New rules set for operation of foreign trade promotion agencies
Updated : Thursday, March 08, 2018 3:03 PM (GMT+0700)

TheVietnamese Government has issued the Decree 28/2018/ND-CP, which stipulatesprinciples for activities of foreign trade promotion agencies in Vietnam.

 
The Vietnamese Government has issued the Decree 28/2018/ND-CP, which stipulates
principles for activities of foreign trade promotion agencies in Vietnam - Illustrative photo: VNA

The decree said that theagencies, including governmental and non-governmental organisations,associations and equivalent need to set up a representative office in Vietnamin order to engage in trade promotion activities in the country. They are notallowed to establish more than one representative office in a province orcentrally-run city.

These agencies do notinclude foreign entrepreneurs, non-government organisations, agencies forcooperation and research, cultural-educational institutes and other kinds offoreign organisations. 

Representative offices offoreign trade promotion agencies are not allowed to carry out activities tomake direct profit in Vietnam. The head and personnel of those representativeoffices have to be registered with authorised agencies.

The recruitment of foreignersworking in such representative offices in Vietnam must be in line withVietnam’s regulations as well as international treaties that Vietnam is amember.

Foreign trade promotionagencies have to bear responsibility for all activities of their representativeoffice’s activities in Vietnam, according to the decree.

Source:VNA

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