The Ministry of Industry and Trade has issued a circular
on 2012 import quotas, saying that goods imported from Laos will be taxed at
zero percent.
Under the circular, the import
rate of zero percent will be applied to commodities of Lao origin, including
rice of various kinds and tobacco leaves.
In addition, imported goods
should have a certificate of origin (C/O), issued by an authorised office of
the Laos People's Democratic Republic and customs procedures cleared at border
gates.
At the same time, Vietnamese
entrepreneurs are allowed to import rice and paddy products under import
quotas. For importers of tobacco leaves, they must have a license granted with
quotas by the MoIT.
The circular will take effect
as of January 1, 2012.
VNA
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