Vietnam: Guidelines for registration of lists of imported and temporarily imported goods

According to Circular No. 53/2015/TT-BCT of the Ministry of Industry and Trade of Vietnam, any foreign contractor that has a construction license and has signed a contract may register a list of imported and temporarily imported materials, fuels, integrated equipment serving the construction work, and a list of imported and temporarily imported building machinery in accordance with this Circular.

Some important things that should be noted when registering lists of imported and temporarily imported goods:

- The List of imported and temporarily imported materials, fuels, and integrated equipment serving the construction work must be consistent with the contract.

- The List of imported and temporarily imported building machinery must be agreed upon by the investor and the foreign contractor in accordance with Clause 3 Article 75 of Decree No. 59/2015/ND-CP of Vietnam’s Government.

- The registration of the list of imported and temporarily imported materials, fuels, integrated equipment serving the construction work and the list of imported and temporarily imported building machinery shall apply to the whole contract or by each stage of construction.

- Decree No. 187/2013/ND-CP of Vietnam’s Government shall apply to the import or temporary import of goods on the list of goods banned from import or suspended from import or restricted from import or subject to licensing under the management of a Ministry, ministerial agency, or goods imported under separate regulations or conditions.

The time limit for import, temporary import, and temporary export shall be agreed upon by the investor and the foreign contractor and must be registered with the Sub-department of Customs at the checkpoint.

The foreign contractor may submit the application for registration of the list of imported/temporarily imported goods directly or by post or online as prescribed in Chapter II of this Circular. The foreign contractor is responsible for the accuracy of information provided in the application for registration and any damage caused by inaccurate information or submission of fraudulent documents.

View more details at Circular No. 53/2015/TT-BCT of the Ministry of Industry and Trade of Vietnam, effective from February 12, 2016.

Thu Ba

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