Vietnam Circular 48/2026/TT-BCT: Trade Compliance Regulations

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CIRCULAR 48/2026/TT-BCT: DETAILED HS CLASSIFICATION FOR PROHIBITED IMPORTS AND TRADE COMPLIANCE REGULATIONS Effective September 5, 2026, Circular No. 48/2026/TT-BCT officially took effect to implement key provisions of the Law on Foreign Trade Management and Decree No. 292/2026/ND-CP. Key regulatory points for cross-border supply chain operations: - Strict HS Code Mapping for Prohibited Used Goods: Detailed HS codes are mandated for used consumer goods and used vehicles banned from importation. Target categories include plastics, apparel, footwear, wood products, paper, household appliances, electrical and electronic equipment, furniture, as well as specific used motorcycles, bicycles, and auto parts. - Tariff-Rate Quota (TRQ) Mechanisms: Outlines management lists per WTO commitments and active FTAs for commodities including unmanufactured tobacco, cane/beet sugar, salt, and poultry eggs, along with designated scopes for rice and motor vehicles. Allocation methods include auctions, dossier appraisals, pre-registration, or designated importers. - Rough Diamond Trade Controls (Kimberley Process): Traders must satisfy statutory conditions for KP certificate issuance (valid for two months from the date of issue) and conform to verification requirements to maintain transparency in mineral supply chains. - Transitional Provisions: Outlines continuity protocols for licenses, regulatory permits, and pending filings submitted prior to September 5, 2026. Full text of Circular 48/2026/TT-BCT and the itemized HS code schedule below

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