Quyết định 27/2005/QĐ-BTM

Article 1.- To authorize the People's Committees and the Industrial-Park and Export-Processing Zone Management Boards of the provinces and centrally-run cities (hereinafter referred collectively to as authorized agencies) to approve plans on the import of finished products for combination with export products of joint-venture enterprises, 100% foreign-capital enterprises, export-processing enterprises or parties to business cooperation contracts (hereinafter referred collectively to as foreign-invested enterprises), which fall under the management scope of authorized agencies.

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

1. Export products of foreign-invested enterprises must be compatible with production and/or business lines prescribed in the investment licenses.

2. The quantity of finished products to be imported (including loss percentage) must be compatible with the quantity of export products of foreign-invested enterprises.

3. The value of each finished product to be imported (calculated according to CIF price) must account for less than 40% of the value of an export product (calculated according to FOB price).

Article 3.- Authorized agencies shall permit the import of finished products for combination with export products of foreign-invested enterprises only after the enterprises have obtained goods orders or contracts on product export.

Article 4.- The Planning and Investment Department shall regularly inspect the authorization prescribed in this Decision.

Article 5.- This Decision takes effect 15 days after its publication in the Official Gazette.

Article 6.- The agencies stated in Article 1, the Director of the Ministry Office, the Director of the Planning and Investment Department, the heads of units of the Ministry and the concerned organizations and individuals shall have to implement this Decision./.