From December 10, 2020, the Decree No. 128/2020/NĐ-CP of Vietnam’s Government will officially take effect. According to this Decree, people who exit Vietnam failing to declare or declare correctly the amount of cash or gold brought abroad in excess of the prescribed limit shall be severely fined.
According to the Law on Cyberinformation Security 2015 of Vietnam, if wishing to export and import civil cryptographic products on the list of civil cryptographic products subject to export and import permit, an enterprise must obtain a permit for export and import of civil cryptographic products from a competent state agency.
Recently, the Ministry of Finance of Vietnam has issued the Circular No. 90/2020/TT-BTC prescribing forms used for imposition of penalties for administrative customs offences.
The declaration of exported goods in Vietnam
is specified in Appendix IV issued attached Circular 38/2015/TT-BTC on customs procedures, customs supervision and inspection, export tax, import tax, and tax administration applied to exported and imported goods. Below are instructions to complete declaration of exported goods in Vietnam.
The declaration of imported goods in Vietnam is specified in Appendix IV issued attached Circular 38/2015/TT-BTC on customs procedures applied to exported and imported goods. Below are the instructions to complete declaration of imported goods in Vietnam.
Recently, the Government of Vietnam has issued the Decree No. 128/2020/NĐ-CP on penalties for administrative customs offenses. Offenses against regulations on labeling of imports shall be administratively sanctioned from December 10, 2020.
Export or import of goods inaccurately representing national sovereignty shall be fined heavily in accordance with the Decree No. 128/2020/NĐ-CP of Vietnam’s Government on penalties for administrative customs offenses.
From December 10, 2020, penalties for administrative customs offenses will officially apply the Decree No. 128/2020/NĐ-CP, which replaces Decree No. 127/2013/NĐ-CP and Decree No. 45/2016/NĐ-CP of Vietnam’s Government.
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;