IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Mar 2014 | Removal date: open ended
Still in force

Import-related non-tariff measure, nes

 On 27 March 2014, Vietnam issued Circular 3161/TCHQ-GSQL which removed the requirement for foreign invested enterprises (FIEs) in Vietnam to obtain a certification form the Ministry of Industry and Trade for the import of lubricating oils and greases, provided the said products will be used for maintenance of machinery for production of goods, and not for purchase, sale, or distribution.
 
Circular No. 34/2013/TT-BCT (see related measure) provides a list of goods that are prohibited to be exported, imported or distributed in Vietnam by FIEs and petroleum oils are included in the list, thus requiring FIEs to obtain a certificate from the Ministry for imports. Circular 3161 makes an provision for FIEs who want to import these goods not for trade but for production of other goods. Considering this, the FIEs need to submit (i) an Investment certificate stating the target of the investment project is tangible production and (ii) a written request stating the goods and required quantity with the intended purpose.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

333 Petroleum oils & oils of bituminous materials, other than crude
2710 Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con
271012 Light oils and preparations
271019 Other

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