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    Home > Food News > Food Articles > Vietnam will abolish import tariffs on wheat and cut import tariffs on corn

    Vietnam will abolish import tariffs on wheat and cut import tariffs on corn

    • Last Update: 2021-07-29
    • Source: Internet
    • Author: User
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    Foreign media news on July 14: The Vietnamese government said on Wednesday that Vietnam will abolish the 3% import tariff on wheat and reduce the import tariff on corn from 5% to 3% to support domestic feed producers .

     
    Imports of wheat and corn in Vietnam have been high in recent years
    .
    According to the forecast of the U.
    S.
    Department of Agriculture, Vietnam’s corn imports will reach 12.
    7 million tons in 2020/22, slightly lower than the 13.
    5 million tons in the previous year; wheat imports will reach 3.
    65 million tons, higher than the 3.
    4 million tons in the previous year
    .
    Imported wheat corn feed
     
    Imports of wheat and corn in Vietnam have been high in recent years
    .
    According to the forecast of the U.
    S.
    Department of Agriculture, Vietnam’s corn imports will reach 12.
    7 million tons in 2020/22, slightly lower than the 13.
    5 million tons in the previous year; wheat imports will reach 3.
    65 million tons, higher than the 3.
    4 million tons in the previous year
    .
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