Vietnam: Procedures for import, export, temporary import – re-export of goods of foreign contractors

According to Article 5 of Circular No. 53/2015/TT-BCT of the Ministry of Industry and Trade of Vietnam, procedures for import, export, temporary import – re-export, temporary export – re-import of goods of foreign contractors are specified as follows:

After the Ministry of Industry and Trade certifies the registration of the list of imported/temporarily imported goods, the foreign contractor shall follow procedures for import, export, temporary import – re-export, temporary export – re-import of goods (including temporary import – re-export, temporary export – re-import of goods for warranty or repair purposes) in accordance with regulations of law on customs.

If the foreign contractor wishes to keep using the temporarily imported machinery and equipment to execute another construction work in Vietnam, such foreign contractor shall follow the procedures for registration of a list of temporarily imported machinery and equipment serving such construction work in accordance with this Circular with the Ministry of Industry and Trade, then follow procedures for re-export and temporary import at a customs authority.

If the foreign contractor transferred the temporarily imported machinery and equipment to another foreign contractor to execute a construction work in Vietnam, the transferor shall follow procedures for re-export at a customs authority without a written certification from the Ministry of Industry and Trade. The transferee shall follow procedures for registration of a list of temporarily imported machinery and equipment serving construction work in accordance with this Circular with the Ministry of Industry and Trade.

If the foreign contractor has an agreement with the foreign owner on selling, gifting, leasing, lending the temporarily imported or temporarily exported machinery, equipment, supplies to another enterprise in Vietnam, the foreign contractor shall follow the procedures in accordance with regulations of law on customs without a written certification from the Ministry of Industry and Trade.

Note: The foreign contractor may directly or authorize another entity to follow export-import procedures at a customs authority in accordance with regulations of law on export-import entrustment.

View full text 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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