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331880

Vietnam cuts MFN tariff on gasoline to 10% from 20%

HANOI, Aug 8 (Reuters) - Vietnam on Monday cut its Most Favoured Nation (MFN) tariff on gasoline to 10% from 20%, the government said, as it seeks to help ease inflationary pressure.

The MFN tariff is a standard rate applied in trading between World Trade Organization (WTO) members, unless a separate trade agreement exists. (Reporting by Khanh Vu; Editing by Martin Petty)

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