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Table 3.5 Products subject to environmental protection tax, 2020
Item; Product description; Calculation unit; Tax frame (VND); Tax rate (VND)
III; Hydrogen-chlorofluorocarbon (HCFC) liquid; kg; 1,000-5,000; 5,000
IV; Taxable-plastic bag; kg; 30,000-50,000; 50,000
V; Herbicide that is restricted; kg; 500-2,000; 500
VI; Pesticide that is restricted; kg; 1,000-3,000; 1,000
VII; Forest product preservative that is restricted; kg; 1,000-3,000;1,000
VIII; Warehouse disinfectant that is restricted; kg; 1,000-3,000; 1,000

3.58. Goods subject to import prohibition include certain chemicals, weapons, right-hand drive vehicles, and certain used consumer goods (Table 3.7), unchanged since 2013. [30]

[30] Viet Nam is a signatory to, inter alia, the following international treaties and conventions with implications for trade: the Convention on World Cultural Heritage and Natural Resources Conservation; the Convention on Wetland of International Importance, especially of Waterfowls Habitat (Ramsar); the Convention on International Trade in Endangered Species of Wild Flora and Fauna (CITES); the Montreal Protocol on Substances that Deplete the Ozone Layer; the Framework Convention on Climate Change; the Convention on Biological Diversity (CBD); the Convention on Marine Law; the Basel Convention on controlling the transit and disposal of dangerous waste; the United Nations Convention to Combat Desertification (CCD); the Cartagena Protocol on Biosafety; the Vienna Convention on the Ozone Layer Protection; the Stockholm Convention on Persistent Organic Pollutants; and the Rotterdam Convention on Prior Informed Consent.

Table 3.7 Import prohibitions, 2020
Description
Chemicals in Annex III of the Rotterdam Convention.
Wastes and scraps, refrigerating equipment using CFC.
Products and materials containing asbestos of the amphibole group (brown and green asbestos)
a) Samples of precious, rare and endangered animals and plants under Appendix I to the CITES derived from natural resources being exported for commercial purpose; and
b) Samples and processed products of species: white rhinoceros (Ceratotherium simum), black rhinoceros (Diceros bicornis), African elephants (Loxodonta africana).

3.60. Articles 11 to 14 of the Law on Foreign Trade Management stipulate circumstances when temporary suspension from export or import can be taken. The suspension of import or export may be imposed if products are subject to the urgent control measure for the foreign trade management prescribed in Chapter V (Articles 100-102) of the Law (e.g. products affected by war, natural disaster, epidemics, or environmental incidents; products producing serious effects on health and the environment; (...)

3.63. Quotas apply to imports of HCFCs under MOIT Circular No. 51/2018/TT-BCT, issued on 19 December 2018, which amended some provisions of Joint Circular No. 47/2011/TTLT-BCT-BTNMT of the MOIT and the Ministry of Natural Resources and Environment, issued on 30 December 2011. The amendment concerned changes regarding HCFC imports.

3.93. Viet Nam levies royalties (severance tax) on natural resources, such as basic metals and minerals, timber, water, crude oil, and natural gas used in domestic (...). . Royalties on water used in commercial generation of hydropower are charged on the average sales price of electricity. Royalties may be reduced or refunded in case of accidents or natural disasters. (...)

Table 3.9 Royalty payments on natural resources
V Natural water
No.: 2
Group or category of nature resource: Natural water used for hydroelectricity generation
Royalty tax frame (%): 2-5
Royalty tax rate (%): 5

3.102. An industrial zone is an area with a defined geographical boundary, specializing in the production of industrial goods and providing services for industrial production, established according to the conditions specified in the Decree. Industrial zones include EPZs [54] and industrial parks (including eco-industrial parks). [55]

[54] An EPZ is an industrial zone that specializes in the production of exports, the provision of services for export production, and export activities, and is established according to the conditions, orders, and procedures applicable to public zones regulations in this Decree. The EPZ is separated from the outside area according to regulations applicable to non-tariff zones in the Law on Export Tax and Import Tax.
[55] An industrial park is an area eligible for investment incentives and is entitled to preferential policies applicable to geographical areas on the list of geographical areas with difficult socio-economic conditions under the Investment Law.

3.111. Viet Nam seeks to attract investment in cleaner production and efficient use of resources by creating a new type of industrial zone, named eco-industrial parks, for the purpose of economic, environmental, and social benefits. Currently, there are three pilot eco-industrial parks; the Government encourages existing industrial zones to transform into eco-industrial parks.

3.117. The 2014 Investment Law sets out the eligibility criteria and sectors for investment incentives. [63] In general, incentives are accorded to new projects (excluding mergers and acquisitions), although expansions of projects not previously benefitting from incentives may be granted incentives under specific conditions. (...).

[63] Encouraged sectors in the Investment Law are high tech, (...) , renewable energies, (...) processing of agricultural and aquatic products and related biotechnology products, waste management, (...).