HANOI (Reuters) – Vietnam will abolish a duty exemption for low-cost imported goods from Feb. 18, the government said on Saturday, in a move targeted at e-commerce platforms.
Such imports worth less than 1 million dong ($39.37) had been free of duty since 2010, but a decision on Friday, signed by Deputy Prime Minister Ho Duc Phoc scraps the exemption, the government said in a statement.
The decision follows a call from parliament in November for the move.
($1=25,400 dong)
(Reporting by Khanh Vu; Editing by Clarence Fernandez)
