Finance investment grade 6 20 10-08-07 1. China investors or Chinese-funded enterprises may apply to the investment examination and approval department for the right to operate import and export. After being approved, they can buy goods directly from dealers and export them, or they can import goods from abroad and sell them to dealers. Import and export procedures can be handled directly at Vietnam Customs. 2。 Commodity distribution. More and more foreign businessmen are allowed to provide commission agency, wholesale and retail services for legally imported goods and domestic goods, but they must form joint ventures with Vietnamese partners. 3。 Foreign businessmen engaged in commodity import, export and distribution activities are required to report their financial status to the investment examination and approval department regularly. The investment approval department regularly reports the approval, cancellation, supplement and change of the investment license to the Ministry of Industry and Trade every quarter. 4。 Relevant formalities: import and export of commodities. Foreign investors who invest in Vietnam for the first time and apply for commodity import and export need to apply for an investment license. Enterprises that have invested in Vietnam only need to go through the formalities on the basis of the original investment license when applying for commodity import and export. The investment approval department does not need to seek the opinions of the Ministry of Industry and Trade. 5。 Commodity distribution. When Chinese businessmen invest in Vietnam for the first time and apply for commodity distribution, they need to apply for an investment license. The investment approval department needs to seek the opinions of the Ministry of Industry and Trade. Enterprises investing in Vietnam need to apply for increasing commodity distribution services. After soliciting the opinions of the Ministry of Industry and Trade, the investment examination and approval department may issue a new investment license and withdraw the original license. 6。 After establishing a first-class retail system, foreign-funded enterprises need to apply to the investment examination and approval department for relevant procedures if they add a new retail system. The investment approval department needs to seek the opinions of the Ministry of Industry and Trade. Q: Thank you for your answer. But what I want to know is the kind that runs a small clothing store. The scale of an enterprise has not been established. I wonder if your answer can be more specific? There are some formalities and taxes to pay. Thank you.