I understand that imports worth less than 1,000,000 dong are exempt from the 20% import duty (but still have to pay 10% VAT).
If I import 1000 pair of socks, and each pair is worth 10,000 dong. Am i exempt from the duty because the value of each item I am importing is less than 1,000,000, or do I have to pay it because the total value of the shipment is over 1,000,000?