1. Vietnam's commitment on tariffs

Vietnam committed to eliminate 87.8% of tariff lines (accounting for 91.22% of import volumn from Chile in 2007). Within 15 years, the expected end of schedule to be in 2029, the number of tariff lines that are not committed by Vietnam or only partially cut accounted for 12.2%, focusing on some sensitive areas such as agriculture, Petroleum…

By 2023, Vietnam committed to eliminate 1163 more tariff lines compared to the initial time, increasing the total number of tariff lines with 0% tax rate to 3860 lines, equivalent to 42.42% of the total tariff table. The speed of commitment to eliminate tariffs in the VCFTA Agreement will be accelerated in the last 5 years of the Agreement, reaching a maximum commitment of 87.8% by 2028. The group of Vietnamese goods committed to eliminate is chemicals, wood, textile materials, machinery, chicken, oranges, tangerines, wine, seafood, beer, construction steel...

2. Chile's commitment on tariff

Chile has a greater openness to Vietnamese goods. Accordingly, 83.54% of the total tariff lines will be eliminated as soon as the Agreement comes into force, accounting for 81.8% of Vietnam's export volumn to Chile in 2007. Some key export products of Vietnam will be able to cut tariff immediately and quickly from the current rate of 6% on textiles, seafood, coffee, tea, computers and components.

By 2029, Chile will eliminate most of the product lines from Vietnam, accounting for 99.62% of the tariff and equivalent to 100% of Vietnam's export turnover to Chile in 2007.