The Government has recently issued Decree No.39/2020/ND-CP on a list of Vietnam’s special preferential import tariffs to implement the Vietnam – Cuba Free Trade Agreement from now until 2023.

Accordingly, goods subject to the special preferential tax rates must be imported and directly transported to Vietnam from Cuba in compliance with the trade deal.

They must meet rules of origin as stipulated in the agreement and be accompanied with certificates of origin (C/O).

Goods imported from Vietnam’s non-tariff areas are also subject to the preferential tariffs if they satisfy these requirements.

The decree will become effective from May 20./.

Source: Vietnam Plus

The Decree (in Vietnamese) is attached below.

• bieu-thue-nk-uu-dai-dac-biet-viet-nam--cuba.pdf

• Decree No.114/2022/ND-CP on Special Preferential Import Tariffs for implementation of the Vietnam-Cuba trade agreement (2022 – 2027)
• Vietnam - Cuba Trade Agreement
• Agreement on Commercial Exchange and Other Forms of Economic Cooperation between Cuba and Vietnam
• Agreement on the Promotion and Protection of Investment between Vietnam and Cuba