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Importing and exporting products is usually a challenge for businesses in Vietnam. Vietnam Briefing outlines a general step-by-step guide for import and export measures in Vietnam. In addition we examine registration, license permit requirements, customs procedures, and duties applied.

Vietnam does not require a business to have a separate import or export license to engage in import and export activities in the united kingdom.

The commonest entity for investors trying to take part in import and export activities, and also take part in domestic distribution of goods, is defined an investing company. It is really an inexpensive establishment option without minimum capital contribution required.

However, in case an importer would want to sell imported products to Vietnamese consumers, they have to obtain an additional trading license must be obtained to legalize the process. Starting a trading company takes approximately ninety days while obtaining a trading license will take 1-3 months.

n practice, firms that wish to import to Vietnam without starting a local legal entity can utilize an importer of record to facilitate the procedure. This course allows foreign firms that have time constraints, would like to test the market, or only import several times to deal with logistical, regulatory, and language barriers.

Certain goods require companies to obtain permits in the 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 be subject to the Vietnam customs clearance standards, which effectively confirm the quality, specifications, quantity, and number of the products. Of these, certain imported merchandise is subject to inspection.

As an example, imported pharmaceuticals must undergo testing and will include documents detailing product use, dosage, and expiration dates (written in Vietnamese), which should also be a part of or about the the labels.

Customs documents needed in Vietnam

Companies which import or export goods must submit a dossier of documents, which include at least the company’s business registration certificate and import/export business code registration certificate on the customs authorities. With regards to the imports or exports in question, authorities may request the subsequent additional documents:

Documents required 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 essential 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 may be completed on the day that while import shipments typically take around one-three days to perform for full container loads (FCL) and much less than container loads (LCL), respectively.

Optimizing your customs experience

Vietnam’s customs procedures are complex and at the mercy of change with practically no warning. For up-to-date information about clearance regulations, processing times, or trying to get the priority program, it can be advised to consult with government officials or possibly a professional service firm that can guide the business with any cumbersome procedures and legalities.

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