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Vietnam will decrease customs rate of part commodity

Vietnam will decrease customs rate of part commodity

Write: Batyah [2011-05-20]

It is reported by Vietnam<> that to fulfill the acceptance to enter into WTO and ASEAN Trade Area, Vietnam will decrease the customs of gasoline, auto and textile. According to Vietnam's acceptance to WTO members, the average custom of Vietnam will decreased from 23.5% to 21%, import tariff will be decreased from 16.6% to 12.6%. Since Vietnam enter into WTO, the commodities with reduced customs in Vietnam include: woodwork, sheet, marine lives, material, garment, electric appliance, machine equipment etc.

According to AFTA, Vietnam agrees to decrease the customs of auto, motorcycle, gasoline etc.