Tariffs cut for Japanese imports
![]() | Vietnam tariffs for ASEAN imports go into effect |
![]() | Special preferential import tariffs for goods imported from Laos |
![]() | New-generation FTAs: opportunities and challenges |
![]() |
Among ASEAN member countries, Japan had poured the largest amount of investment into Vietnam. |
Decree No 125/2016/NĐ-CP, which was issued on September 1 and came into effect the same day, states that the tariff is to be applied for goods directly transported from Japan into Vietnam.
Accordingly, the duty for lip and eye make-up products of Japanese exporters will fall from 11% to 4% by the end of March 2019.
The duty will decline from 4-7% to 1-3% for shampoo and from 8-15% to 3-11% for toothpaste.
Tax rates for clothes and accessories for children will be cut from 5.5% to 2% and the rates for blanket, bedspreads and table covers will decline to 1% from 3%.
Several goods such as vitamin, weed killers and emergency aid toolkits will continue to enjoy a zero% import tax rate.
Special treatment is also given to Vietnam, in case goods listed under the tariff are imported from non-tariff zones into the domestic market.
Goods must also meet origin regulations, as stated in the agreement, and exporters are to have certificates of origin, in a form stipulated by the Ministry of Industry and Trade.
VJEPA was the first bilateral free trade agreement that Vietnam entered into after the country joined the World Trade Organisation in January 2007.
The agreement covers comprehensive contents, including trade in goods and services, investment and improvement of the business environment.
When VJEPA came into effect in October 2009, Vietnam committed to eliminate some 90.6% of tariff lines for Japan within 16 years, while Japan pledged to eliminate some 94% of tariff lines for Vietnam within 10 years.
Kyohei Takahashi, president of the Japan-Vietnam Economic Committee, said while its working group met Vietnam’s senior leaders in Hà Nội late last month that trade between the two countries had quadrupled since the agreement came into effect.
Among ASEAN member countries, Japan had poured the largest amount of investment into Vietnam, he added.
Earlier this year, a survey conducted by the Japan Business Federation, or Keidanren, showed that Vietnam topped the list of countries where Japanese firms intend to invest in the next five to 10 years.
Decrees carrying new tariffs for several other trade deals, including the ASEAN Trade in Goods Agreement and an agreement between Vietnam and Laos, have also come into force this month.
![]() | Japan eyes TPP investment in Vietnam agriculture Japanese agricultural businesses are making a beeline for Việt Nam since the Trans-Pacific Partnership (TPP) is set ... |
New tariffs for ASEAN-India, ASEAN-Australia-New Zealand, ASEAN-China and ASEAN-South Korea trade deals are also available.
Related News

Spending US$380 billion for imports, China accounts for 38% of country's imports
17:03 | 26/01/2025 Import-Export

“Give and Take” in the Value Chain of the CPTPP Market
09:30 | 20/12/2024 Import-Export

Customs tightens oversight on e-commerce imports
13:39 | 04/12/2024 Regulations

Ho Chi Minh City Customs: Timely detection of many cases of false declaration in import documents
13:42 | 03/12/2024 Anti-Smuggling
Latest News

Consulting on customs control for e-commerce imports and exports
14:50 | 14/02/2025 Regulations

Flexible tax policy to propel Việt Nam’s economic growth in 2025
14:14 | 06/02/2025 Regulations

Brandnew e-commerce law to address policy gaps
18:44 | 29/01/2025 Regulations

From January 1, 2025: 13 product codes increase export tax to 20%
14:23 | 29/12/2024 Regulations
More News

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025
13:46 | 28/12/2024 Regulations

Proposal to reduce 30% of land rent in 2024
14:58 | 25/12/2024 Regulations

Resolve problems related to tax procedures and policies for businesses
13:54 | 22/12/2024 Regulations

New regulations on procurement, exploitation, and leasing of public assets
09:17 | 15/12/2024 Regulations

Actively listening to the voice of the business community
09:39 | 12/12/2024 Customs

Step up negotiations on customs commitments within the FTA framework
09:44 | 08/12/2024 Regulations

Proposal to amend regulations on goods circulation
13:45 | 06/12/2024 Regulations

Review of VAT exemptions for imported machinery and equipment
10:31 | 05/12/2024 Regulations

Bringing practical experience into customs management policy
13:48 | 03/12/2024 Regulations
Your care

Consulting on customs control for e-commerce imports and exports
14:50 | 14/02/2025 Regulations

Flexible tax policy to propel Việt Nam’s economic growth in 2025
14:14 | 06/02/2025 Regulations

Brandnew e-commerce law to address policy gaps
18:44 | 29/01/2025 Regulations

From January 1, 2025: 13 product codes increase export tax to 20%
14:23 | 29/12/2024 Regulations

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025
13:46 | 28/12/2024 Regulations