Decree No.53/2021/ND-CP on Vietnam’s Preferential Tariff to implement the UKVFTA Agreement for the 2021-2022 period

26/05/2021    107

Date: 21/05/2021

By: Government of Vietnam

On May 21, 2021, the Government of Vietnam promulgated Decree 53/2021/ND-CP on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the UKVFTA Agreement for the 2021-2022 period

Accordingly, promulgated together with Decree 53/2021:

Appendix I of Decree 53/2021/ND-CP stipulates the preferential export tariff of Vietnam to implement the UKVFTA: including code and description of goods, preferential export tax rates according to stages when exporting to the United Kingdom of Great Britain and Northern Ireland for each product code; 

Appendix II of Decree 53/2021/ND-CP stipulates the special preferential import tariff of Vietnam to implement the UKVFTA: including code and description of goods, special preferential import tariff according to stages when importing into Vietnam from the territories specified at Point b, Clause 3, Article 5 of this Decree for each product code. 

Decree 53/2021/ND-CP came into effect from May 21st, 2021.

The Decree (Vietnamese) is attached below: