Title: Decree 90/2007/ND-CP on right to export and import into Vietnam of foreign business entities which do not have presence in Vietnam

Type: Decree

Issuing Agency: Government

Responsible Agency: Ministry of Industry and Trade

Issuing Date: 31-05-2007

 

Applicable entities

1. This Decree applies to foreign business entities which do not have a presence in Vietnam from countries and territories which are members of the WTO and from countries and territories which have a bilateral treaty with Vietnam regarding these matters.

2. Other organizations and individuals related to activities of export and import by foreign business entities which do not have a presence in Vietnam shall also be subject to the provisions in this Decree.

Scope of activities of export and import by foreign business entities which do not have a presence in Vietnam

1. A foreign business entity which does not have a presence in Vietnam shall have the right:

(a) To exercise the right to export [and/or] import when issued with a certificate of registration of right to export [and/or] import types of goods permitted to be exported [and/or] imported pursuant to the law of Vietnam and pursuant to the schedule on commitments to open the Vietnamese market.

(b) To purchase goods in order to export from, and to sell imported goods to Vietnamese business entities which have business registration for such types of goods pursuant to the current law of Vietnam.

3. The Minister of Trade shall be responsible to announce a list of lines of goods and the schedule for opening the market as undertaken in international treaties of which the Socialist Republic of Vietnam is a member.

 

For further details, Please see a reference translation  at http://www.customs.gov.vn/Lists/EnglishDocuments/ViewDetails.aspx?language=en-US&ID=1059

 

 

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