ANNOUNCEMENT 05 Dec 2014In December 2014, the government of Vietnam announced a change in import duties.
NUMBER OF INTERVENTIONS
Circular No. 185/2014/TT-BTC
Amended Circular No. 164/2013/TT-BTC
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.