Vietnam imposes zero tariff on imports of key machinery and equipment

According to a report by the Vietnamese "Labor" on January 10, on the 9th, the Ministry of Finance of Vietnam stated that according to the instructions of the government's prime minister on assisting the development of key machinery products, the ministry has promulgated regulations concerning the production of key mechanical products and services to invest in production of key machinery. Product items and imported equipment and supplies are subject to zero tariff. This rule will take effect from February 12.

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