Vietnam: Sale of goods and other related activities

Specifically, according to Article 7 of Decree No. 09/2018/ND-CP of Vietnam’s Government, regulations on sale of goods and other related activities of foreign-invested business entities are as follows:

- If a foreign-invested business entity meets the following conditions, it is entitled to export goods purchased in Vietnam; goods processed in Vietnam and goods legitimately imported in Vietnam to a foreign country or a separate customs zone:

+ The exports are not included in the lists of goods banned from export; the list of goods temporarily ceased from export; the list of goods not eligible for export as specified in international treaties to which Vietnam is a signatory;

+ In case of exports under the lists of goods to be exported with required licenses or certain conditions, the foreign-invested business entity shall obtain such licenses or meet such conditions as prescribed.

- A foreign-invested business entity obtaining importation right is entitled to import goods from a foreign country or separate customs zone into Vietnam, subject to the terms and conditions below:

+ The imports are not included in the lists of goods banned from import; the list of goods temporarily ceased from import; the list of goods not eligible for import as specified in international treaties to which Vietnam is a signatory;

+ In case of imports under the lists of goods to be imported with required licenses or certain conditions, the foreign-invested business entity shall obtain such licenses or meet such conditions as prescribed.

Procedures for performing importation or exportation right shall be done in accordance with laws and regulations on export and import management.

A foreign-invested business entity obtaining retail or whole distribution right is entitled to wholesaling and retailing of goods produced in Vietnam and goods imported legitimately to Vietnam.

In case of lines of business with certain conditions, a foreign-invested business entity is entitled to perform such lines of business when meeting sufficient conditions as prescribed.

View relevant provisions at: Decree No. 09/2018/ND-CP of Vietnam’s Government takes effect from January 15, 2018.

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