Dear Valued Client,

On May 21, 2021, the Government issued the Decree No. 53/2021/ND-CP on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the UKVFTA Agreement for the 2021-2022 period.  

Accordingly, documents promulgated together with Decree 53/2021/ND-CP are:  

– Vietnam’s preferential export tariff schedule for the implementation of the UKVFTA Agreement (Appendix I) includes:  Code, description of goods, preferential export tax rates in stages when exporting to the United Kingdom of Great Britain and Northern Ireland for each product code

– Vietnam’s special preferential import tariff schedule for the implementation of the UKVFTA Agreement (Appendix II) includes:  HS codes, descriptions, and special preferential import tax rates according to stages are imported into Vietnam from the following territories for each HS code:  

+ United Kingdom of Great Britain and Northern Ireland;  

+ Socialist Republic of Vietnam (Goods imported from non-tariff zones into the domestic market).  

Decree 53/2021/ND-CP takes effect from May 21, 2021.

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