THE GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No. 12/2006/ND-CP
Hanoi, January 23, 2006
 
 
DECREE
MAKING DETAILED PROVISIONS FOR IMPLEMENTATION OF THE COMMERCIAL LAW WITH RESPECT TO INTERNATIONAL PURCHASES AND SALES OF GOODS; AND AGENCY FOR SALE AND PURCHASE, PROCESSING AND TRANSIT OF GOODS INVOLVING FOREIGN PARTIES
THE GOVERNMENT
 
Pursuant to the Law on Organization of the Government dated 25 December 2001; Pursuant to the Commercial Law dated 14 June 2005;
On the proposal of the Minister of Trade;
 
DECREES:
 
Chapter I
GENERAL PROVISIONS
Article 1. Governing scope
1.This Decree makes detailed provisions for implementation of the Commercial Law with respect to international purchases and sales of goods including import, export, temporary import for re-export, temporary export for re-import, and transhipment; and for activities of principals and authorized dealers in importing and exporting goods and in agency for sale and purchase, processing and transit of goods involving foreign business entities.
2. Goods being moveable assets, goods servicing the needs of individuals with diplomatic status, and personal luggage as defined by law are governed by separate regulations of the Prime Minister of the Government.
Article 2 Applicable entities
Vietnamese business entities; and other organizations and individuals with activities relating to commerce as stipulated in the Commercial Law.
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