Title: Decree 187/2013/ND-CP dated 20/11/2013 detailing the implementation of the Commercial Law regarding international goods sale and purchase and goods sale, purchase, processing and transit agency activities with foreign countries

Type: Decree

Issuing Agency: Government

Responsible Agency: Ministry of Industry and Trade

Issuing Date: 20-11-2013

Subjects of application

Vietnamese traders, and other organizations and individuals engaged in trade-related activities prescribed in the Commercial Law.

 

The right to conduct import and export business

1. For Vietnamese traders having no foreign direct investment capital (below referred to as traders):

Traders may import and export goods regardless of their registered business lines, except goods on the List of goods banned from export or suspended from export and goods on the List of goods banned from import or suspended from import provided in this Decree and other legal documents.

Traders’ branches may import and export goods as authorized by traders.

2. For traders with foreign investment capital, foreign companies and branches of foreign companies in Vietnam:

Traders, companies and branches, when carrying out commercial activities falling within the scope of regulation of this Decree shall, apart from complying with this Decree, implement other relevant laws, commitments of the Socialist Republic of Vietnam in treaties which it has signed or acceded to, and the roadmap announced by the Ministry of Industry and Trade.

3. When importing or exporting goods subject to conditional import or export, traders shall, apart from complying with this Decree, implement regulations on conditions for import or export of such goods.

 

For further details, Please see a reference translation  at http://www.itpc.gov.vn/investors/how_to_invest/law/Decree_No.187_2013/mldocument_view/?set_language=en

 

Download Vietnamese: Decree 187/2013/ND-CP dated 20/11/2013 detailing the implementation of the Commercial Law regarding international goods sale and purchase and goods sale, purchase, processing and transit agency activities with foreign countries