IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Feb 2010 | Removal date: open ended
Still in force

Export tax

In April 2009 the Ministry of Finance of Vietnam decided to grant export tax exemption on wood planks. Under the new regulation exporters of wood planks no more than 100mm wide and 30mm thick do not need to pay the 10 per cent tax.
 
The measure was introduced in order to support the export of planks and woodwork products, which experienced a significant decline in the global economic crisis of 22.9 per cent year-to-year. 
 
On 12 February 2010 the export tax exemption was extended to boards with a width of 400 mm or less and a thickness of 30 mm or less.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

311 Wood, sawn or chipped lengthwise, sliced or peeled, of a thickness exceeding 6 mm; railway or tramway sleepers (cross-ties) of wood, not impregnated
4407 Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm.
440710 Coniferous
440729 Other
440799 Other

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