Official letter No. 640/XNK-CN
dated October 20th, 2022 of the Ministry of Industry and Trade regarding foreign-invested business entities' importing goods then exporting the goods without undergoing processing, working
Posted: 2/11/2022 11:36:43 AM | Latest updated: 3/11/2022 3:26:24 PM (GMT+7) | LuatVietnam: 5572
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The Ministry of Industry and Trade assumes that the scope of importation right, exportation right of foreign direct investment (FDI) enterprises as regulated at the Law on Foreign Trade Management and Decree No. 09/2018/ND-CP do not include the right to perform the business activity of temporary import for re–export.
Concurrently, clause 2 Article 13 of Decree No. 69/2018/ND-CP also specifies that FDI enterprises are only allowed to perform the temporary import for re–export according to Article 15 of this Decree and are not allowed to do other types of temporary import for re–export.
According to opinions of the Ministry of Industry and Trade, related management scope and policy of the business activity of temporary import for re-export and performance of exportation right of enterprises are independent (Official letter No. 9123/BCT-PC dated November 8th, 2018).
Ms Phuong Thao (VietlawOnline.com)
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