Decision No. 718/2001/QD-BKH dated December 07, 2001 of the Ministry of Planning and Investment on issuing the list of industrial products which must ensure to export by at least 80 percent of products

DECISION

ON ISSUING THE LIST OF INDUSTRIAL PRODUCTS WHICH MUST ENSURE TO EXPORT BY AT LEAST 80 PERCENT OF PRODUCTS

THE MINISTER OF PLANNING AND INVESTMENT

Pursuant to Decree No. 75/CP of November 01, 1995 of the Government stipulating the functions, tasks, and powers of the Ministry of Planning and Investment;

Pursuant to Decree No. 24/2000/ND-CP of July 31, 2000 of the Government detailing the implementation of the Law on Foreign Investment in Vietnam;

After the unification of opinions of the relevant Ministries and Branches,

DECIDES:

Article 1.To issue together with this Decision the List of industrial products that the foreign invested projects must ensure to export at least 80 per cent of its products.

Article 2.This List shall apply to foreign invested projects which have been granted Investment Licenses according to the Law on Foreign Investment in Vietnam as from the date the Decision takes effect and concurrently be the basis for adjustment of the product export percentage for the granted Investment Licenses under the scope of regulation of Decision No. 229/1998/QD-BKH of April 29, 1998.

Article 3.This Decision takes effect 15 days after its signing and replaces Decision No. 229/1998/QD-BKH of April 29, 1998 of the Ministry of Planning and Investment. All previous provisions which are contrary to this Decision are hereby annulled.

LIST OF INDUSTRIAL PRODUCTS WHICH MUST ENSURE TO EXPORT AT LEAST 80 PER CENT OF PRODUCTS
(Issued together with Decision No. 718/2001/QD-BKH of December 07, 2001 of the Ministry of Planning and Investment)

1. Two-wheel motorbikes

2. Tourist cars and trucks of under 10 tons

3. Hydraulic water pump of under 30,000m³/h, living water pump of under 540m³/h.

4. Low and medium-voltage cable

5. Normal communication cable

6. Sea-transporting ships of under 30,000 DWT; fishing boats of under 1,000 cv, river-ships, canoes, barges (applicable to 100% foreign invested projects)

7. Audiovisual products

8. Shaped aluminum products

9. Popular construction steel (F < 40 mm)

10. NPK fertilizer

11. PVC plastic

12. Bicycles and spare parts

13. Distribution transformers of under 35 KV

14. Diesel engines of under 15 cv