Vietnam, in 2007, will remove import taxes on goods temporarily-imported to the country, such as commercial samples, marketing items in trade fairs and products for demonstration purposes, local newspaper Vietnam News reported Tuesday.

The tariff exemption to products imported to the country and then re-exported will facilitates business activities, the newspaper quoted sources from the country's General Department of Customs.

Under the current regulations, the temporarily imported goods are subjects to import tax, and then the tariff is repaid when the goods are re-exported. However, the procedures are complicated and took enterprises a lot of time, said Vu Anh Dung, director of the Customs Service and Consulting Center under the Vietnam Chamber of Commerce and Industry.

Vietnam imported goods worth nearly 32.8 billion U.S. dollars in the first nine months of this year, a year-on-year rise of 19.3 percent, according to the country's General Statistics Office.

Source: Xinhua