Tag: import tariff
State budget revenue up 10.2% in Q1
Total state budget revenue in the first quarter of 2026 is estimated at VND820 trillion (US$31.1 billion), equivalent to 32.4% of the annual target and up 10.2% year-on-year, the Ministry of Finance reported.
Fuel import tariff cuts strengthen Vietnam’s energy resilience: experts
The Government’s issuance of Decree No. 72/2026/ND-CP revising preferential import tariffs on several petrol products and raw materials is a timely move to diversify supply sources, reduce import costs and enhance Vietnam’s resilience against global energy market volatility, said insiders.
Vietnam cuts fuel import tariffs to zero to secure supply
VOV.VN - The Vietnamese government has decided to temporarily reduce Most Favoured Nation (MFN) import tariffs on several petroleum products and refining inputs to 0% in an effort to ensure domestic fuel supply and stabilise the market.
Market regulators propose cutting fuel import tariffs to 0%
VOV.VN - The Ministry of Finance has proposed reducing the Most Favoured Nation (MFN) import tariff on several petroleum products and input materials to 0% in response to potential global supply disruptions.
Five firms win auction for US$10m sugar import quotas
Five businesses have won the right to import a total of 100,000 tonnes of sugar worth VND250 billion (US$10 million), following an auction held by the Ministry of Industry and Trade (MoIT) for the 2025 sugar import tariff quotas on October 20.
Plan issued for implementing Vietnam–Laos trade agreement
Deputy Prime Minister Bui Thanh Son has signed Decision No.2160/QD-TTg, promulgating a plan to implement the Trade Agreement between the governments of Vietnam and Laos.
Auto enterprises to enjoy preferential import tariff policies
The Government has issued Decree No. 199/2025/ND-CP dated July 8, 2025, amending and supplementing Decree No. 26/2023/ND-CP on the export and preferential import tariff schedules, as well as the lists of goods subject to absolute tax, mixed tax, and out-of-quota import duties.
MoIT seeks feedback on import tariff quotas for Cambodian rice and tobacco
The Ministry of Industry and Trade (MoIT) is currently soliciting public feedback on a draft circular regulating import tariff quotas for dried tobacco leaves and rice originating from Cambodia for the 2025–26 period.
Vietnam cuts LNG import tariff to boost clean energy transition
The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy.
US farm produce to Vietnam will rise with import tariff cut
A wide range of US agricultural products will soon enter the Vietnamese market at more competitive prices, following a significant reduction in import tariffs which took effect on March 31, 2025.