THE MINISTRY OF FINANCE
------
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
------------
No: 62/2001/TT-BTC
Hanoi, August 01, 2001
 
CIRCULAR
GUIDING THE PAYMENT OF EXPORT TRANSACTION AND BROKERAGE COMMISSIONS
In furtherance of the Government’s Resolution No. 08/1999/NQ-CP of July 9, 1999 on solutions to the execution of the implementation of the tasks in the last 6 months of 1999; in order to encourage and step up export, on January 5, 2000, the Ministry of Finance issued Circular No. 01/2000/TT-BTC, guiding the payment of export transaction and brokerage commissions;
In order to further encourage and step up export with a view to increasing foreign currency earning for the country in the spirit of the Government’s Resolution No. 05/2001/NQ-CP of May 24, 2001;
On the basis of the comments of the Ministry of Trade, the Ministry of Planning and Investment and the Government Pricing Committee at the June 14, 2001 meeting and the Prime Minister’s directing opinion in Official Dispatch No. 3075/VPCP-KTTH of July 10, 2001 of the Government’s Office, the Ministry of Finance hereby guides the payment of export transaction and brokerage commissions as follows:
I. GENERAL PROVISIONS
1. The regime of export transaction and brokerage commissions prescribed in this Circular applies to enterprises which conduct direct exportation or entrusted exportation (hereafter called enterprises for short).
2. The export transaction and brokerage commissions prescribed in this Circular are sums of money to be paid by enterprises to foreigners and Vietnam’s overseas diplomatic missions (including trade representations) that helped them sell their goods, increase their export turnover thanks to the finding of new customers and/or new markets; helped them sell their goods which are difficult to find outlets or maintain their traditional customers who purchase their goods regularly so that the enterprises can effectively conduct their export activities.
Click Download to see full text