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.