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Vietnam Extends Laos Preferential Import Duty Scheme
Vietnam’s Ministry of Finance has issued a communication extending the agreement to provide preferential duty rates on certain imports from Laos for a further year to December 31, 2013.
The provisions of its Circular No 36/2012/TT-BTC, dated March 2 last year, which provided a 50% deduction in, or an exemption from, import duties for selected goods imported into Vietnam from Laos, are to be continued to be applied from January 1, 2013 to the end of the year.
