Recently, the Ministry of Finance has completed the draft decree amending and supplementing Decree 125/2017. An interesting issue is that the Ministry of Finance has decided not to raise the common preferential import tax (MFN) on hot rolled steel (HRC) at the moment.
Previously, the Ministry of Finance proposed raising the import tax (MFN) of HRC from 0% to 5% to limit the sudden increase in the amount of HRC imported from China to Vietnam.....
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