Vietnam: Deliberately erasing or changing contents of the license for temporary import shall be fined up to VND 10 million

According to the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, administrative penalties for violations against regulations on temporary import and temporary export are as follows:

1. A fine ranging from VND 5.000.000 to VND 10.000.000 shall be imposed for deliberately erasing, altering or changing contents of the license for temporary import or temporary export of goods included in the list of goods banned from export or import or the list of goods subject to suspended export or import.

2. A fine ranging from VND 10.000.000 to VND 20.000.000 shall be imposed for illegally using the license for temporary import or temporary export of goods included in the list of goods banned from export or import or the list of goods subject to suspended export or import.

3. A fine ranging from VND 20.000.000 to VND 40.000.000 shall be imposed for failing to meet relevant business conditions when temporarily importing goods included in the list of goods to be temporarily imported under certain conditions.

4. A fine ranging from VND 40.000.000 to VND 80.000.000 shall be imposed for failing to obtain license when temporarily importing or temporarily exporting goods requiring license issued by competent authorities.

5. A fine ranging from VND 80.000.000 to VND 100.000.000 shall be imposed for temporarily importing or temporarily exporting goods included in the list of goods banned or suspended from temporary import.

View more details at the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, effective from October 15, 2020.

Ty Na

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