ANNOUNCEMENT 06 Jan 2015In January 2015, the government of Vietnam announced a change in import duties.
NUMBER OF INTERVENTIONS
On 6 January 2015, Vietnam issued Circular No. 03/2015/TT-BTC increasing the import tariff on specified petroleum products under HS 2710. The tariffs had recently been increased in December 2014 as well.
The tariff on most motor oils under HS 2710.12 have been increased from 27% to 35% , diesel fuel under HS 2710.19 from 23% to 30%, fuel oil under HS 2710.19 from 24% to 35%, other kerosene oils under HS 2710.19 from 26% to 35%, Aviation spirit under HS 2710.12 was increased from 20% to 25% and aviation turbine fuel under HS 2710.19 from 20% to 25%.
These tariffs were reduced in April 2015 (see related measure).