According to this Decree, in order to be eligible for preferential tariff rates, imported and exported goods need to meet the following conditions:
Concerning goods exported from Vietnam:
- They can be imported into territories prescribed in the EVFTA, including:
+ Territories of EU member states identified in the Appendix III to the Decree No. 111.
+ Territory of the United Kingdom of Great Britain and Northern Ireland (only applicable to goods exported from Vietnam within the period from August 1st to December 31st, 2020).
- They must be supported by transport documents (duplicate copies) showing that the aforesaid territories are points of destination.
- Shipments of Vietnamese origin imported into the above-stated territories must be supported by import customs declarations (duplicated copies and English translations, or Vietnamese translations required if the language used in these declarations is not English).
Concerning goods imported into Vietnam:
- They must be listed on the specially preferential tariff schedule prescribed in Appendix II to the Decree No. 111.
- They are imported into Vietnam from:
+ Territories of EU member states identified in the Appendix III.
+ Territory of the United Kingdom of Great Britain and Northern Ireland (only applicable to goods imported into Vietnam within the period from August 1st to December 31st, 2020).
+ Territories of Principality of Andorra and the Republic of San Marino;
+ The Socialist Republic of Vietnam (applicable to goods imported from non-tariff zones into local markets).
- They must meet regulations on origin of goods and obtain certificates of origin under EVFTA's terms and conditions.
For further details, please read the Decree No. 111/2020/ND-CP in force on September 18, 2020.
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