The Government of Vietnam has issued a decree to revise import tariffs under the ASEAN-Korea Free Trade Agreement (AKFTA) in the 2022-2027 period.

The Government has issued Decree 5/2024/ND-CP on special preferential import tariffs for Cambodian goods as part of the implementation of the Vietnam-Cambodia trade promotion agreement for the 2023-2024 period.

Vietnam would import 71,835 tonnes of raw tobacco under tariff quota for 2024 set in a freshly issued circular by the Ministry of Industry and Trade (MoIT).

The European Union (EU) has decided to extend tariffs and quotas on various types of steel imports from Vietnam until the end of June 2024.

VOV.VN - Vietnam’s sugar production was estimated to be roughly 750,000 tonnes during the 2021 - 2022 crop, an increase of 8.3% compared to the previous crop, although this rise has yet to sufficiently meet domestic market demand.

The Ministry of Industry and Trade (MOIT) will auction an additional import tariff quota for 200,000 tons of sugar for the crop year 2021-2022.

The Finance Ministry always offers all possible support to firms, especially distributors and retailers, to ensure stable petrol supplies, thus stimulating production-business and daily activities, said Minister Ho Duc Phoc.

The National Assembly (NA) Standing Committee on March 23 passed the resolution on environmental protection tax rates on petroleum, oil and lubricants, which will take effect from April 1 till December 31, 2022.

The EU-Vietnam Free Trade Agreement (EVFTA) going into effect has given an extra push for Vietnamese goods into the Swedish market as import tariff cut heightens their competitiveness, Diep Van Ty, chairman of the Vietnamese trade association in Sweden, has said.

VOV.VN - Russia’s pork exports to the nation endured an annual drop of 39% in November due to the country’s abundant domestic supply and growing competition from the United States, according to the Russia Federal Center for the Development of Export of Agricultural Products (Agroexport).