On November 2, 2023, the Government issued Decree No. 77/2023/NĐ-CP on the management of the import of refurbished goods under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) (“Decree 77”).
Now, let’s explore the details together with Bizlawyer!
Here are some notable contents of this Decree:
- Imported refurbished goods into Vietnam must meet the following three conditions:
- Have an import license as regulated;
- Comply with the rules of origin of goods under the CPTPP;
- Comply with the relevant regulations of Vietnamese law and sector-specific laws applicable to newly imported goods of the same type, including regulations on: product labels, product quality, standards, technical specifications, energy performance, etc.
- When circulating in the market, the original label or a supplementary label of refurbished goods must display the phrase “Refurbished Goods” in Vietnamese in a visible and readable manner with the naked eye.
- The refurbishment code has a maximum validity period of 5 years from the date of issuance. The refurbishment code is granted to enterprises or trademark owners proving refurbishment capability, warranty policy, and trademark usage rights.
Decree 77 is effective from January 01, 2024.
The above is the entire content of the Legal News: Regulations on the import of refurbished goods into Vietnam under CPTPP.
* This news is for informational purposes only regarding newly issued legal regulations and is not intended for specific case consultation or application.
We hope the information above is helpful to our readers.
