Trade license for automobile import in Vietnam

Requirements for trade license for automobile import in Vietnam effective from 22th March, 2020

Post date: 27-06-2021

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Trade license for automobile import in Vietnam

Trade license for automobile import in Vietnam

 

Requirements on trade license for automobile import in Vietnam are governed by Decree No.116/2017/NDCP dated 17th October, 2017 and No. 17/2020/ND-CP dated 5th February, 2020 of  Vietnam Government on requirements for manufacturing, assembly and import of automobiles and trade in automobile warranty and maintenance services  (Herein called Decree 116).

I. General provisions of trade license for automobile import in Vietnam.

1. Trade license for automobile import shall only be considered granting to automobile importers in Vietnam.

2. Importers shall be entitled to import automobiles after fulfilling all requirements and being issued with licenses for automobile import mentioned in herein.

3. Automobile importers shall comply with regulations on management of imported automobiles stated in Decree 116 and relevant legal documents.

III. Requirements for granting trade license for automobile import in Vietnam.

The automobile importer incorporated  under regulations of law shall be issue with the trade license for automobile import in Vietnam when the following requirements are fully met:

1. The automobile warranty/maintenance center owned/leased by the automobile importer or belonging to the dealer network authorized by such importer meets the requirements mentioned herein.

2. There is a physical confirmation or document proving that the automobile importer is eligible to represent a foreign automobile manufacturer/assembler to recall defective automobiles imported into Vietnam.

IV. Procedures for issuance of trade license for  automobile import in Vietnam.

1. The Ministry of Industry and Trade of Vietnam shall be the authority to issue trade licenses in automobile import in Vietnam.

2. An application for issuance of trade license for automobile import in Vietnam consists of:

a) A completed application form provided in the specimen No. 5 of Appendix II attached hereto;

b) A copy of the enterprise registration certificate or equivalent documents;

c) A copy of the documents proving that the importer meets the automobile import requirements stated in Article 15 herein including:
- A copy of the document proving that the importer’s automobile warranty/maintenance center meets the requirements stated herein.
- A copy of the physical confirmation or document proving that the automobile importer is eligible to represent a foreign automobile manufacturer/assembler to recall defective automobiles imported into Vietnam according to Clause 2 Clause II above that has been authenticated by a diplomatic mission of Vietnam in a foreign country.

3. Procedures for issuance of trade license for  automobile import in Vietnam:

a) The automobile importer (applicant) shall submit 1 set of application mentioned in Clause 2 this Article, in person, by post or in any other satisfactory manner, to the Ministry of Industry and Trade of Vietnam;

b) If the application is invalid, the Ministry of Industry and Trade of Vietnam shall make a request for additional documents to the applicant within 7 working days from the day on which the application is received;

c) Within 10 working days from the day on which the valid application is received, the Ministry of Industry and Trade shall consider issuing the license provided in the specimen No. 8 of Appendix II attached hereto to the applicant.

The Ministry of Industry and Trade of Vietnam may notify the specific time for organizing an inspection visit of the requirements stated in Article 15 herein if necessary. Time limit for the inspection visit is 15 working days from the date of notification. Within 5 working days from the day on which the inspection results are given, the Ministry of Industry and Trade of Vietnam shall consider issuing the trade license to the applicant.

If the application is rejected, the Ministry of Industry and Trade shall provide the applicant with a written explanation.

d) The applicant shall receive the license, in person, by post (if required) or in any other satisfactory manner, from the Ministry of Industry and Trade of Vietnam.

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LAWYER VIETNAM LAW FIRM

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