Vietnam Drops Import Taxes, VAT for COVID-19 Prevention Goods

Vietnam exempted imports serving COVID-19 prevention and control purposes from import duties and value-added taxes, the state-run CustomsNews said Sept. 17. Deputy Prime Minister Le Minh Khai signed Resolution 106 Sept. 11 updating the tax policy change following a Ministry of Finance recommendation, the report said. The General Department of Vietnam Customs requests that importers contact Customs for instructions “on the quick customs clearance” of any goods subject to this change, CustomsNews said.