Codes and descriptions from the World Customs Organization HS2022.
The tariff information is provided by Vietnam for the HS2022 tariff regime.
Vietnam’s Most Favoured Nation (MFN) tariff rates are generally applicable to imports from all countries that are Members of the World Trade Organization.
The Comprehensive and Progressive Transpacific Partnership (CPTPP) entered into force in Vietnam on January 14th, 2019. The preferential tariff information for the current year and for subsequent years is provided based on Vietnam’s commitments under this agreement. Tariff preferences under CPTPP apply to goods imported from Canada that meet the rules of origin under this agreement. The MFN tariff rates of Vietnam apply to goods imported from Canada that do not meet the rules of origin (non-originating goods) under CPTPP.
When the CPTPP entered into force in Vietnam on January 14th, 2019 it applied two tariff cuts to imports from Canada. Therefore, year 2 will start on January 14th , 2019 and end on December 31st, 2019. Year 3 and subsequent years will run from January 1 to December 31.
Rules of origin are provisions in Canada’s free trade agreements (FTAs) to determine whether a good is “originating” (where it is produced).
These rules specify the proportion of production, or of a good’s value, that must collectively occur in Canada and its FTA partner country (or countries) in order for it to be deemed originating.
Under Canada’s FTAs, only originating goods are eligible for preferential tariff treatment when exported from one FTA country to another FTA country.
Rules of origin also ensure that goods that are entirely or largely produced in third countries do not benefit from preferential tariff treatment by merely being transhipped via Canada to an FTA partner country, or vice versa, or by undergoing minimal processing in one of the FTA countries.
The rules of origin for each of Canada’s free trade agreements are generally set out in separate chapters.
Specific information related to how your product complies with the rules of origin can be obtained from experts and consultants, such as customs brokers. It is also recommended that you obtain from the foreign country an advance ruling on origin.
| MFN | 25% |
|---|
| Date | CPTPP |
|---|---|
| 2019 | 21.6% |
| 2020 | 18.9% |
| 2021 | 16.2% |
| 2022 | 13.5% |
| 2023 | 10.8% |
| 2024 | 8.1% |
| 2025 | 5.4% |
| 2026 | 2.7% |
| 2027 | 0% |
| 2028 | 0% |
| 2029 | 0% |
| 2030 | 0% |
| 2031 | 0% |
| 2032 | 0% |
| 2033 | 0% |
| 2034 | 0% |
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