Minister of Finance Dinh Tien Dung has announced a tax exemption on the import of five commodity groups needed to fight the novel coronavirus in Vietnam.
Boxes of masks are loaded in Hanoi. From Februray 7, Vietnam will exempt import taxes for five commodity groups including masks to deal with the novel coronavirus. — Photo kenh14.vn
On February 7, Dũng signed Decision 155/QĐ-BTC with articles allowing import tax exemption on medical masks, hand sanitiser, mask materials, disinfectant and protective clothing.
The Ministry of Finance (MoF) assigned the General Department of Customs to direct and guide customs units to implement the tax exemption policy for imported goods to prevent and control the epidemic.
Customs offices will carry out customs clearance for goods in the groups and work with relevant agencies to inspect and ensure the importation is for the right purposes.
The groups of goods subject to the exemption include:
- Medical masks with international harmonised system (HS) codes of 6307.90.40 and 6307.90.90.
- Disinfectant gel or liquid hand sanitiser with HS code 3808.94.90.
- Mask materials include non-woven fabrics and antibacterial filters; elastic bands with the regulated HS codes.
- Disinfectants with HS codes of 3808.94.20 and 3808.94.90.
- Protective clothing including trousers, shirts, goggles, medical masks, helmets, gloves and shoes with HS code 6210.10.90.
The decision took effect from February 7, 2020 until the end of the epidemic. — VNS
A deputy governor of the State Bank of Vietnam has advised residents to limit the use of cash for payments and make more online transactions instead to prevent the spread of the Wuhan coronavirus, the local media reported.
The outbreak of the 2019 novel coronavirus (2019-nCoV) has affected Vietnam’s trade with not only China but also other markets, said Deputy Minister of Industry and Trade Do Thang Hai.