Israel - Vietnam FTA (2023)
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Viet Nam reserves the right to adopt or maintain any measure with respect to the construction, operation and management of river ports, sea ports and airports.

This entry shall not be invoked to nullify the commitments set out in Viet Nam’s Annex I.

Existing Measures:

14 Sector: All sectors

Sub sector:

Obligations Concerned:

Market Access

National Treatment

Most-Favoured-Nation Treatment

Performance Requirements

Senior Management and Board of Directors

Description: Investment

Viet Nam reserves the right to adopt or maintain any measure with respect to maintaining food security.

Existing measures: - Administrative measures

15 Sector: All sectors

Sub sector:

Obligations Concerned:

Market Access

National Treatment

Description: Cross-Border Trade in Services and Investment

Viet Nam reserves the right to adopt or maintain any measure with respect to securities to be listed or listed on a stock exchange and any matter relating to the acquisition of interests in, take-overs of, and mergers of a public-listed company.

Existing measures: - Law on Investment No. 61/2020/QH14 dated 17 June 2020

- Law on Securities No. 54/2019/QH14 dated 26 November 2019

- Administrative measures

16 Sector: All sectors

Sub sector:

Obligations Concerned:

Market Access

National Treatment

Most-Favoured-Nation Treatment

Performance Requirements

Local Presence

Senior Management and Board of Directors

Description: Cross-Border Trade in Services and Investment

Viet Nam reserves the right to adopt or maintain any measure relating to activities:

- In the event those activities restricted to designated enterprises are liberalised to those other than the designated entities; or

- In the event such designated enterprise no longer operates on anoncommercial basis.

Existing measures:

17 Sector: All sectors

Sub sector:

Obligations Concerned:

Market Access

National Treatment

Description: Investment

Viet Nam reserves the right to adopt or maintain any measure withrespect to establishment and operation of co-operatives, union of co-operatives, household business and sole-proprietorship.

Existing measures:

18 Sector: Manufacturing and Agriculture

Sub sector: Manufacturing

- Production of firecrackers, including fireworks (ISIC 2927);

- Production of sky-lanterns (ISIC 3150);

- Production of fishing-net (ISIC 1723);

- Production and supply of explosive materials (ISIC 2429);

- Production of cigarettes and cigars (ISIC 1600);

- Production of alcoholic beverages and soft drink (ISIC 1551);

- Production of tobacco production (ISIC 1600);

- Production of lubrication oil, grease (ISIC 2320);

- Production of NPK fertilizer (ISIC 2412);

- Production of construction glasses (ISIC 2610);

- Production of clay bricks (ISIC 2693);

- Production of vertical shaft cement production equipment and burnt earth bricks and tiles (ISIC 2694);

- Production of D6-D32 mm construction steel rods and D15-D114mm seam steel pipe; zinc galvanized and color sheets (ISIC 2710);

- Production of fluorescent tubes and bulbs (ISIC 3150);

- Production of under 10000DWT cargo ships; under 800 TEU container ships; lighters and under 500 seats passenger ships (ISIC 3511);

- Production of oil-well cement, barite and betonies for drilling fluids (ISIC 2694);

- Production and supply of industrial explosive materials using in oil and gas activities (ISIC 2429);

- Cane sugar production (ISIC 1542).

Agriculture

Cultivating, producing or processing rare or precious plants, breeding or husbandry of precious or rare wild animal and processing of those plants or animals (including both living animals and processed matter taken from animals) (9).

(9) A list of rare or precious plants and animals can be found at: www.kiemlam.org.vn

Obligations Concerned:

Market Access

National Treatment

Most-Favoured-Nation Treatment

Performance Requirements

Senior Management and Boards of Directors

Description: Investment

Viet Nam reserves the right to adopt or maintain any measure relating to investment in these above-mentioned sectors and sub-sectors.

Existing measures:

- Administrative measures

- Law on Investment No. 61/2020/QH14 dated 17 June 2020

- Law on Environment protection No. 72/2020/QH14 dated 17 November 2020

- Law on Oil and Gas No. 51/VBHN-VPQH dated 10 December 2018

- Law on Oil and Gas No.10/2008/QH12 dated 03 June 2008 amending Law on Oil and Gas No. 19/2000/QH10 dated 9 June 2000

- Decree No. 59/2006/ND-CP dated 12 June 2006

- Decree No. 19/VBHN-BCT dated 09 May 2014

- Decision No. 95/2009/QD-TTg dated 17 July 2009

- Decree No. 67/2013/ND-CP dated 27 June 2013

- Decision No. 58/2003/QD-TTg dated 17 April 2003

- Decree No. 59/2005/ND-CP dated 4 May 2005

- Decree No. 14/2009/ND-CP dated 13 February 2009 amending Decree No. 59/2005/ND-CP dated 4 May 2005

- Circular No. 62/2008/TT-BNN dated 20 May 2008

- Decree No. 06/2019/ND-CP dated 22 January 2019

19 Sector: Professional services

Sub-sector: Accounting and bookkeeping services (CPC 862)

Taxation services (CPC 863)

Obligations Concerned:

Local Presence

Performance Requirement

Description: Cross-Border Trade in Services and Investment

Viet Nam reserves the right to adopt or maintain any measure which may be inconsistent with the obligations of Local presence and Performance requirement in the above sub-sectors.

Existing measures: - Law on Accounting No. 88/2015/QH13 dated 20 November 2015

- Decree No. 174/2016/ND-CP dated 30 December 2016

- Circular No. 292/2016/TT-BTC dated 15 November 2016

- Circular No. 296/2016/TT-BTC dated 15 November 2016

- Circular No. 297/2016/TT-BTC dated 15 November 2016

20 Sector: Rental/Leasing Services without Operators

Sub-sector: Relating to other machinery and equipment (CPC 83109)

Obligations Concerned:

Market Access

National Treatment

Description: Cross-Border Trade in Services and Investment

Viet Nam reserves the right to adopt or maintain any measure with respect to cross-border supply in rental/leasing services without operators relating to machinery and equipment, except for industrial machinery and equipment.

Viet Nam reserves the right to adopt or maintain any measure with respect to investment in rental/leasing services without operators relating to machinery and equipment.

Existing measures:

21 Sector: Distribution Services

Sub-sector:

Obligations Concerned:

Market Access

National Treatment

Most-Favoured-Nation Treatment

Local Presence

Performance Requirements

Senior Management and Boards of Directors

Description: Cross-Border Trade in Services and Investment

- Viet Nam reserves the right to adopt or maintain any measure in regard of cross-border trade in:

(i) Commission agents' services (CPC 621, 61111, 6113, 6121)

(ii) Wholesale trade services (CPC 622, 61111, 6113, 6121)

(iii) Retailing services (CPC 631 + 632, 61112, 6113, 6121) (10)

(10) For transparency purposes, these services include multi-level sales by properly trained and certified Vietnamese individual commission agents away from a fixed location for which remuneration is received both for the sales effort and for sales support services that result in additional sales by other contracted distributors.

regarding the distribution of products other than products for personal use and legitimate computer software for personal and commercial use.

- Viet Nam reserves the right to adopt or maintain any measure in regard of cross-border trade in services and investment regarding cigarettes and cigars, publications (11), video records on whatever medium, precious metals and stones, pharmaceutical products and drugs (12), explosives, processed oil and crude oil, rice, cane and beet sugar.

(11) For greater clarity, publications include but are not limited to: - Printed books, books printed in Braille, e-books (work read or heard through electronic devices, digital devices or the internet); - Calendars, tear-off calendars, pocket calendars, book calendars, desk calendars; - Pictures, photos, maps, posters, leaflets, and brochures with content specified in Article 4 of the Publication Law; - Audio tapes and discs, video tapes, and discs substituting or illustrating books.
(12) For the purposes of this schedule, "pharmaceuticals and drugs" do not include non-pharmaceutical nutritional supplements in tablet, capsule or powdered form.

Existing measures: - Law on Trade No. 36/2005/QH11 dated 14 June 2005

- Decree No. 09/2018/ND-CP dated 15 January 2018

22 Sector: Other Business Services

Sub sector: Services incidental to manufacturing (CPC 884 and 885)

Obligations Concerned:

Market Access

National Treatment

Description: Investment

  • Chapter   1 INITIAL PROVISIONS AND GENERAL DEFINITIONS 1
  • Section   A Initial Provisions 1
  • Article   1.1 Establishment of a Free Trade Area 1
  • Article   1.2 Objectives 1
  • Article   1.3 Relation to other Agreements 1
  • Article   1.4 Extent of Obligations 1
  • Section   B General Definitions 1
  • Article   1.5 Definitions of General Application 1
  • Chapter   2 TRADE IN GOODS 1
  • Article   2.1 Definitions 1
  • Article   2.2 Scope and Coverage 1
  • Article   2.3 National Treatmebt 1
  • Article   2.4 Reduction or Elimination of Customs Duties 1
  • Article   2.5 Import and Export Restrictions 1
  • Article   2.6 Trade Related Non-Tariff Measures 1
  • Article   2.7 Import Licensing 1
  • Article   2.8 Administrative Fees and Formalities 1
  • Article   2.9 Agricultural Export Subsidies 1
  • Article   2.10 Administration of Trade Regulations 1
  • Article   2.11 Contact Points and Consultations 1
  • Article   2.12 Sub-Committee on Trade In Goods 1
  • Chapter   3 RULES OF ORIGIN 1
  • Article   3.1 Definitions 1
  • Article   3.2 Originating Good 1
  • Article   3.3 Cumulation of Origin 2
  • Article   3.4 Wholly Obtained Goods 2
  • Article   3.5 Sufficiently Worked or Processed Goods 2
  • Article   3,6 De Minimis 2
  • Article   3.7 Insufficient Working or Processing 2
  • Article   3.8 Unit of Qualification 2
  • Article   3.9 Accounting Segregation 2
  • Article   3.10 Accessories, Spare Parts and Tools 2
  • Article   3.11 Sets 2
  • Article   3.12 Neutral Elements 2
  • Article   3.13 Principle of Territoriality 2
  • Article   3.14 Direct Transport 2
  • Article   3.15 Exhibitions 2
  • Article   3.16 Proof of Origin 2
  • Article   3.17 Electronic Origin Data Exchange 2
  • Article   3.18 Procedures for the Issuance of Certificates of Origin 2
  • Article   3.19 Certificates of Origin Issued Retrospectively 2
  • Article   3.20 Duplicate Certificates of Origin 2
  • Article   3.21 Approved Exporter 2
  • Article   3.22 Conditions for Making Out an Origin Declaration 2
  • Article   3.23 Validity of Proofs of Origin 2
  • Article   3.24 Submission of Proofs of Origin 2
  • Article   3.25 Importation by Instalments 2
  • Article   3.26 Exemptions from Proofs of Origin 2
  • Article   3.27 Supporting Documents 3
  • Article   3.28 Preservation of Proofs of Origin and Supporting Documents 3
  • Article   3.29 Discrepancies and Formal Errors 3
  • Article   3.30 Mutual Assistance 3
  • Article   3.31 Verification of Proofs of Origin 3
  • Article   3.32 Denial of Preferential Treatment 3
  • Article   3.33 Dispute Settlement 3
  • Article   3.34 Amendments to the Chapter 3
  • Article   3.35 Sub-Committee on Customs and Rules of Origin 3
  • Chapter   4 CUSTOMS ADMINISTRATION AND TRADE FACILITATION 3
  • Article   4.1 Customs Cooperation 3
  • Article   4.2 Customs Procedures 3
  • Article   4.3 Release of Goods 3
  • Article   4.4 Risk Management 3
  • Article   4.5 Transparency 3
  • Article   4.6 Advance Rulings 3
  • Article   4.7 Review and Appeal 3
  • Article   4.8 Confidentiality 3
  • Article   4.9 Subcommittee on Customs and Rules of Origin 3
  • Chapter   5 Trade Remedies 3
  • Section   A Bilateral Safeguard Measures 3
  • Article   5.1 Definitions 3
  • Article   5.2 Application of a Bilateral Safeguard Measure 3
  • Article   5.3 Limitations for Applying a Bilateral Safeguard Measure 3
  • Article   5.4 Investigation Procedures 3
  • Article   5.5 Provisional Bilateral Safeguard Measures 3
  • Article   5.6 Notification and Consultations 3
  • Article   5.7 Compensation 3
  • Section   B Global Safeguard Measures 3
  • Article   5.8 Imposition of Global Safeguard Measures 3
  • Section   C Anti-dumping and Countervailing Measures 4
  • Article   5.9 Anti-dumping and Countervailing Measures 4
  • Section   D General Provision 4
  • Article   5.10 Selection of Measures 4
  • Chapter   6 SANITARY AND PHYTOSANITARY MEASURES 4
  • Article   6.1 Definitions 4
  • Article   6.2 Objectives 4
  • Article   6.3 Scope 4
  • Article   6.4 General Provisions 4
  • Article   6.5 SPS Contact Points 4
  • Article   6.6 Adaptation to Regional Conditions 4
  • Article   6.7 Equivalence 4
  • Article   6.8 Procedure of Listing Establishments 4
  • Article   6.9 Communication and Exchange of Information 4
  • Article   6.10 Sub-Committee on SPS 4
  • Article   6.11 Technical Cooperation 4
  • Article   6.12 Consultations 4
  • Article   6.13 Emergency Measures 4
  • Chapter   7 TECHNICAL BARRIERS TO TRADE 4
  • Article   7.1 Definitions 4
  • Article   7.2 Objectives 4
  • Article   7.3 Scope 4
  • Article   7.4 General Provisions 4
  • Article   7.5 International Standards, Guides and Recommendations 4
  • Article   7.6 Conformity Assessment Procedures 4
  • Article   7.7 Transparency 4
  • Article   7.8 Information Exchange and Technical Discussions 4
  • Article   7.9 Cooperation on TBT Related Issues 5
  • Article   7.10 Sub-Committee on Technical Barriers to Trade 5
  • Article   7.11 Contact Points 5
  • Chapter   8 Cross-Border Trade In Services 5
  • Article   8.1 Definitions 5
  • Article   8.2 Scope 5
  • Article   8.3 National Treatment 5
  • Article   8.4 Most-Favoured-Nation Treatment (3) 5
  • Article   8.5 Market Access 5
  • Article   8.6 Local Presence 5
  • Article   8.7 Non-Conforming Measures 5
  • Article   8.8 Domestic Regulation 5
  • Article   8.9 Transparency In Developing and Applying Regulations (5) 5
  • Article   8.10 Recognition 5
  • Article   8.11 Payments and Transfers 5
  • Article   8.12 Restrictions to Safeguard the Balance-of-Payments 5
  • Article   8.13 Denial of Benefits 5
  • Article   8.14 Exceptions 5
  • Chapter   9 INVESTMENT 5
  • Section   A General Provision 5
  • Article   9.1 Definitions 5
  • Article   9.2 Scope and Coverage 6
  • Article   9.3 Right to Regulate 6
  • Section   B Non-Discrimination and Liberalisation of Investment 6
  • Article   9.4 National Treatment 6
  • Article   9.5 Most-Favoured Nation Treatment 6
  • Article   9.6 Performance Requirements 6
  • Article   9.7 Senior Management and Board of Directors 6
  • Article   9.8 Non-Conforming Measures 6
  • Article   9.9 Special Formalities and Information Requirements 6
  • Section   C Investment Promotion and Protection 6
  • Article   9.10 Scope of Investment Protection 6
  • Article   9.11 Treatment of Investments 6
  • Article   9.12 Losses and Compensation 6
  • Article   9.13 Expropriation and Compensation (4) 6
  • Article   9.14 Transfers (6) 6
  • Article   9.15 Subrogation 6
  • Article   9.16 Taxation Measures (7) 7
  • Article   9.17 Denial of Benefits 7
  • Article   9.18 General Exceptions 7
  • Section   D Investor – State Dispute Settlemen 7
  • Article   9.19 Consultation and Negotiation 7
  • Article   9.20 Submission of Claim to Arbitration 7
  • Article   9.21 Consent of Each Party to Arbitration 7
  • Article   9.22 Conditions and Limitations on Consent of Each Party 7
  • Article   9.23 Selection of Arbitrators 7
  • Article   9.24 Place of Arbitration 7
  • Article   9.25 Places of Hearings and Procedural Language 7
  • Article   9.26 Conduct of Arbitration 7
  • Article   9.27 Third-Party Funding 7
  • Article   9.28 Governing Law 7
  • Article   9.29 Awards 7
  • Section   E Final Provisions 7
  • Article   9.30 Duration and Termination 7
  • Annex 9A   Expropriation 7
  • Annex 9B   Temporary Safeguard Measures 8
  • Annex 9C   Taxation and Expropriation 8
  • Annex 9D   Submission of a Claim to Arbitration with respect to Subparagraphs 2(b) and 2(c) of Article 9.22 (Conditions and Limitations on Consent of Each Party) 8
  • Chapter   10 GOVERNMENT PROCUREMENT 8
  • Article   10.1 Cooperation 8
  • Article   10.2 Information on the Procurement System 8
  • Article   10.3 Consultations 8
  • Article   10.4 Non-Application of Dispute Settlement 8
  • Article   10.5 Contact Points 8
  • Article   10.6 Review 8
  • Chapter   11 EXCEPTIONS 8
  • Article   11.1 General Exceptions 8
  • Article   11.2 Security Exceptions 8
  • Article   11.3 Taxation 8
  • Article   11.4 Disclosure of Information 8
  • Chapter   12 TRANSPARENCY 8
  • Article   12.1 Publication 8
  • Article   12.2 Provision of Information 8
  • Article   12.3 Administrative Proceedings 8
  • Chapter   13 ADMINISTRATION OF THE AGREEMENT 8
  • Article   13.1 Establishment of the Joint Committee 8
  • Article   13.2 Procedures of the Joint Committee 8
  • Article   13.3 Functions of the Joint Committee 8
  • Article   13.4 Establishment of Subcommittees, Working Groups and other Bodies 8
  • Article   13.5 Free Trade Agreement Coordinators 8
  • Chapter   14 DISPUTE SETTLEMENT 8
  • Article   14.1 Objective 8
  • Article   14.2 Scope 9
  • Article   14.3 Mutually Agreed Solution 9
  • Article   14.4 Consultations 9
  • Article   14.5 Good Offices, Conciliation or Mediation 9
  • Article   14.6 Choice of Forum 9
  • Article   14.7 Qualification of Arbitrators 9
  • Article   14.8 Request for the Establishment of an Arbitral Tribunal 9
  • Article   14.9 Terms of Reference of the Arbitral Tribunal 9
  • Article   14.10 Composition of the Arbitral Tribunal 9
  • Article   14.11 Function of Arbitral Tribunals 9
  • Article   14.12 Proceedings of Arbitral Tribunals 9
  • Article   14.13 Suspension and Termination of Proceedings 9
  • Article   14.14 Implementation of Report 9
  • Article   14.15 Compensation and Suspension of Benefits 9
  • Article   14.16 Time Frames 9
  • Article   14.17 Remuneration and Expenses 9
  • Annex 14-A   RULES OF PROCEDURE 9
  • Annex 14-B   CODE OF CONDUCT 10
  • UNDERTAKING IN THE MATTER OF PROCEEDING (TITLE) 10
  • Chapter   15 FINAL PROVISIONS 10
  • Article   15.1 Annexes, Appendices and Footnotes 10
  • Article   15.2 Amendments 10
  • Article   15.3 Entry Into Force 10
  • Article   15.4 Duration and Termination 10
  • Article   15.5 Amendments to the WTO Agreement 10
  • ANNEX I   RESERVATIONS FOR EXISTING MEASURES SCHEDULE OF THE STATE OF ISRAEL 10
  • ANNEX II   RESERVATIONS FOR FUTURE MEASURES. SCHEDULE OF THE STATE OF ISRAEL 12
  • ANNEX I   RESERVATIONS FOR EXISTING MEASURES. SCHEDULE OF VIET NAM 17
  • ANNEX II   RESERVATIONS FOR FUTURE MEASURES. SCHEDULE OF VIET NAM 21
  • Appendix II-A   Viet Nam 26