This method is based on the price actually paid or payable for the goods when sold for export to Vietnam. The Ministry of Finance oversees the General Department of Vietnam Customs, which is responsible for enforcement and collection.
Customs Fees Vietnam 2024: Your Complete Import Guide
Trade Agreements and Preferential Rates Vietnam is a active participant in the global trading system, having ratified numerous free trade agreements (FTAs) that lower or eliminate tariffs on thousands of products. Common Goods and Typical Rate Examples.
The total landed cost includes several components that can significantly impact the final price. Importers are generally required to pay three main types of taxes: import duty, value-added tax (VAT), and special consumption tax.
Customs Fees Vietnam 2024: A Complete Import Guide
This system applies to a wide range of goods, from basic commodities to high-tech machinery. For example, the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have significantly reduced rates for exporters accessing the Vietnamese market.
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