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Vietnam tariff on US pork to fall to 10% – USMEF

US meat exporters expect Vietnam’s tariff on US pork to fall to 10% from the current 15%, US Meat Exporters Federation economist Erin Borror...

US wheat pursues tax exemptions in Vietnam market

Vietnam is considering reducing or removing the tax on several US commodities, including wheat. This is a part of the bilateral package announced during US...

Sabah defers sales tax on seafood exports

Sabah in East Malaysia will defer state sales tax on seafood exports given the pandemic's negative effects on local fishermen and the business community....

Vietnam lowers tax on wheat and corn to tame feed prices

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...

Vietnam to reduce import taxes on feed raw materials

Vietnam is considering reducing the most-favored-nation tax (MFNT) on imported corn and wheat. This decision is a response to the proposal from key domestic livestock...

VAT on premium beef will not affect market

The value-added tax (VAT) on premium beef will not affect the market because its proportion is small and consumer in that segment would be...

VAT on premium meat will not affect market

The Indonesian Meat Importers Association (Aspidi) said that the value-added tax (VAT) on premium beef will not affect the market because its proportion is...

VAT only for premium products in Indonesia

Indonesia's Finance Minister Sri Mulyani asserted that the government would not impose a value-added tax (VAT) for staple food in traditional markets. She was...

Processors slam Indonesia’s VAT plans

The Indonesian government plans to impose a 12% value-added tax (VAT) on basic foods including meat and eggs. The Indonesian Meat Traders Association (APDI)...

Vietnamese feedmillers switch to Australian wheat

Feedmillers in Vietnam are switching to Australian wheat as corn price has skyrocketed in the past month. According to some feed material traders, corn prices...

Sri Lanka raises tax on imported fish

Sri Lanka has increased taxes on imported fish as it struggles to deal with the disruption in the local fisheries industry. Covid-19 which has...

Thailand’s domestic corn price slips due to tax-free imports

The MY2020/21 domestic corn prices in Thailand is under pressure from duty-free imports. The farm-gate prices for corn between January to August 2020 was around...

Thailand may remove sbm import tax

Thailand is considering removing a 2% tax on soybean meal imports to help shrimp farmers lower their production cost. The farmers called for the...

Vietnam shrimp sector banking on strong revival in EU and US

Early recovery after the Covid-19 pandemic will offer  competitive advantage for Vietnamese shrimp industry to be a step ahead of its competitors. According to...

Bangladesh Government supports poultry with lower tax

A series of tax reductions on poultry feed and farm machinery have been proposed in the upcoming Bangladesh Budget for 2020-21. Among this is...

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