Vietnam: MOIT Maintains Safeguard Import Tariff on Refined Veg Oil
On August 10, 2015, the Vietnamese Government (GVN) released Decision 8287/QD-BCT regarding the announcement of the midterm review of the application of official safeguard duties on refined soy and palm oil imports. The safeguard measures increase the import tariff on refined soy and palm oil products, aiming to help domestic refiners in response to an official request from domestic producers. Decision 8287 states that additional import duties will be applied and lowered over time, falling to 0 on May 8, 2017.
Vietnam: MOIT Maintains Safeguard Import Tariff on Refined Veg Oil