Importing and exporting products could be a challenge for businesses in Vietnam. Vietnam Briefing outlines a general step-by-step guide for import and export process in Vietnam. Additionally we examine registration, license permit requirements, customs procedures, and duties applied.

Vietnam does not need an organization to experience a separate import or export license to engage in import and export activities in the united kingdom.

The commonest entity for investors trying to embark on import and export activities, along with take part in domestic distribution of merchandise, is placed a trading company. This is an inexpensive establishment option without having minimum capital contribution required.

However, in case an importer would like to sell imported products to Vietnamese consumers, they must get an additional trading license have to be obtained to legalize the procedure. Starting a trading company takes approximately ninety days while getting a trading license usually takes 1-3 months.

n practice, companies that need to import to Vietnam without establishing a local legal entity can utilize an importer of record to facilitate the procedure. This tactic allows foreign firms that have the time constraints, need to test the market industry, or only import a couple of times to deal with logistical, regulatory, and language barriers.

Certain goods do require companies to have permits from your government. In addition, 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 subject to the Vietnam customs clearance standards, which effectively look into the quality, specifications, quantity, and level of the goods. Of these, certain imported items are at the mercy of inspection.

As an example, imported pharmaceuticals must undergo testing and can include documents detailing product use, dosage, and expiration dates (written in Vietnamese), which must be contained in or on the the labels.

Customs documents needed in Vietnam

Businesses that import or export goods must submit a dossier of documents, such as at least the company’s business registration certificate and import/export business code registration certificate on the customs authorities. Depending on the imports or exports involved, authorities may request the subsequent additional documents:

Documents necessary 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 necessary 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 day that while import shipments typically take around 1 to 3 days to perform for full container loads (FCL) and less than container loads (LCL), respectively.

Optimizing your customs experience

Vietnam’s customs procedures are complex and susceptible to change with practically no warning. For up-to-date information on clearance regulations, processing times, or trying to get the priority program, it’s advised to refer to with government officials or even a professional service firm that will guide the business with any cumbersome procedures and legalities.

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