Vietnamese Regulations on Certificates of Free Sale - Vietnam Briefing News
HANOI – Regulations covering the Certificate of Free Sale (CFS) were devised under Decision No. 10/2010/QD-TTg promulgated on February 2, 2010. The laws went into effect on May 1, 2010 and required businesses to provide CFS that are issued by exporting countries or territories that verify that the product is manufactured and freely sold in the country where it is manufactured.
The CFS requirement affects traders, state management agencies, manufacturers, organizations and individuals in Vietnam. A CFS is valid for two years from the date of issue and must contain the following details:
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- Name of the CFS issuing agency
- Reference number
- Date of issuance
- Name of the certified product or goods
- Type or group of the certified product or goods
- Name and address of the manufacturer
- Statement that the product or good is manufactured and freely sold in the market of the country of manufacture
- Full name, signature and title of the CFS-issuing person and seal of the CFS issuer
Individuals and companies applying for a CFS must complete the following:
- Register a trader dossier with the CFS issuer
- Submit a CFS application dossier to the CFS issuer
- Prove that the exports satisfy CFS issuance requirements
- Take responsibility before law for the accuracy and truthfulness of declarations related to the CFS application
- If errors exist in a CFS due to a trader’s mistake, then, in order to be issued a new CFS, the applicant must notify the CFS issuer
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