The Vietnam Trade Office in Australia has just released its February 2017 newsletter.

Topics in the newsletter include:

  • Viet Nam’s Trade Ministry Urges Australia to Lift Ban on Shrimp Imports
  • Australia’s Trade with Viet Nam in 2016
  • Australian state (NSW) invites Vietnamese investors
  • ASEAN village shines at Australian multicultural festival
  • Understanding Viet Nam’s Import and Export Regulations
    • Import and Export Licensing Procedures
    • Import/Export Duties *
    • Imports
    • Exports
    • Tax exempt goods
    • Tax Calculation

Note

Vietnam is a signatory of AANZFTA, the ASEAN-Australia-New Zealand Free Trade Agreement. Already, significant benefits from this agreement which was signed off in 2010 have started flowing through. Australian sales of wheat to Vietnam, for example, increased by 44 per cent in 2016 due, in part, to the removal of a 5 per cent tariff under AANZFTA.

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