Tax exemption for goods imported into VN by four airlines
12:08 | 27/04/2018

VGP – Deputy Prime Minister Vuong Dinh Hue has approved the Ministry of Finance (MOF)’s proposal on the tax exemptions for goods imported into Viet Nam by the four airlines, namely Hong Kong Dragon, Cathay Pacific Airways Limited, Federal Express Corporation and Japan Airlines, in line with international treaties.

The deputy PM assigns the MOF to deal with specific formalities and direct customs agencies to closely monitor and manage the imports and use of duty-free goods of the three aforementioned carriers for the right purposes and subjects.

According to the deputy PM’s direction, the imports and use of duty-free goods of Cathay Pacific Airways Limited must serve the right purposes and subjects as prescribed in Article 8 of the air transport agreement signed between the Vietnamese Government and the authorities of the Hong Kong Special Administrative Region on September 10, 1999; Article 9 of the air transport agreement signed between Viet Nam and the US on April 14, 2004, as for goods of Federal Express Corporation; and Article 5 of the air service arrangement signed between Viet Nam and Japan on May 23, 1994 as for duty-free goods of Japan Airlines.

Earlier, the deputy PM also approved the exemption of tariffs for goods imported by Singapore Airlines.

The Vietnamese Government has recently approved the content of the draft ASEAN-Hong Kong (China) Investment Agreement, while assigning the Minister of Industry and Trade to sign the aforementioned deal.

                                                                                                                     By Vien Nhu

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