During operations as specified the Investment Registration Certificate, a foreign-invested enterprise may import materials, goods, machinery and equipment to meet the demands of their production and business activities and sell their products on the domestic market or export them to other countries.
Some certain types of goods shall be subject to Import Licenses or conditions of line authorities such as chemicals, faulty materials and second-hand machinery and equipment, etc. Requirements for getting import licenses or conditions of regulatory agencies for these types of goods shall be applied to both foreign-invested enterprises and Vietnamese enterprises.
Vietnam has signed and implemented many free trade agreements (FTAs) with many countries and regions such as AKFTA; AANZFTA; CPTPP and EVFTA, etc. Enterprises producing goods in Vietnam meet the requirements on origin of goods produced in Vietnam in accordance with the FTA principles and are granted C/O as prescribed, when exporting goods to the FTA signatory countries, shall be entitled to preferential or especially preferential import tariffs according to the commitments on tariff cut-down under the FTAs.
International trading activities of foreign-invested enterprises such as rights to export or import goods for whole-sale and retail-sale in the Vietnamese market shall comply with the commitments on opening the market, list of goods and roadmap announced by the Ministry of Industry and Trade and meet stipulated conditions.
Cre: VIETBID LAW CO., LTD