Ministry lowers tax on imported milk

24/10/2007 -- 11:27 AM

Ha Noi (VNA) – The Finance Ministry has temporarily lowered the import tax for imported dairy produce from between 10-15 percent to 3-5 percent. Its Decision 86/2007/QD-BTC reduces the import tax for unsweetened, uncondensed milk and cream to 5 percent. The tax for sweetened condensed or powdered milk and cream is now 3 percent. For buttermilk and yoghurt, the tax has been lowered from 10-15 percent to 7 percent. The ministry says the lower tax is intended to mitigate the negative effect of rising international prices on domestic consumption, production and investment. Last week, it reduced tariffs for fully-assembled cars from 70 to 60 percent and halved the import duty livestock fodder, steel and gas.-Enditem
Send this page	Print

Vietnamese consumers trust advertisers more (24/10/2007)

Ten months’ export value exceeds 39 billion USD (24/10/2007)

Viet Nam works to reduce world oil price impacts (24/10/2007)

RoK firm to work out planning for Cat Ba island (24/10/2007)

Tourism action programme for 2007-2012 period (24/10/2007)

Investment in southern resort to increase to 4 billion USD (24/10/2007)

SEAF helps young businesses in HCM City (24/10/2007)

Viet Nam-RoK two-way trade to double by 2010 (24/10/2007)

France to provide 32 mil. EUR for water programme (23/10/2007)

Real estate firm Vincom issues 1trillion VND in bonds (23/10/2007)