffs on certain automotive and mechanical processing machine products.

Source

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Number of interventions

5

2 certainly harmful

0 likely harmful

3 liberalising

List of interventions

Implementation date

15 Jul 2023

Revocation date:

No revocation date

Announced: 31 May 2023
Import tariff In force
On 31 May 2023, the Government of Vietnam issued Decree No. 26/2023/ND-CP, exempting import duties on mechanical processing machines of HS codes from 84.54 to 84.63. According to the WTO Tariff Downl...
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Implementation date

15 Jul 2023

Revocation date:

No revocation date

Announced: 31 May 2023
Import tariff In force
On 31 May 2023, the Government of Vietnam issued Decree No. 26/2023/ND-CP, increasing import duty on used passenger cars with 16 seats or more under the HS code 87.02 and motorized cargo vehicles of a...
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Implementation date

01 Jan 2022

Revocation date:

31 Dec 2027

To be prolonged: 10 Feb 2025
Tax or social insurance relief In force
On 31 May 2023, the Government of Vietnam issued Decree No. 26/2023/ND-CP, zeroing import duties on certain "raw materials, supplies and components for the production, processing (assembly) of priorit...
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Implementation date

01 Jan 2022

Revocation date:

31 Dec 2027

To be prolonged: 10 Feb 2025
Import tariff In force
On 31 May 2023, the Government of Vietnam issued Decree No. 26/2023/ND-CP, zeroing import duties on certain "raw materials, supplies and components for the production, processing (assembly) of priorit...
Sign in to see more
Announced: 31 May 2023
Import tariff quota In force
On 31 May 2023, the Government of Vietnam issued Decree No. 26/2023/ND-CP, exempting import duties on certain passenger cars under the duty incentives program for automobile manufacturers as follows:...
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