Imports to be Classified into Four Categories Starting Aug. 22 - Vietnam Briefing News
Aug. 16 – Beginning August 22, Vietnam Customs will group imports under four categories following Decision 1807/QĐ-TCHQ.
Authorities will include documents, trade vouchers, goods enjoying exemption preferences, and duty-free treatment in the first category while the second category will include taxable imports worth up to VND1 million in registration value. These categories will not be required to undergo a customs check.
The third category will cover taxable imports with value between VND1 million to VND10 million and the fourth category are commodities subjected to special management, conditional imports, taxable imports worth more than VND10 million as well as goods required to undergo compulsory inspection.