Pursuant to Decree 75/CP of the government dated November 1, 1995 on the function and power of the Ministry of Planning and Investment; Pursuant to Decree 24/2001/ND-CP of the government dated July 31, 2000 providing details on the implementation of the Law on Foreign Investment in Vietnam; After consultation with relevant ministries and agencies;
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SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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Ministry of Planning and Investment
718/2001/QD-BKH
Hanoi, December 7, 2001
DECISION OF THE MINISTER OF PLANNING AND INVESTMENT ON THE ISSUANCE OF A LIST OF PRODUCTS WHICH MUSTENSURE EXPORT RATE OF 80%
THE MINISTER OF PLANNING AND INVESTMENT
Pursuant to Decree 75/CP of the government dated November 1, 1995 on the function and power of the Ministry of Planning and Investment;
Pursuant to Decree 24/2001/ND-CP of the government dated July 31, 2000 providing details on the implementation of the Law on Foreign Investment in Vietnam;
After consultation with relevant ministries and agencies;
DECIDES
ARTICLE 1. To issue in conjunction with this Decision a list of industrial products of foreign invested enterprises which must ensure the export rate 80%.
ARTICLE 2. This list shall apply to foreign invested enterprises which are granted an investment license under the Law on Foreign Investment as from the effective date of this Decision. This list shall also serve as a basis according to which the export rate of foreign invested enterprises [currently] subject to Decision 229/1998/QD-BKH dated April 29, 19998 shall be amended.
ARTICLE 3. This Decision shall take effect after 15 days from its signing, and shall replace Decision 229/1998-BKH dated April 29, 1998 of the Ministry of Planning and Investment. Previous regulations which are not consistent with this Decision shall be repealed.
MINISTER OF PLANNING AND INVESTMENT
(Signed and sealed)
TRAN XUAN GIA
LIST OF PRODUCTS WHICH MUST
ENSURE THE EXPORT RATE OF 80%
(Issued in conjunction with Decision 718/2001/QD-BKH
dated December 12, 2000 of the Ministry of Planning and Investment)
1. Motorcycles;
2. Buses or trucks of less than 10 tons;
3. Water-pumping machines with a capacity of less than 30,000m3/h;
4. Medium and low-voltage cables;
5. General information cables;
6. Transporting ships of less than 30,000DWT; Fishing ships of less than 1,000cv; River boats, canoes, barges (applied to 100% foreign invested projects);
7. Visual and audio products;
8. {Aluminum] products;
9. popular steel used for construction; (f < 40mm)
10. NPK fertilizer;
11. PVC plastics;
12. Bicycles and components;
13. Various kinds of transformers of less than 35KV;
14. Diesel engines of less than 15cv.
(Source: Dong Nai Department of Planing & Investment)
