The Government has reduced the export tax on gold jewellery products from 1% to 0%, under Decree No. 260/2025/ND-CP issued on October 10.
The decree amends export tariff rates for certain goods specified in Decree No. 26/2023/ND-CP on export and preferential import tax rates, as well as lists of goods subject to absolute, mixed, and quota-based import taxes.
The new regulation aims to lower production costs, enhance the competitiveness of domestic manufacturers, and encourage the conversion of gold held by the public into higher-value products amid limited local supply and rising global prices, according to the Ministry of Finance.
Under the new decree, export tax rates for products made from gold or silver have been reduced to 0%, while the rate for silver and other base-metal jewellery coated with precious metals remains unchanged at 0%.
The new 0% rate is consistent with the current 0–10% tax range applied to jewelry and handicraft items.
The revised tax rate took effect on October 10.
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