Medical Spare Parts Exempted From Import Duties

The Prime Minister Nguyen Tan Dung issued Decision No. 54/2014/QD-TTg on import duty exemption for medical spare parts imported for production and assembly of medical equipment being subjects to research and manufacture priority.

Accordingly, spare parts imported for production and assembly of medical equipment and devices being subjects to research and manufacture priority will be exempted from import duties within five years, dating from the date of commencing production and assembling activities.

The medical spare parts must be those which Vietnam are unable to produce and used for production of diagnostic, therapeutic, sterilization, testing, waste water treatment equipment, medical waste, rehabilitation equipment, medical equipment for families and individuals.

Source: Web Portal of the Ministry of Finance