New regulation of Vietnam on the conditions for applying special preferential export tariff rates under the CPTPP Agreement.

Vo Ngoc Nhi

17:30, 06/01/2023

On December 30, 2022, the Government of Vietnam promulgated Decree No. 115/2022/ND-CP on Vietnam’s preferential export tariff schedule and special preferential import tariff schedule for the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership 2022-2027.

Application of Form of Bid Documents for Consulting Services Under the Scope of CPTPP, EVFTA in Vietnam / Instructions for handling bidding documents on consultancy service under the CPTPP and EVFTA Agreement in which the bids will be opened before November 20, 2022

According to the Decree, conditions for applying special preferential export tariff rates under the CPTPP Agreement are as follows:

Imports will be eligible for the special preferential import tariff under the CPTPP Agreement if:

- They are included in the special preferential import tariff schedule or the list of goods and special preferential import tariff rates for used cars subject to tariff-rate quotas of Vietnam for the implementation of the CPTPP Agreement prescribed in Appendix II of Decree No. 115/2022/ND-CP.

- They are imported into Vietnam from member countries under the CPTPP Agreement, including:

+ Australia;

+ Canada;

+ Japan;

+ United Mexican States;

+ New Zealand;

+ Republic of Singapore;

+ Republic of Peru.

- They satisfy regulations on the origin of goods and have documents proving the origin of goods under the CPTPP Agreement.

Decree No. 115/2022/ND-CP comes into force as of December 30, 2022 and replaces Decree No. 57/2019/ND-CP and Decree No. 21/2022/ND-CP.

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