The Prime Minister has given the “green light” for a project on management of imports in compliance with international commitments until 2020.
Accordingly, Vietnam will maintain and optimise tariff and non-tariff measures in line with its commitments to the World Trade Organisation (WTO) as well as bilateral and multilateral free trade agreements (FTAs).
The country will increase the use of non-tariff measures, regulations on technical barriers to trade (TBT), and apply sanitary and phytosanitary (SPS) measures, whilst building a Law on foreign trade management to facilitate business activities.
At the same time, Vietnam will often review, supplement and remove unnecessary administrative procedures to guarantee national order and security, food and transport safety, environmental protection and public health.
The project includes concrete measures to improve import management, such as utilising import and environmental protection taxes to support domestic production and improve competitiveness.
A roadmap for the removal of import taxes on commodities originating from FTA member states should also be applied.-VNA
