Vietnam legal Document page 
Ministry of finance     The Socialist Republic of Vietnam
  No. 2164/TC-TCT          Independent-freedom-Happiness.

                                Hanoi, August 25th, 1994.

RE. : APPLICATION TO THE fORMER EXPORT-IMPROT TARIfF IN ACCORDANCE WITH CIRCULAR NO. 54 TC/TCT BY MINISTRY Of fiNANCE

TO :

Implementing Article 5 of Decision No.280/TTg dated May 28, 1994 by the Prime Minister on issuing the export-import tariff and Decree No.54/CP dated August 28, 1994 by the Government, Ministry of finance has promulgated the circular No. 54-TC/TCT dated Ju ne 29, 1994 guiding the implementation of Article 4 of Decision No. 280/TTg concerning export - import goods, which have customs declaration registered after July 1, 1994 (the date of implementing the existing customs tariff) and which were imposed higher tax rate than the tax rate stipulated in the former customs tariff.

The Ministry of finance now guides additional points related to terms and conditions of trading contracts signed with foreign parties before July 1, 1994 as follows:

for cases where legal trading contracts concluded with overseas parties before July 1, 1994, if not registered at the Export-Import License Section of region (under Ministry of Trade) in accordance with the article 9 of the Regulation No. 299/ TMDL-XNK da ted April 9, 1992 by Ministry of Trade on signing and management of trading contracts shall be certified by the Export-Import License Section of the region that the License Section did not organize contract registration services.

for cases where import establishments are representative offices of foreign economic organizations in Vietnam, diplomatic bodies, international organization and other overseas institutions in Vietnam (their import licenses granted by the General Departmen t of Customs), the legal trading contracts signed with foreign parties before July 1, 1994 but no need registration at the Export Import License Section of the region. Based on the above - mentioned additional guidance and the particular terms stipulated at circular No. 54-TC/TCT dated June 29, 1994 by Ministry of finance, Customs Departments of provinces and cities shall be responsible for the examination in details of export import documents of import organizations. If these documents comply all conditi ons regulated in that guidance, the former export import tariff shall be applied to these import organizations.

It is proposed that General Department of Customs should speed up the implementation of this official letter. During the process of execution, if any problems occur, General Department of Customs should report to Ministry of finance in order to settle the m timely.

for The Ministry of finance Vice Minister VU MONG GIAO