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Tuesday, February 07, 2012

Tax of many goods imported from Korea will be reduced

To implement the agreements of free trade areas of ASEAN - Korea for the period 2010-2011, the Ministry of Finance has issued Circular 77/2010/TT-BTC guiding the preferential import tariff of Vietnam.

Specifically, the tax rate of many items imported from Korea such as lamb, buffalo, cow, pig…reduces 70-80%. Goods of milk has common tariff from 10% to 15%. Common tariff of fish and fruits decreased from 15-20% ... from July 3.

In order to enjoy preferential tax rates, imported goods must be imported directly into Vietnam from nine ASEAN members such as Brunei, Cambodia, Laos, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Korea Nations. (Translated by Hong Chau -  SCT News)


Other News in topic

>> Extention of corporate income tax for SMEs (4/4/2011)

>> Tasks of industrial management in quarter I/2011- Central tasks in quarter II/2011. (3/31/2011)

>> Central tasks of industrial management in February 2011 (3/30/2011)

>> 276 industrial zones and economic zones established nationwide. (3/30/2011)

>> Khu công nghiệp Bình Hòa (An Giang): Đầu năm khởi sắc (2/11/2011)

>> Local woodworkers shut out of domestic market. (9/6/2010)

>> Imbalance in steel industry (9/6/2010)

>> The mission of The Ministry of Industry and Trade worked with Dong Nai Department of Industry and Trade. (8/23/2010)

>> The task of industrial management for August 2010. (8/23/2010)

>> Development of clusters of small and medium enterprises in Vietnam (7/20/2010)


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Governing Body: Dong Nai Province People's committee. Licence No, 26/GP-BVHTT dated 22/01/2003
Editor in chief: Mr Le Van Danh - Director of Dong Nai Industry and Trade

Address: 2 Nguyen Van Tri ,Bien Hoa, Dong Nai.
Tel : 061.3823317 . Fax: 061.3823319 . E-mail:
sct@dongnai.gov.vn; scndnvn@hcm.vnn.vn
Copyright 2009 by So Cong Thuong Dong Nai