Vietnam lowers tax on wheat and corn to tame feed prices

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Vietnam is considering reducing the most-favored-nation tax (MFNT) on imported corn and wheat. This is in response to a proposal by key domestic livestock enterprises on restraining the rise in feed prices. The government plans to lower the MFNT on wheat from 3% to 0% and corn from 5% to 3%. Accordi...

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Ha Thu
Correspondent based in Ho Chi Minh City, Vietnam.