The Vietnamese Government has issued the Decree 28/2018/ND-CP, which stipulates principles for activities of foreign trade promotion agencies in Viet Nam.

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)

The decree said that the agencies, including governmental and non-governmental organisations, associations and equivalent need to set up a representative office in Viet Nam in order to engage in trade promotion activities in the country. They are not allowed to establish more than one representative office in a province or centrally-run city.

These agencies do not include foreign entrepreneurs, non-government organisations, agencies for cooperation and research, cultural-educational institutes and other kinds of foreign organisations.

Representative offices of foreign trade promotion agencies are not allowed to carry out activities to make direct profit in Viet Nam. The head and personnel of those representative offices have to be registered with authorised agencies.

The recruitment of foreigners working in such representative offices in Viet Nam must be in line with Viet Nam’s regulations as well as international treaties that Viet Nam is a member.

Foreign trade promotion agencies have to bear responsibility for all activities of their representative office’s activities in Viet Nam, according to the decree.

(Source: VNA)