It was announced on Monday that the Vietnamese Ministry of Finance has been asked to adjust import taxes on certain goods, including gold, in order to decrease the trade deficit.
According to a report from the official Vietnam News Agency (VNA), the Prime Minister sought the move at the weekend, additionally asking the State Bank of Vietmam to take action with regard to the gold import quota, with the same aim in mind.
The VNA also revealed at the weekend that the Vietnam Association for Finance Investors has asked for an increase in the gold import tax rate from 10% to 20%, in order to curb imports.
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