Trader without a presence is not entitled to organize to distribute goods in Vietnam

Recently, the Ministry of Industry and Trade of Vietnam has issued the Circular No. 28/2012/TT-BCT detailing registration of import and export rights of foreign business entities without a presence in Vietnam.

TN nước ngoài không có hiện diện không được tổ chức phân phối hàng hóa tại VN, Thông tư 28/2012/TT-BCT

 

According to Article 3 of the Circular No. 28/2012/TT-BCT of the Ministry of Industry and Trade of Vietnam, the trader without a presence being granted certificate on registration of import and export rights shall perform import rights as follows:

- To import goods items not on the list of goods banned from import, list of goods temporarily suspended for import, list of goods having no right to import according to international commitments.  For goods the import of which is conditional, they must satisfy conditions as prescribed by law;

- For import goods on list of goods imported pursuant to the schedule in international commitments, performance complies with the committed schedule;

- To directly perform import procedures for goods at customs agencies as prescribed by law on the basic of contract selling goods signed with Vietnamese trader;

- The import goods items must be suitable for the content of certificate on registration of export and import rights.

Note: The trader without a presence is entitled to directly sale import goods for only Vietnamese traders with business registration or right to distribute such goods; is not entitled to organize or participate in network to distribute goods in Vietnam, unless Vietnamese law or International treaties of which the Socialist Republic of Vietnam is a member, provide otherwise.

View more details at the Circular No. 28/2012/TT-BCT of the Ministry of Industry and Trade of Vietnam, effective from November 15, 2012.

Le Vy

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