Recently, the Government of Vietnam has issued the Decree No. 39/2007/NĐ-CP on individuals doing trade independently and regularly do not have to register for their businesses.
According to Decree No. 39/2007/NĐ-CP of Vietnam’s Government, individuals doing trade are permitted to do business in goods and services in accordance with law, except for the following goods and services:
- Goods and services under list of goods and services banned trading in accordance with law;
- Smuggled goods, counterfeits, goods without origin, goods expired for use, goods not eligible for food hygiene and safety in accordance with law; goods not ensured quality, including goods lost quality, goods with bad quality, goods poisoned and animals and plants getting epidemics;
- Goods and services under list of goods and services restrained trading in accordance with law.
Besides, Decree No. 39/2007/NĐ-CP also strictly prohibits individuals doing trade make fraudulence in weighting, measurement, tally and provision of false information or cause misunderstanding about quality of goods and services or nature of commercial activities performed by them.
View more details at Decree No. 39/2007/NĐ-CP of Vietnam’s Government, effective from September 14, 2007.
Ty Na
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