ANNOUNCEMENT 13 Apr 2009In April 2009, the government of Viet Nam announced a change in import duties.
NUMBER OF INTERVENTIONS
Vietnamese Ministry of Finance. (15 April 2009). Adjustment on import tax for alloy steel to 10 %. To be obtained at
On 13 April 2009, the Ministry of Finance decided to raise the import tariff on several steel from 0% to 10%. This is the maximum tariff allowed under the nation's WTO commitments. This step was taken "in an effort to prevent from replacement construction steelwith low-taxed imported alloy steel."
The changes come into effect from 20 April 2009 and were codified in Circular No. 75/2009/TT-BTC. The tariff lines affected are 7227.90.00.00,7228.30.10.00, 7228.30.90.00, 7228.40.10.00, and 7228.40.90.00.
These tariff increases follow several steel-related tariff changes implemented in December 2008.