Imports of goods are subject to the standard rate of VAT in Vietnam (10%). The VAT becomes due at the time of customs declaration registration for the goods.
Most goods imported into Vietnam are subject to import duty and import VAT, except where they fulfil the conditions for exemption, such as goods imported for the production of subsequently exported goods under toll manufacturing or contract manufacturing arrangements, and goods imported to form fixed assets of incentivised investment projects (in this case import VAT is not exempted).
Import duty is computed on an ad valorem basis (ie by multiplying the imported good's dutiable
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Web page updated on 17 Mar 2025 17:25