Vietnam to impose 5% export tax on steel billets and cut import tax on some steel products
2021-07-15 11:20:36 [Print]
Vietnam plans to impose a 5% export tax on steel billets and cut the import tax on some steel products, the government said on July 14. The move is aimed at easing domestic steel prices to help firms cut costs, the government said in a statement.
The import tax on some steel products, including construction steel products, would be reduced to 10%-15% from a range of 15%-25%, the statement said.
The import tax on some steel products, including construction steel products, would be reduced to 10%-15% from a range of 15%-25%, the statement said.
