IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 06 Dec 2014 | Removal date: 05 Jan 2015

Import tariff

 On 5 December 2014, Vietnam issued Circular No. 185/2014/TT-BTC increasing the import tariff on certain petroleum products under HS 2710. The tariff on most motor oils under HS 2710.12 have been increased from 18% to 27% , diesel fuel under HS 2710.19 from 14% to 23%, fuel oil under HS 2710.19 from 15% to 24% and other kerosene oils under HS 2710.19 from 16% to 26%.
 
The measure was replaced by a further intervention in January 2015.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

333 Petroleum oils & oils of bituminous materials, other than crude
2710 Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con
271012 Light oils and preparations
271019 Other

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