Decision No. 29/2006/QD-BTM On delegating authority to the Management Board of Van Phong Economic Zone in Khanh Hoa Province to manage import and export activities and trade operations of foreign-invested enterprises within the Van Phong Economic Zone and industrial parks in Khanh Hoa Province

Pursuant to …;

Concerning the delegation to the Management Board of Van Phong Economic Zone, Khanh Hoa Province to manage

import and export activities and trade activities of foreign-invested enterprises in Van Phong Economic Zone and industrial parks in Khanh Hoa Province

THE MINISTER OF TRADE

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Pursuant to Decree No. 29/2004/NĐ-CP dated January 16, 2004 of the Government on the functions, tasks, powers, and organizational structure of the Ministry of Trade;

Pursuant to the Regulations on Industrial Zones, Export Processing Zones, and High-Tech Zones issued together with Decree No. 36/CP dated April 24, 1997 of the Government;

Pursuant to Decision No. 998/QĐ-TTg dated July 24, 2006 of the Prime Minister on the establishment of the Management Board of Van Phong Economic Zone, Khanh Hoa Province;

At the request of the People's Committee of Khanh Hoa Province at Circular No. 5132/UBND dated September 1, 2006,

Delegates to the Management Board of Van Phong Economic Zone, Khanh Hoa Province (hereinafter referred to as the Management Board) to manage import and export activities and trade activities of foreign-invested enterprises and joint ventures based on business cooperation investment contracts within Van Phong Economic Zone and industrial parks in Khanh Hoa Province (hereinafter referred to as foreign-invested enterprises).

Pursuant to …;

Article 1: The Management Board shall examine and approve import plans and manage trade activities of foreign-invested enterprises as follows:

Article 2: 1. Approve import plans of foreign-invested enterprises:

1.1- Approve import plans and confirm exemption from import tax for machinery, equipment, transportation means, construction materials, spare parts for installation and investment to create fixed assets, including imports through financial leasing. The confirmation of exemption from import tax shall only be implemented for investment projects that have been granted Investment License before January 1, 2006.

1.2- Approve temporary import plans for machinery, equipment, transportation means leased from abroad not included in the production line to serve the operation of enterprises.

1.3- Approve import plans for raw materials and supplies for production and business operations of enterprises.

2. Approve the liquidation of machinery, equipment, transportation means, raw materials, and supplies of foreign-invested enterprises according to Circular No. 01/2005/TT-BTM dated January 6, 2005 of the Ministry of Trade.

3. Approve import plans for finished products to combine with exported products of foreign-invested enterprises.

Quarterly, the Management Board shall report to the Ministry of Trade on the implementation of exports and imports by foreign-invested enterprises in accordance with the guidelines of the Ministry of Trade at Circular No. 22/2000/TT-BTM dated December 15, 2000 of the Ministry of Trade.

Article 3: The Ministry of Trade shall periodically inspect the implementation of the provisions in this delegation decision in accordance with the law.

Article 4: This Decision shall take effect fifteen days after its publication in the Official Gazette.

Article 5: This Decision shall take effect fifteen days after the date of publication in the Official Gazette.