IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 20 Feb 2014 | Removal date: open ended
Still in force

Export-related non-tariff measure, nes

On 20 November 2013, Vietnam issued Decree No. 187/2013/ND-CP stating the regulations for the implemenation of the Commercial Law with regards to import/export of goods, agencies' activities for such trade and transit of goods involving foreign parties. The decree replaces an earlier Decree No. 12/2006/ND-CP of January 2006.
 
Significant amendments in the Decree can be summarised as follows - 

  • Decree 187 provides new management rules for prohibited goods for import and export
  • Details for import of prohibited goods have been provided based on certain conditions
  • The Decree provides provisions to conduct quarantine for import/export of goods
  • Clarity in mechanism for temporary export and re-import of weapons, ammunition, military equipment etc.
  • Procedure defined for deiciding the quanity and import administration menthods for goods subject to tariff quotas
  • Provisions specified for the import of used machinery, equipment, and technological chains
  • Conditions are specified for businesses to trade in temporary import of goods for re-export. Separate conditions are given for prohibited goods, not prohibited goods, import for repairing etc. The permitted time for goods temporarily imported into Vietnam for re-export to be circulated has been reduced from 120 to 60 days.
  • Regulations pertaining to liquidation of a closed or expired contract are provided
  • Conditions are also provided for import or export of prohibited goods for the purpose of processing, recycling and repairing machinery or equipment.
  • The Decree adds a number of items to the list of commodities banned for import

 
The Decree 187 takes effect from 20 February 2014.

AFFECTED COUNTRIES

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