ANNOUNCEMENT 01 Jan 2011

In January 2011, the government of Viet Nam announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



WTO. (September 2011). REPORT TO THE TPRB FROM THE DIRECTOR-GENERAL ON TRADE-RELATED DEVELOPMENTS (WT/TPR/OV/W/5/Rev.1). Available at http://www.wto.org/english/news_e/sppl_e/sppl196_e.htm
Thanh Nien, December 16, 2013, "Vietnam to scrap export duty on gold jewelry": http://www.thanhniennews.com/index/pages/20131216-vietnam-to-eliminate-export-duties-on-gold-jewelry-2014.aspx


Inception date: 01 Jan 2011 | Removal date: open ended
Still in force

Export tax

As confirmed by the Permanent Delegation of Viet Nam to the WTO, the government of Viet Nam has increased export duties on jewellery and gold from zero to 10 percent.
 
The new export duty came into effect on 1 January 2011.
 
Update January 9, 2014:
 
In December 2013, it was reported that Viet Nam was to gradually reduce these duties to 2 percent (see here). The government has, however, not mentioned any specific date.

AFFECTED SECTORS