New rules set for operation of foreign trade promotion agencies
The Vietnamese Government has issued the Decree 28/2018/ND-CP, which stipulates principles 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)
Hanoi (VNA) –ꦛ The VietnameseGovernment has issued the Decree 28/2018/ND-CP, which stipulates principles foractivities of foreign trade promotion agencies in Vietnam.
The decree said that the agencies,including governmental and non-governmental organisations, associations andequivalent need to set up a representative office in Vietnam in order to engagein trade promotion activities in the country. They are not allowed to establishmore than one representative office in a province or centrally-run city. These agencies do not include foreignentrepreneurs, non-government organisations, agencies for cooperation andresearch, cultural-educational institutes and other kinds of foreignorganisations. Representative offices of foreigntrade promotion agencies are not allowed to carry out activities to make directprofit in Vietnam. The head and personnel of those representative offices haveto be registered with authorised agencies. The recruitment of foreigners workingin such representative offices in Vietnam must be in line with Vietnam’sregulations as well as international treaties that Vietnam is a member. Foreign trade promotion agencies haveto bear responsibility for all activities of their representative office’sactivities in Vietnam, according to the decree. - VNA
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