Viet Nam Sample Clauses

Viet Nam. The majority of New Zealand’s exports to Viet Nam face tariffs of between 5 and 20 percent. Many processed dairy products, such as chocolate and ice-cream face tariffs of 20 percent or higher. In 2005, the highest applied tariff rate in Viet Nam was 100 percent (mainly for personal vehicles). Textiles, clothing and footwear have average applied rates higher than 35 percent, as do prepared foods. Manufactured products also face average tariffs of higher than 25 percent. About 30 percent of Viet Nam’s tariffs are applied at zero percent. Analysis conducted by the New Zealand Ministry of Foreign Affairs and Trade puts the average applied ad valorem tariff rate at 18 percent in 2005. Viet Nam has recently acceded to the WTO and its tariffs are now falling to meet the average bound rate of 11.4 on all goods, and 18.8 percent on agricultural products. TABLE 4 VIET NAM’S APPLIED AVERAGE TARIFFS 2005 *% )* )% (* IVg^[[ % (% '* '% &* &% * 6c^bVa egdYjXih KZ\ZiVWaZ egdYjXih ;Vih & d^ah EgZeVgZY ;ddYh LddY B^cZgVah
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Viet Nam. The majority of New Zealand’s exports to Viet Nam face tariffs of between 5 and 20 percent. Many processed dairy products, such as chocolate and ice-cream face tariffs of 20 percent or higher. In 2005, the highest applied tariff rate in Viet Nam was 100 percent (mainly for personal vehicles). Textiles, clothing and footwear have average applied rates higher than 35 percent, as do prepared foods. Manufactured products also face average tariffs of higher than 25 percent. About 30 percent of Viet Nam’s tariffs are applied at zero percent. Analysis conducted by the New Zealand Ministry of Foreign Affairs and Trade puts the average applied ad valorem tariff rate at 18 percent in 2005. Viet Nam has recently acceded to the WTO and its tariffs are now falling to meet the average bound rate of 11.4 on all goods, and 18.8 percent on agricultural products. TABLE 4 VIET NAM’S APPLIED AVERAGE TARIFFS 2005 50 45 40 35 Tariff % 30 25 20 15 10 5 Animal products Vegetable products Fats & oils Prepared Foods Wood Minerals Chemicals Plastic & Rubber Hides & Skins Pulp & paper Textiles & clothing Footwear Articles of stone Precious stones etc Arms & ammunition Metal products Machinery Transport equipment Precision instruments Misc manufactured Works of art 0 Source: Government of Viet Nam, 2005 Notes: 2005 Applied MFN Rates.
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Viet Nam. 1 May 1 Jun 1992 A 1952 A
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