

Vietnam Customs
January 21st, 2024
Helpful Tips For Import And Export Techniques In Vietnam
Importing and exporting products can be a challenge for businesses in Vietnam. Vietnam Briefing outlines an overall step-by-step guide for import and export measures in Vietnam. We have a look at registration, license permit requirements, customs procedures, and duties applied.
Vietnam doesn't need a business to experience a separate import or export license to engage in import and export activities in the united states.
The most frequent entity for investors trying to take part in import and export activities, and also embark on domestic distribution of products, is defined an investing company. It is deemed an inexpensive establishment option with no minimum capital contribution required.
However, in the event that an importer would like to sell imported products to Vietnamese consumers, they need to get an additional trading license should be obtained to legalize the method. Establishing a trading company takes approximately three months while having a trading license can take 1-3 months.
n practice, businesses that desire to import to Vietnam without establishing a local legal entity can utilize an importer of record to facilitate the method. This plan allows foreign companies that have enough time constraints, desire to test the market industry, or only import once or twice to handle logistical, regulatory, and language barriers.
Certain goods require companies to have permits through the government. Additionally, petroleum oil is banned from exports while goods banned from imports include cigars, tobacco, petroleum oils, newspapers and journals, and aircraft.
Customs procedures
All goods imported or exported in Vietnam are susceptible to the Vietnam customs clearance standards, which effectively look at the quality, specifications, quantity, and number of goods. Of these, certain imported merchandise is be subject to inspection.
For instance, imported pharmaceuticals must undergo testing and will include documents detailing product use, dosage, and expiration dates (coded in Vietnamese), which must be contained in or around the appearance.
Customs documents required by Vietnam
Companies which import or export goods must submit a dossier of documents, which include no less than the company’s business registration certificate and import/export business code registration certificate for the customs authorities. Depending on the imports or exports under consideration, authorities may request the following additional documents:
Documents needed for importing goods include:
Bill of lading;
Import goods declaration form;
Import permit (for restricted goods);
Certificate of origin;
Cargo release order;
Commercial invoice;
Customs import declaration form;
Inspection report;
Packing list;
Delivery Order (for goods imported through seaports);
Technical standard/health certificate; and
Terminal handling receipts.
The documents needed for exporting goods include:
Electronic Export Customs Declaration (E-Form HQ/2015/XK);
Bill of lading;
Contract;
Certificate of origin;
Commercial invoice;
Customs export declaration form;
Export Permit;
Packing list; and
Technical standard/health certificate.
Export shipments could be completed on the same day while import shipments typically take around 1 to 3 days to accomplish for full container loads (FCL) and less than container loads (LCL), respectively.
Optimizing your customs experience
Vietnam’s customs procedures are complex and subject to change with practically no warning. For up-to-date information on clearance regulations, processing times, or applying for the priority program, it can be advised to talk with government officials or possibly a professional service firm that will move the business with any cumbersome procedures and legalities.
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