Proposal for Vietnam - Cambodia special preferential import tariff schedule for the period 2025 - 2026

(Chinhphu.vn) - The Ministry of Finance is drafting a Decree on Vietnam's special preferential import tariff schedule to implement the Agreement on promoting bilateral trade between the Government of the Socialist Republic of Vietnam and the Government of the Kingdom of Cambodia for the period 2025 - 2026.

Ministry of Finance proposes special preferential import tariff schedule between Vietnam and Cambodia for the period 2025 - 2026

The Ministry of Finance said that Vietnam and Cambodia have signed and implemented the Agreements in the following periods: 2006 - 2007, 2010 - 2011, 2012 - 2013, 2014 - 2015, 2016 - 2017, 2019 - 2020, 2021 - 2022, 2023 - 2024. On March 20, 2025, the Government issued Resolution No. 55/NQ-CP on signing the Agreement to promote bilateral trade between Vietnam and Cambodia for the period 2025 - 2026. On April 28, 2025, the Ministry of Industry and Trade signed with the Cambodian side the Agreement to promote bilateral trade between the Government of the Socialist Republic of Vietnam and the Government of the Kingdom of Cambodia for the period 2025 - 2026. According to the provisions of the Law on Bilateral Trade Promotion between Vietnam and Cambodia, the Ministry of Industry and Trade has signed with the Cambodian side the Agreement to promote bilateral trade between the Government of the Socialist Republic of Vietnam and the Government of the Kingdom of Cambodia for the period 2025 - 2026. As provided in Articles 11 and 13 of the Agreement, the Agreement shall come into force on the date of signing and expire on December 31, 2026.

In the period of 2023 - 2024, to implement Vietnam's commitment on import tax in the Agreement, the Government issued Decree No. 05/2024/ND-CP dated January 24, 2024 on Vietnam's special preferential import tariff to implement the Agreement on promoting bilateral trade between the Government of the Socialist Republic of Vietnam and the Government of the Kingdom of Cambodia for the period of 2023 - 2024. According to the provisions of Clause 1, Article 6 of this Decree, the Decree is effective until December 31, 2024. To date, the above Decree has expired.

In order to comply with Vietnam's commitments in signed international treaties, Vietnam needs to issue a Decree regulating Vietnam's special preferential import tariff to implement the Agreement on promoting bilateral trade between the Government of the Socialist Republic of Vietnam and the Government of the Kingdom of Cambodia for the period 2025 - 2026.

Tariff schedule of 28 product lines enjoying special preferential tax rates

The Draft Decree on Vietnam's Special Preferential Import Tariff Schedule to Implement the Vietnam-Cambodia Bilateral Trade Promotion Agreement for the 2025-2026 Period is developed on the basis of inheriting the provisions of Decree No. 05/2024/ND-CP dated January 24, 2024 on Tariff Schedule to Implement the Vietnam-Cambodia Bilateral Trade Promotion Agreement for the 2023-2024 Period.

According to the draft, issued with this Decree are 01 Tariff Schedule and 02 corresponding Lists in 03 appendices:

Appendix I stipulates the list of goods subject to Vietnam's special preferential import tax rate of 0% for goods originating from the Kingdom of Cambodia corresponding to the goods in Appendix I of the Vietnam - Cambodia Agreement (including unprocessed rice, tobacco, and tobacco scraps within the quota quantity specified in Articles 3 and 4 of the Agreement). Appendix I includes 28 lines of goods, narrowing 01 line of goods compared to Decree 05/2024/ND-CP dated January 24, 2024 (removing 01 item, which is pork, packaged in airtight packaging for retail sale with HS code 1602.10.10, from the Cambodia preferential import tax rate schedule in the Vietnam - Cambodia Agreement for the period 2025 - 2026 because the tax rate of this item has returned to 0% under the ATIGA Agreement).

Appendix II, regulating the list of imported goods under Vietnam's tariff quota: in accordance with the provisions of Articles 3 and 4 of the Agreement on goods (rice, unprocessed tobacco leaves, tobacco waste) and quantity, conversion rate. Appendix II includes 15 lines of goods, similar to Decree 05/2024/ND-CP dated January 24, 2024.

Appendix III, list of pairs of border gates permitted to clear goods enjoying special incentives: this provision in the Decree is consistent with the provisions in Appendix III of the Agreement.

Conditions for applying special preferential import tax rates

According to the draft, imported goods subject to Vietnam's special preferential import tax rates to implement the Vietnam - Cambodia Agreement for the 2025-2026 period must meet the following conditions:

1. Belonging to the Special Preferential Import Tariff to implement the Vietnam - Cambodia Agreement for the period 2025-2026 in Appendix I issued with the Decree.

2. Have a Certificate of Origin form S (C/O form S) issued by a competent authority of the Kingdom of Cambodia.

3. Customs clearance through the pairs of border gates stated in Appendix III issued with the Decree.

Please read the full draft and give your comments here.

Wisdom

 

Source: https://baochinhphu.vn/de-xuat-bieu-thue-nhap-khau-uu-dai-dac-biet-viet-nam-campuchia-giai-doan-2025-2026-102250725170048139.htm