Import/Export Of Goods Into/Out Of Vietnam For Commercial Purposes The Vietnamese government issued Decree No. 187/2013/ND-CP (Decree 187) on 20 November 2013 to provide details of the implementation of the provisions of the 2005 Commercial Law in Vietnam on the international sale-purchase of goods, sale-purchase agency, processing, and goods in transit with foreign parties. The Decree No. 187/2013/ND-CP has been in effect since 20 February 2014. Commercial Activities Governed by Decree 187 Decree 187 governs commercial activities with foreign elements including import, export, temporary import for re-export, temporary export for re-import, transit, trust import and export, and sale and purchase agency. Foreign invested enterprises, in addition to being subject to the provisions of Decree 187, are also subject to other regulations specifically applied to them and to the commitments of Vietnam under international treaties. Lists of Goods Attached to Decree 187 There are three lists attached to Decree 187 that a company should be aware of. The lists are as follows: • • • List of goods that are prohibited from being exported and imported. (Pls refer to Annex 1 for the full list) List of goods for which import/export is subject to a licence and under management of the line ministries List of goods for which import/export is subject to a licence and under management of the State Bank of Vietnam. For full details of Decree 187, please visit the following website: http://www.itpc.gov.vn/investors/how_to_invest/law/Decree_No.187_2013/view