Circular on businessmen's cross-border trading activities defined

04:02, 21/02/2017

The Ministry of Industry and Trade has issued Circular No.34/2016/TT-BCT stipulating the cross-border trading activities of businessmen.

 

Illustration photo
Illustration photo

The Ministry of Industry and Trade has issued Circular No.34/2016/TT-BCT stipulating the cross-border trading activities of businessmen.

The Circular says that businessmen launching cross-border trading activities are Vietnamese ones, including businesses, household business and co-operatives.

The Circular defines documents and procedures for registering cross-border trading activities through border sides and crossings.

Commodities used for cross-border trading activities are listed in Clause 1, Article 6 of Decision No. 52/2015/QĐ-TTg.

Export and import items through the border sides and crossings of the border economic zones must meet the criteria of Decree No. 187/2013/NĐ-CP on implementation of the Trade Law with respect to international purchases.

The Circular comes into effect from February 15, 2017.

(Source:VGP)