Quyết định 2060/2005/QĐ-BTM

Article 1.- To authorize Hi-Tech Park Management Boards of provinces and centrally-run cities to approve plans on the import of finished products for combination with export products and approve the liquidation of machinery, equipment, transport means, supplies and raw materials of joint-venture enterprises, enterprises with 100% foreign capital, export-processing enterprises, and parties to business cooperation contracts, which are managed by the authorized bodies.

Article 2.- The approval of plans on the import of finished products for combination with export products shall comply with the following regulations:

1. Export products of foreign-invested enterprises must be in line with the production/business lines stated in their investment licenses.

2. The volume of finished products (including wastage) to be imported must be compatible with that of export products of foreign-invested enterprises.

3. The value of finished products to be imported (at CIF price) accounts for less than 40% of that of export products (at FOB price).

4. The authorized bodies shall approve the import of finished products for combination with export products of foreign-invested enterprises only after the enterprises get goods orders or enter into product export contracts.

Article 3.- The approval of liquidation shall comply with the provisions of the Trade Ministry's Circular No. 01/2005/TT-BTM of January 6, 2005, guiding the liquidation of machinery, equipment, means of transport, supplies and raw materials of foreign-invested enterprises.

Article 4.- This Decision takes effect 15 days after its publication in "CONG BAO."

Article 5.- The bodies mentioned in Article 1, the director of the Office, the director of the Planning and Investment Department, and heads of units under the Ministry, and concerned organizations and individuals shall have to implement this Decision.