Circular No. 10/2016/TT-BCT guides the implementation of a number of articles of the Vietnam-Laos Border Trade Agreement on goods trading and exchange by border traders and border residents.
Imported goods of border traders are entitled to preferential import tax rates according to Clause 1, Article 6 of the Vietnam-Laos Border Trade Agreement when having certificates of origin form (C/O) – form S granted by Laos Authorities.
Border traders importing goods into Vietnam in accordance with the provisions of Article 7 and Clause 2, Article 13 of the Vietnam-Laos Border Trade Agreement shall, when carrying out the import procedures, have to have the following papers:
- Confirmation of goods under the project of the Vietnamese investor issued by the Lao Border Provincial Department of Industry and Trade or Lao Border District Bureau of Industry and Trade;
- Confirmation by Lao authorities on medical, animal, plant and aquatic quarantine, quality control and food safety control.
The Circular is effective from July 01, 2016.
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