On May 21st,  2021, the Government issued Decree 53/2021/ND-CP on preferential export tariff Vietnam’s special preferential export tariff schedule for the implementation of the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom of Great Britain and Northern Ireland in the 2021-2021 period.

Accordingly, this Decree stipulates the conditions for applying preferential export tax rates and special preferential export tax rates under the UKVFTA Agreement, specifically as follows:

1. Preferential export tax rates

Exported goods from Vietnam to apply the preferential export tax rates specified in Appendix I to this Decree must satisfy the following conditions:

• They are imported to the United Kingdom of Great Britain and Northern Ireland.
• They are supported by transport documents (copies) on which the country of destination is the United Kingdom of Great Britain and Northern Ireland.
• There are import declarations proving that goods are exported from Vietnam to the United Kingdom of Great Britain (copy and translation in English or Vietnamese in case the language used on the declaration is not English).

2. Special preferential export tax rates

Imported goods eligible for special preferential import tax rates under the UKVFTA Agreement must fully satisfy the following conditions:

• They are included in the special preferential import tariff schedule in Appendix II enclosed herewith.
• They are imported to Vietnam from:

1. a) The United Kingdom of Great Britain and Northern Ireland; or
2. b) The Socialist Republic of Vietnam (goods imported from free trade zones to the domestic market).

• Meet the regulations on origin of goods and have proof of origin according to the provisions of the UKVFTA Agreement.

This Decree takes effect from the date of issue.