LG VINA COSMETICS
In the past two days, November 16 and 17, Kocham’s members represented LG VINA to arrive and present personal care products with a total value of nearly 500 million VND to the Vietnam Fatherland Front Committee of the provinces of Dong Nai and Long An so that they will offer to local people. [...] Charity gift July 2025
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hot sales DOP phthalate from Vietnam | Factory Supply DOP
LG Vina asks Hanoi to tax DOP imports | ICIS. 28/8/1998 · HO CHI MINH CITY (CNI)--Vietnam's sole dioctyl phthalate (DOP) producer, LG Vina, a 50:50 joint venture between South Korea's LG Chemicals and state-owned Vinachem, is seeking Hanoi's imposition of 10% import duty on rival imports. Get Inquiry
Sharing 25 practical situation of foreign contractor tax
The Contractor Tax is very complicated, so it is often difficult to understand and apply it to businesses in Vietnam. The offshore payment transactions often have many potential risks for foreign Contractor Tax and can lead to retrospective payments when subjected to tax inspection and examination. This seminar is organized to share practical experiences about
- How much money does Vietnam import in 2023?
- Given Vietnam’s population of 100.3 million people, its total $335.1 billion in 2023 imports translates to roughly $3,300 in yearly product demand from every person in the East Asian country. That dollar metric lags the average $3,700 per capita one year earlier in 2022.
- How much tax does Vietnam impose on imported goods?
- This means that the importer will have to pay $1,500 in customs duties for that specific commodity. In addition to customs duties, Vietnam imposes three other types of taxes on imported goods: Value Added Tax (VAT), Special Consumption Tax (SCT) and Environmental Protection Tax ( FTE).
- Can a foreign trader import a commodity into Vietnam?
- Decree 90/2007/ND-CP allows foreign traders without a presence in Vietnam to directly import and export. Foreign traders without a presence in Vietnam can import commodities into Vietnam to sell to traders who have a license to distribute commodities locally.
- How much did Vietnam spend on imports in 2022?
- Year over year, Vietnam’s spending on imports fell by -6.6% compared to $358.8 billion starting from one year earlier for 2022. Based on the average exchange rate for 2023, the Vietnamese dong depreciated by -3.2% against the US dollar since 2019 and diluted by -2.2% from 2022 to 2023.
- What products are exempt from VAT in Vietnam?
- Certain categories of goods and services are exempt from VAT in Vietnam. These exemptions are mostly intended to encourage the consumption of essential products, to promote certain industries or to support social initiatives. Among the products exempt from VAT in Vietnam, we can mention: Books and newspapers.
- Can foreign companies import pharmaceutical products into Vietnam?
- Decree 54/2017/ND-CP allows foreign-invested companies to import pharmaceutical products into Vietnam, but they can sell only to wholesalers, which must be registered with the Ministry of Health. This decision highlights the importance Vietnam places on maintaining control over essential sectors such as healthcare.
