Vietnam to raise import duty on non-essential commodities
VNEconomyNews.com - Vietnam will raise taxes on some imported commodities in order to curb inflation. The Ministry of Finance plans to raise import duty on some commodities from around 5-10 percent. These commodities are not essential import items.
Duty on items like printing machines will rise by 5 % from 0%, tobacco will rise to 50 % and band magnetic for making films will rise to 15% from 10%.