The Vietnam Ministry of Finance has recently provide further clarifications on the international trade regulations in Vietnam in regard to temporary import – export. In particular, Circular 59/2013/TT-BTC, issued by the Ministry of Finance, defines the procedure for goods that are temporarily imported then consequently exported to another country through the northern border.
Along with shipping documents for imports, merchants need the following documents:
– Export contract
– Bill of lading with named consignees (non-transferable)
– Registration number for temporary import for re-export
– Temporary import for re-export license by the MOIT
When it is a temporary import, merchants must declare all information about the re-export border gate.
The circular shall be effective on the 22nd of June, 2013.
ANT Lawyers
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