Vietnam issues Decree 34 of 2025 amending Decrees in trực tiếp bóng đá k+ maritime in Vietnam: What is trực tiếp bóng đá k+ VAT rate applicable when a vessel is sold to a foreign organization?

Vietnam issuesDecree 34 of 2025 amending Decrees in trực tiếp bóng đá k+ maritime in Vietnam?

On February 25, 2025, trực tiếp bóng đá k+ Government of Vietnam issued Decree 34/2025/ND-CP to amend and supplement a number of articles of trực tiếp bóng đá k+ Decrees in trực tiếp bóng đá k+ maritime sector.

View details Decree 34 of 2025 amending and supplementing some articles of trực tiếp bóng đá k+ Decrees in trực tiếp bóng đá k+ maritime sector...Download

Article 4 of Decree 34/2025/ND-CP stipulates as follows:

- For ports and piers that have been authorized to receive load-reducing ships with technical specifications exceeding those of trực tiếp bóng đá k+ ships released in decisions promulgated before this Decree took effect, and which are currently being safely operated but lack an approved Maritime Safety Plan as required by clause 4 Article 1 of Decree 34/2025/ND-CP, such ports are allowed to continue receiving load-reducing ships with specifications exceeding those previously announced. However, they must obtain approval for a Maritime Safety Plan from trực tiếp bóng đá k+ competent authority no later than 12 months from when this Decree becomes effective.

- After 12 months from trực tiếp bóng đá k+ effective date of Decree 34/2025/ND-CP, ports and piers without an approved Maritime Safety Plan from trực tiếp bóng đá k+ competent authority will not be authorized to receive load-reducing ships with technical specifications exceeding those previously announced.

What is trực tiếp bóng đá k+ procedure for announcing trực tiếp bóng đá k+ opening of ports, piers, floating docks, and water areas, or temporarily putting ports, piers into operation in Vietnamaccording to Decree 34 of 2025?

As stated in clause 8 Article 1 of Decree 34/2025/ND-CP, which amends and supplements Article 14Nghị định 58/2017/NĐ-CP(as amended and supplemented by point a clause 4 Article 4Decree 69/2022/ND-CP), trực tiếp bóng đá k+ procedure for announcing trực tiếp bóng đá k+ opening of ports, piers, floating docks, water areas, or temporarily putting ports, piers into operation is as follows:

(1)After completing trực tiếp bóng đá k+ construction of ports, piers, floating docks, water areas, or partial construction of port facilities that meet legal construction requirements, trực tiếp bóng đá k+ investor shall submit 01 set of documents directly or via postal service or online public service system to trực tiếp bóng đá k+ Vietnam Maritime Administration to request trực tiếp bóng đá k+ announcement of trực tiếp bóng đá k+ opening or temporary operation of trực tiếp bóng đá k+ port, pier, floating dock, and water areas.

(2)trực tiếp bóng đá k+ investor is responsible for choosing an organization with trực tiếp bóng đá k+ function of conducting surveys, identifying obstacles, and clearing obstacles (if any) in trực tiếp bóng đá k+ water area of trực tiếp bóng đá k+ floating dock, in front of trực tiếp bóng đá k+ port, pier, and maritime channel as per regulations.

After completing trực tiếp bóng đá k+ survey, identification, and clearing of obstacles according to regulations, parties must organize acceptance and create an Acceptance Record for trực tiếp bóng đá k+ survey results, obstacle identification, and clearing in trực tiếp bóng đá k+ water area of trực tiếp bóng đá k+ floating dock, in front of trực tiếp bóng đá k+ port, pier, and maritime channel.

(3) trực tiếp bóng đá k+ application for announcing trực tiếp bóng đá k+ opening of ports, piers, floating docks, and water areas includes:

- Original or electronic form of trực tiếp bóng đá k+ Request Letter in Form No. 06 specified in trực tiếp bóng đá k+ Annex issued with Decree 34/2025/ND-CP;

- Copy or electronic copy of trực tiếp bóng đá k+ Acceptance Record for putting completed constructions into use, including a copy or electronic copy of trực tiếp bóng đá k+ Notification of Examination Results for construction acceptance as per construction regulations, as-built drawing, elevation plan, and cross-section drawing of trực tiếp bóng đá k+ port, pier, and water area;

- Copy or electronic copy of trực tiếp bóng đá k+ Decision approving trực tiếp bóng đá k+ environmental impact assessment report of trực tiếp bóng đá k+ project;

- Copy or electronic copy of trực tiếp bóng đá k+ Fire Prevention and Fighting Acceptance Record as per fire prevention regulations.

(4) trực tiếp bóng đá k+ application for temporary operation of ports, piers includes:

- Original or electronic version of trực tiếp bóng đá k+ Request Letter for temporary operation of ports, piers according to Form No. 06 stipulated in trực tiếp bóng đá k+ Annex issued with Decree 34/2025/ND-CP,

- Copy or electronic copy of trực tiếp bóng đá k+ Acceptance Record for finished construction items, construction according to construction law, as-built drawing, elevation plan, and cross-section drawing of construction items, port, pier construction;

- Copy or electronic version of trực tiếp bóng đá k+ Decision approving trực tiếp bóng đá k+ result of trực tiếp bóng đá k+ environmental impact assessment report of trực tiếp bóng đá k+ project;

- Copy or electronic version of trực tiếp bóng đá k+ Fire Prevention and Fighting Acceptance Record as per fire prevention law.

(5) Procedure for receiving and processing documents:

Step 1: trực tiếp bóng đá k+ Vietnam Maritime Administration receives trực tiếp bóng đá k+ documents. If trực tiếp bóng đá k+ documents are not valid, within 03 working days from trực tiếp bóng đá k+ date of receipt, trực tiếp bóng đá k+ Vietnam Maritime Administration will guide trực tiếp bóng đá k+ completion of trực tiếp bóng đá k+ documents as per trực tiếp bóng đá k+ Decree.

Step 2:If trực tiếp bóng đá k+ documents are valid, within 03 working days from trực tiếp bóng đá k+ date of receipt, trực tiếp bóng đá k+ Vietnam Maritime Administration announces trực tiếp bóng đá k+ opening of ports, piers, floating docks, and water areas or temporary operation of trực tiếp bóng đá k+ port, pier according to Form No. 07 in trực tiếp bóng đá k+ Annex issued with Decree 34/2025/ND-CP and sends it directly or via postal service or online public service system to trực tiếp bóng đá k+ investor.

(6)For seaports with only one port, pier, after completing trực tiếp bóng đá k+ procedure for opening trực tiếp bóng đá k+ seaport, before putting trực tiếp bóng đá k+ port, pier into use, trực tiếp bóng đá k+ investor must complete trực tiếp bóng đá k+ procedure to announce trực tiếp bóng đá k+ opening as stipulated in Article 14Nghị định 58/2017/NĐ-CP.

(7)For water areas or facilities served solely for pilot transfers, quarantine, storm haven, or ship waiting to dock at a port, pier, or berth, or public service ships with no transference of goods or other transport services, documents at points c and d of clause 3 in this Article and trực tiếp bóng đá k+ Notification Document for completion and use acceptance are not required when declaring operational deployment.

(8) trực tiếp bóng đá k+ temporary operations period of ports, piers according to trực tiếp bóng đá k+ project acceptance record does not exceed 12 months maximum.

(9)For temporary maritime infrastructure services specified in Article 25Decree 58/2017/ND-CPmade for project construction purposes, when announced for use, submission of documents under points c and d, clause 3 of Article 14Decree 58/2017/ND-CPand trực tiếp bóng đá k+ Notification Document of acceptance approval for project completion and use is not required.

(10)For water areas established solely for ship docking and cargo transshipment without construction investment, when announced for use, submission of documents under point d clause 3Nghị định 58/2017/NĐ-CPand trực tiếp bóng đá k+ Notification Document of acceptance approval for project completion and use is not required.

Vietnam: What is trực tiếp bóng đá k+ VAT rate applicable when a vessel is sold to a foreign organization?

Based on guidance inOfficial Dispatch 27084/CTHN-TTHT of 2023regarding Value Added Tax (VAT) rates as follows:

"Based on trực tiếp bóng đá k+ regulatory provisions, if Vietnam Joint Stock Commercial Maritime Bank sells trực tiếp bóng đá k+ vessel named Cong Minh 18 (which is permitted only for international transport, not domestic transport) to a foreign entity or individual for use outside of Vietnam, trực tiếp bóng đá k+ 0% VAT rate applies if conditions under point a Clause 2 Article 9 Circular 219/2013/TT-BTC dated December 31, 2013, of trực tiếp bóng đá k+ Ministry of Finance are met."

"If Vietnam Joint Stock Commercial Maritime Bank sells trực tiếp bóng đá k+ vessel named Cong Minh 18 (a domestic trading vessel) to a foreign entity or individual for use in Vietnam, trực tiếp bóng đá k+ VAT rate applied is 10% as stated in Article 11 of Circular 219/2013/TT-BTC."

Furthermore, referencing point a clause 2 Article 9Circular 219/2013/TT-BTCwhich specifies trực tiếp bóng đá k+ conditions for applying a 0% tax rate to exported goods as follows:

0% Tax Rate

....

2. Conditions for applying a 0% tax rate:

a) For exported goods:
- An export sales or processing contract; an export authorization contract;
- Documentation of payment for exported goods through a bank and other legal documents;
- A customs declaration in accordance with clause 2 Article 16 of this circular.

For goods sold with trực tiếp bóng đá k+ delivery point outside Vietnam, trực tiếp bóng đá k+ business establishment (seller) must have paperwork evidencing trực tiếp bóng đá k+ delivery of goods outside Vietnam, such as: purchase contract with trực tiếp bóng đá k+ seller of goods abroad, sales contract to trực tiếp bóng đá k+ buyer, documents confirming goods delivery outside Vietnam like commercial invoice in international practice, bill of lading, packing list, certificate of origin, etc.; documents for bank payment include: documentation of trực tiếp bóng đá k+ business establishment's payment to trực tiếp bóng đá k+ foreign seller, documentation of trực tiếp bóng đá k+ payment by trực tiếp bóng đá k+ buyer to trực tiếp bóng đá k+ business establishment through trực tiếp bóng đá k+ bank.

...

Based on these provisions, a vessel sold to a foreign organization for use outside of Vietnam is eligible for a 0% VAT rateif trực tiếp bóng đá k+ following conditions are met:

- Presence of an export sales or processing contract; an export authorization contract.

- Documentation of payment for exported goods through a bank and other legal documents as required by law.

- If trực tiếp bóng đá k+ delivery and receipt of goods occur outside of Vietnam, trực tiếp bóng đá k+ seller must provide documentation proving it according to legal requirements.