Banks raise deposit interest rates
In need of raising medium...
Franchise explosion in Vietnam
Franchise has facilitated...
6 leading economic sectors in Central region
There are 6 coastal and m...
91.9% companies are optimistic about production activities in the last 6 months this year
FDI companies sector is w...
CPTPP makes shift of Vietnam from deficit to surplus
Most signed free trade ag...
- 27 / 04 / 2019 -
Provisions on the import of used technological line machinery

On April 19th, 2019, the Prime Minister issued Decision No. 18/2019/QD-TTg stipulating the import of used technological line machines, Decision 18/2019/QD-TTg will effective from May 16, 2019
Accordingly, Decision 18/2019/QD-TTg regulates the import of used line machinery as follows:
Age of equipment does not exceed 10 years; For machinery and equipment in some specific areas, it may be over 10 years but not exceeding 15 years or 20 years;
Produced according to standard;
Compliance with QCVN regulations on safety, energy saving and environmental protection;
In case there is no related QCVN, the imported machinery and equipment must be: Manufactured in accordance with the Vietnamese technical standards of Vietnam or the national standard of one of G7 countries and Korea Safe, energy saving and environmental protection. training courses to start business, business administration and intensive business administration.
Thus, Decision 18/2019/QD-TTg provides more detailed age of equipment for machinery and equipment in some specific fields than Circular 23/2015/TT-BKHCN dated 13/11/2015) create favorable conditions and a clear legal mechanism for importing machinery and equipment for businesses when they want to import used machinery and equipment into Vietnam.