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Vietnam to lower tariffs on 400 items next month
Tariffs on household electronics will be slashed to 30-40 percent from current 40-50 percent, and those on motorbikes to 90 percent from 100 percent, the paper quoted sources from the country's Finance Ministry.
Input materials used in the aviation sector and some other industries, which cannot be domestically produced, will enjoy larger tax cuts: down from current 20-40 percent to 0-5 percent.
BVOM, September 25, 2007