| THE MINISTRY OF INDUSTRY ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------ |
| No: 02/2002/TT-BCN | Hanoi, September 18, 2002 |
CIRCULAR
GUIDING THE INVESTMENT IN THE MANUFACTURE AND/OR ASSEMBLY OF MOTORCYCLE ENGINES BY DOMESTIC ENTERPRISES
Pursuant to the Prime Minister’s Decision No. 38/2002/QD-TTg of March 14, 2002 on the management of the manufacture, assembly and import of motorcycle accessories;
Pursuant to the Government Office’s Notice No. 99/TB-VPCP of June 6, 2002 announcing the Prime Minister’s conclusions on the realization of motorcycle localization policy;
Pursuant to Joint Circulars No. 92/2001/TTLT-BTC-BCN-TCHQ of November 20, 2001 of the Ministry of Finance, the Ministry of Industry and the General Department of Customs and No. 52/2002/TTLT-BTC-BCN of June 4, 2002 of the Ministry of Finance and the Ministry of Industry guiding the realization of the tax preference policy for the manufacture of motorcycles and their engines;
The Ministry of Industry hereby guides the investment in the manufacture and assembly of motorcycle engines by domestic enterprises as follows:
I. OBJECTS OF APPLICATION:
This Circular applies to enterprises of all economic sectors, which are set up under Vietnam’s law (except foreign-invested enterprises).
II. SPECIFIC PROVISIONS:
1. The investment projects on the manufacture and/or assembly of motorcycle engines must be formulated in strict accordance with the provisions in the Regulation on construction and investment management, which was issued together with the Government’s Decree No. 52/1999/ND-CP of July 8, 1999 and amended and supplemented in Decree No. 12/2000/ND-CP of May 5, 2000, then submitted to the Ministry of Industry for consideration and appraisal.
