Updated Import Duty on functional food from ASEAN to Vietnam
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Updated Import Duty of functional food from ASEAN to Vietnam
HP Global – Provide shipping services, customs declaration services and export/import permits in Vietnam – Contact for advice: ++84 984870199
Vietnam and ASEAN countries grant each other most-favored nation treatment on MFN trade.
Vietnam and ASEAN countries are members of the the ASEAN Trade In Goods Agreement (ATIGA) and the Regional Comprehensive Economic Partnership (RCEP).
When importing functional food from ASEAN countries to Vietnam, the importer needs to pay:
- Value-added tax (VAT)
- Special preferential import Duty under FTA or Preferential Import Duty
=> For more details about VAT and Preferential import Duty, please read more in the following article: Import Procedure Of Food Supplement Into Vietnam
Special preferential import duty on functional food from ASEAN – ATIGA
HS Code | Description of comodity | Special preferential import duty – ATIGA (%) | |||
2024 | 2025 | 2026 | 2027 | ||
21069071 | – – – Food supplements based on ginseng | 0 | 0 | 0 | 0 |
21069072 | – – – Other food supplements | 0 | 0 | 0 | 0 |
21069073 | – – – Fortificant premixes | 0 | 0 | 0 | 0 |
21069081 | – – – Food preparations for lactase deficient infants or young children | 0 | 0 | 0 | 0 |
21069089 | – – – Other | 0 | 0 | 0 | 0 |
21069091 | – – – Other, mixtures of chemicals with foodstuffs or other substances with nutritive value, of a kind used for food processing | 0 | 0 | 0 | 0 |
21069092 | – – – Flavoured or coloured syrups | 0 | 0 | 0 | 0 |
21069095 | – – – Seri kaya | 0 | 0 | 0 | 0 |
21069096 | – – – Other medical foods | 0 | 0 | 0 | 0 |
21069097 | – – – Tempeh | 0 | 0 | 0 | 0 |
21069098 | – – – Other flavouring preparations | 0 | 0 | 0 | 0 |
21069099 | – – – Other | 0 | 0 | 0 | 0 |
22029950 | – – – Other non-aerated beverages ready for immediate consumption without dilution | 0 | 0 | 0 | 0 |
Special preferential import duty on functional food from ASEAN – RCEP
HS Code | Description of comodity | Special preferential import duty – RCEP (%) |
|||
2024 | 2025 | 2026 | 2027 | ||
21069071 | – – – Food supplements based on ginseng | 10,5 | 9 | 7,5 | 6 |
21069072 | – – – Other food supplements | 10,5 | 9 | 7,5 | 6 |
21069073 | – – – Fortificant premixes | 10,5 | 9 | 7,5 | 6 |
21069081 | – – – Food preparations for lactase deficient infants or young children | 10,5 | 9 | 7,5 | 6 |
21069089 | – – – Other | 10,5 | 9 | 7,5 | 6 |
21069091 | – – – Other, mixtures of chemicals with foodstuffs or other substances with nutritive value, of a kind used for food processing | 10,5 | 9 | 7,5 | 6 |
21069092 | – – – Flavoured or coloured syrups | 14 | 12 | 10 | 8 |
21069095 | – – – Seri kaya | 10,5 | 9 | 7,5 | 6 |
21069096 | – – – Other medical foods | 7 | 6 | 5 | 4 |
21069097 | – – – Tempeh | 10,5 | 9 | 7,5 | 6 |
21069098 | – – – Other flavouring preparations | 4,9 | 4,2 | 3,5 | 2,8 |
21069099 | – – – Other | 10,5 | 9 | 7,5 | 6 |
22029950 | – – – Other non-aerated beverages ready for immediate consumption without dilution | 21 | 18 | 15 | 12 |
In addition, ASEAN countries also jointly signed some trade agreements with some countries and territories as a whole or as individual countries, for example ACFTA: ASEAN – China; AKFTA: ASEAN – Korea; AJCEP: ASEAN – Japan; AIFTA: ASEAN – India; AANZFTA: ASEAN – Australia – New Zealand; AHFTA: ASEAN – Hong Kong; RCEP; CPTTP (ASEAN countries participating in CPTTP include: Vietnam, Malaysia, Singapore, Brunei)
Currently, ASEAN includes 10 countries: Vietnam, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand.
Note:
When importing functional food from ASEAN to Vietnam:
+ If functional food meet the conditions as required by the Free Trade Agreement (FTA), goods can enjoy Special preferential import taxes above.
+ If the conditions of the agreement are not met, they will enjoy Preferential import tax.
Select HP Global as the freight forwarder/customs brokerage for your shipments import functional food into Vietnam
HP Global is a freight forwarder with a top reputation in Vietnam.
For functional food products, we can provide a full service including transportation, customs clearance and functional food notification.
→ Contact us for freight and inbound and outbound services for shipments to/from Vietnam – Email: info@hpgloballtd.com
Logistics HP Global Vietnam
Freight forwarder, Customs Broker and Vietnam Import/export license
Building No. 13, Lane 03, N003, Van Khe, La Khe, Ha Dong, Hanoi
Website: hpgloballtd.com / hptoancau.com
Email: info@hpgloballtd.com
Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++84 886115726
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