HA NOI — Draft regulations now being written by the Ministry of Trade (MoT) will allow US - owned enterprises in Viet Nam to import materials and goods.
The new regulations accord with provisions of the 2002 Viet Nam – US Bilateral Trade Agreement, says a statement issued by MoT.
The provisions stipulate that America-owned producers and manufacturers would be allowed to import material three years after the agreement became effective.
The exceptions are the export-processing industry and services, including hospitality, insurance and consultancy, it says.