Export and Import Export At present, the Government of Vietnam particularly encourages the production and exportation of labor-intensive products, including agricultural produce, seafood, textiles and garments, leather goods and footwear, and handicrafts. Most of the country's export goods now enjoy a tax rate of 0 percent. Currently, only 12 export products are subject to tax ranging up to 5 percent. Import Vietnam gives priority to the importation of materials and equipment, as well as high technology and advanced production processes, required for industrialization and modernization. Consumer goods, especially luxury items and materials that can be supplied locally, are normally subject to high import duties. Capital goods and materials, particularly those are not yet being produced in Vietnam, enjoy lower or even zero rates. Materials and supplies imported for production of exports and goods in transit through Vietnam are exempt from import duty. Goods for use in scientific research or study and humanitarian goods may also be imported tax-free. In general, import tax has been substantially reduced, and this trend is expected to continue. Approximately 52 percent of tariff lines are now between 0 and 5 percent. Additional preferential taxes and/or tax reduction or exemption may be granted to companies producing exports and/or export goods. Business Advisor Guidelines | Taxes/Rates | Export/Import | Laws | Offices | Forex | IP/Copyright