Vietnamese customs authorities utilize the Transaction Value method as the primary assessment tool. All importers are required to submit a customs declaration through the National Single Window (NSW) portal.
Vietnam Import Tax 2024 Rate Examples: HS Code and Trade Agreement Impact
The specific rate applicable to a product depends on its Harmonized System (HS) code, its country of origin, and any active trade agreements Vietnam has signed. Registration and Compliance Requirements To legally import goods into Vietnam, a company must obtain a license or registration from the Ministry of Planning and Investment (MPI).
Key Tax Components and Additional Fees When calculating the total cost of bringing goods into Vietnam, businesses must look beyond the basic import duty. The country maintains a structured customs framework designed to protect local industries while generating revenue for national development.
Vietnam Import Tax 2024 Rate Examples
If this value cannot be determined, customs officials will apply alternative methods, such as the Transaction Value of Identical Goods or Computed Value. These charges are applied sequentially, making accurate calculation critical for financial planning.
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