Vietnam‘s customs department has instructed its offices around the country to adopt preferential import tariffs dictated by WTO rules as of January 11 when the country became a WTO member.
The average tax will be gradually lowered on all items to 13.4 percent in 5-7 years.
It will begin this year with cuts on a third of the total 10,600 tariff lines, mainly those with tariffs rates of more than 30 percent now.