ANT Lawyers – a new Tax regulation in Vietnam has been issued by the Ministry of Finance. In particular, to ensure stable prices for petro products import, the Ministry of Finance instituted a new import tax adjustment in its recent Circular 70/2013/TT-BTC. After three consecutive increases in import tax rates (12% up to 19%), the Ministry has decreased the import tax by 1% to stabilize commodity prices, especially gasoline engine products. Tetrapropylen, solvents, naphtha and reformat, as well as other compounds for petrol production will be included in the 1% import tax reduction from 19% to 18%.
The Circular took effect on May 23, 2012, amending Circular 58/2013/TT-BTC.
ANT Lawyers
Your lawyers in Vietnam
The Vietnamese Government has issued Resolution No. 66.23/2026/NQ-CP, dated July 24, 2026, introducing temporary special…
On July 28, 2026, the Prime Minister issued Decision 1415/QĐ-TTg, which approves the National Program…
A construction payment dispute in Vietnam often becomes visible when a contractor submits a progress…
On July 27, 2026, The Vietnam Ministry of Industry and Trade (MOIT) issued Decision No.…
EPC contract review in Vietnam should happen before the foreign contractor signs, mobilizes people, or…
Malaysia has opened an anti-dumping investigation on aluminium zinc coated steel products originating in or…
This website uses cookies.