Decision No. 65/2001/QD-BTC On awarding bonuses based on export turnover for rice, coffee, pork, and canned fruits and vegetables in 2001.

DECISION OF THE MINISTER OF FINANCE

Regarding the award for export turnover of rice, coffee, pork, canned vegetables in 2001

products rice, coffee, pork, canned vegetables in 2001

THE MINISTER OF FINANCE

BASED ON DECREE NO. 178/CP DATED OCTOBER 28, 1994 OF THE GOVERNMENT ON THE TASKS, POWERS AND ORGANIZATIONAL STRUCTURE OF THE MINISTRY OF FINANCE;

Pursuant to Resolution No. 05/2001/NQ-CP dated May 24, 2001, of the Government on supplementing certain measures for managing the economic plan in 2001;

Pursuant to the consensus opinion of the Ministry of Trade, the Government Price Board, the Ministry of Planning and Investment at the meeting on June 14, 2001; the minutes of the determination of the award level based on export turnover for the four products: rice, coffee, pork, canned vegetables by representatives of relevant ministries and sectors;

To encourage exports; upon the proposal of the Director of the State Enterprise Finance Department,

Pursuant to …;:

Article 1. Announces the award levels based on export turnover for the four products: rice, coffee, pork, canned vegetables in 2001 as follows:

The above award levels shall be applied to the amount of export turnover (calculated according to the FOB price at Vietnamese ports or equivalent delivery terms) obtained from the exported quantities in 2001. For export turnover obtained in foreign currencies other than USD, it shall be converted into US dollars (USD) at the inter-bank foreign exchange rate prevailing at the time of payment.

The source of the award fund is the Export Support Fund.

Article 2. The subjects eligible for the award based on export turnover in 2001 under Article 1 include enterprises of all economic components operating under the Law on State Enterprises, the Law on Enterprises, the Law on Cooperatives, and the Law on Foreign Investment in Vietnam that have exported agricultural products: rice, coffee, pork, canned vegetables (including cases where enterprises undertake export agency).

Article 3. The award based on export turnover shall not apply to the following situations:

Export goods for debt repayment;

Export goods under Government Agreements (except contracts supported according to the Prime Minister's directives);

Export goods for foreign aid;

Export goods under barter trade forms (except cases confirmed by the Ministry of Trade), re-exported goods.

Article 4. The procedures and documents for considering awards based on export turnover include:

The enterprise's letter requesting consideration of the award accompanied by a list of exported goods quantity and export turnover during the period according to the attached form (confirmed by the commercial bank where the enterprise has an account for receiving foreign currency from exports);

A copy of the export dossier including: Customs declaration, Sales Invoice, Export Contract, Bank Notification (confirmed and stamped by the enterprise);

Copies of cost documents: transportation, insurance... for exported goods (for cases where the enterprise does not export under FOB prices) confirmed and stamped by the enterprise;

Confirmation of the Ministry of Trade (for some barter trade cases).

Enterprises eligible for the award based on export turnover shall submit the above documents to the Ministry of Finance (State Enterprise Finance Department). Within ten days from the date of receipt of complete documents, the Ministry of Finance will review the documents and determine the award amount for each enterprise based on the announced award levels for each product and decide to allocate funds from the Export Support Fund to pay the award to the enterprise.

Enterprises must bear legal responsibility for the legality and accuracy of the documents related to the award based on export turnover. Commercial banks must bear responsibility for the accuracy of confirming the actual foreign currency received from the enterprise's export activities. The Ministry of Trade is responsible for checking and confirming the correct quantity and export turnover for export cases under barter trade forms.

Article 5. The deadline for considering and disbursing awards based on export turnover for the four products: rice, coffee, pork, canned vegetables in 2001 shall be implemented as follows:

For export turnover obtained from the exported quantities in the first six months of 2001, the consideration and disbursement of awards shall be carried out from July 1, 2001;

For export turnover obtained from the exported quantities in the last six months of 2001, the consideration and disbursement of awards shall be carried out quarterly, after the end of each quarter.

Article 6. Enterprises shall use the award money based on export turnover to offset business costs for the awarded export products and shall not use it to establish bonus or welfare funds.

Article 7. This Decision takes effect from January 1, 2001 and applies to export turnover obtained from the exported quantities in 2001.

The Director of the State Enterprise Finance Department, the Director of the State Budget Department, heads of relevant units, and exporting enterprises are responsible for implementing this Decision./.

                                                                                                                                                     Ministerial SIGNATURE
                                                                                                                                                     Deputy Ministerial SIGNATURE

(Signed)

Trần Văn Tá