Decree 125 stipulated the Vietnam’s preferential import tariff in particular to implement the Vietnam – Japan agreement on economic partnership in the period 2016 -2019 and the conditions for enjoying this preferential import tariff under this agreement. The Decree is issued by the Vietnam Government.
Decree 125 includes 7 specific provisions: the scope of regulation, subjects of application, the preferential import tariff tables, conditions for applying the preferential import tariff, goods from the duty free area of Vietnam, validity and responsible for implementation.
Issued together with this Decree is a long list of goods and commodities with specific tax rates.
Decree 125 comes into effect from September 1st 2016. Along with this issuance is the abolition of Circular 25/2015/TT-BTC dated February 14th 2015 issued the preferential import tariff tables of Vietnam in particular to implement the agreement between Vietnam and Japan on economic partnership in the period 2015 – 2019.
Foreign suppliers considering public contracts in Vietnam need to know whether the buyer can accept…
Choosing an industrial cluster for a factory involves more than comparing rent, transport costs, and…
Trade remedies are one of the legal and commercial risks foreign exporters should consider when…
A company doing business in Vietnam that uses transport and logistics services needs to know…
Companies that collect, store, or share data in Vietnam should check how they handle it…
For an overseas business selling goods to Vietnam, international trade law in Vietnam affects whether…
This website uses cookies.