How to import goods in Vietnam?

Import and export is a fairly wide field, to understand this array, an article is not possible to encapsulate. Therefore, in this article, LEC Group experts will help you better understand the procedures for importing goods in Vietnam.

Procedures for importing goods in Vietnam by what type?

The import of goods in Vietnam can be understood simply as the type of import of goods under a sales contract to Vietnam. It will then be sold domestically or as raw materials for production. For example: importing clothes from Taiwan to Vietnam for sale at stores; import beef from Japan to sell at supermarkets or big stores in Vietnam, …

Types of import procedures for goods in Vietnam include:

• Importing consumer business (goods are done at the border gate Customs Department).

• Importing production business (goods are done at the border gate Customs Department).

• Transfer of domestic consumption from temporary import sources.

• Imports of exports are returned.

• Importing business of foreign-invested enterprises.

• Transferring other domestic consumption.

• Importing raw materials of export processing enterprises from abroad.

• Entering fixed assets of export processing enterprises.

• Importing raw materials of export processing enterprises from inland.

• Importing raw materials for processing for foreign traders.

• Importing processing materials from other contracts.

• Importing raw materials for export production.

• Importing raw materials into tax reporting warehouses.

• Import outsourcing products abroad.

• Temporary import of temporary import and re-export goods.

• Temporarily import machinery and equipment for a period of time.

• Temporarily enter duty-free.

• Other temporary imports.

• Re-import goods temporarily exported.

• Goods stored at bonded warehouses.

• Goods brought into the non-tariff area of ​​the border gate economic zone.

• Other imported goods.

After checking the type of import of your goods import procedures in Vietnam. In the next step, you need to check if the goods you import belong to goods that are banned or licensed.

What types of goods are prohibited from import or license?

The questions that often appear when preparing import procedures for goods in Vietnam are usually:

• Are imported products banned from import?

• Do imports require a license? If you need it, from which agency?

• Do imported products need to be disclosed?

• Need to check the product before clearance? If necessary, which agency?

Why do we need to find out if imported goods are banned from import? The reason is to avoid having to enter a banned item or not having enough time to apply for a permit. Or do not have time to announce quality before importing goods.

Therefore, when deciding to import any goods into Vietnam. You need to be cautious when applying for a permit (if any) when doing import procedures for goods in Vietnam. After completing the check, if the item you entered is not banned. If you do not need a license or can arrange a license, you can learn the next steps of the process of importing goods in Vietnam safely.

Signed a foreign trade contract

The next step of the procedure for importing goods in Vietnam is to sign a purchase contract. Accordingly, the two parties will agree on the relevant conditions, including some key terms as follows:

• Name of goods.

• Commodity specifications.

• Quantity/weight of goods.

• Price.

• Packing.

In addition, there are some other important terms such as:

• Conditions of delivery (CIF, FOB, EXW, …).

• Delivery time.

• Payment: term, payment method (in the form of money transfer or credit, …).

• Merchant documents must be sent to the buyer.

By this step, between the two parties will arrange to ship according to agreed conditions. In addition, the contract will specify the specific responsibilities of each party.

There are two common types of delivery terms that are CIF and FOB. In which CIF is the form of the seller hiring a recruiting company (shipping company) and buying insurance goods, bringing the goods to the port of discharge.

As for the FOB form, you will arrange your own shipping and purchase insurance for the goods. One point worth noting for these two forms is that the responsibility of the seller will be terminated when the cargoes across the railing at the loading port.

Customs procedures for imported goods

The next step in importing goods in Vietnam is customs clearance for imported goods. For imported goods under CIF, FOB and CNF terms. Importers of goods must go through customs procedures in Vietnam. For this job, you can do it yourself or hire a customs clearance company to do it.

If your goods are imported under the conditions of DDU, DDP (or DAP), the seller will do the procedure for you and ship the goods to you. And to accomplish this task, you must provide the necessary documents for customs declaration.

To implement the customs clearance step to import goods. You need to have a set of documents to make customs documentation. Usually, after your goods are loaded onto a ship at a foreign port. The seller will send you a set of original documents including:

• Ministry of transport (bill of lading): 3 original copies.

• Commercial invoice: 3 original copies.

• A detailed list of goods (packing list): 3 original copies.

• Certificate of Origin (CO – Certificate of Origin): can follow form D, E, AK, … to enjoy preferential import tax.

• In addition, there are some other documents such as quality certification (CQ), certificate of analysis (CA), insurance, fumigation, quarantine, etc., if any.

Currently, you can carry out customs declaration through electronic customs software. After that, you print the declaration with the paper voucher to bring to the customs office. Depending on the result of the declaration, it is green, yellow or red, but the full set of documents is as in the case of the golden flow declaration. In the case of gold flow, customs documentation will include:

• Ministry of customs declaration and appendix: 2 copies.

• Commercial invoice: 1 copy.

• Bill of lading: 1 copy.

• Sea freight bill (on FOB terms): 1 copy.

• Other documents: CO, quality inspection (if any), …

After you have fully prepared, you take the file to the customs office to process and pay taxes to get customs clearance. Next, you go to the port to change orders and sign customs procedures at ports and yards.

Ship to warehouse

The final step in the procedure for importing goods in Vietnam is to transfer goods to warehouses. After doing customs procedures, you must prepare and arrange the transport vehicles to bring goods to your warehouse.

Normally, owners can hire container trucks or small trucks and give them the delivery orders that the shipping unit provides. Next, the transport unit will enter the CFS port or warehouse to clear customs procedures at the warehouse, then take the goods to the destination location for you.

Procedures for importing goods in Vietnam for those who do not have much experience will not be easy to implement. Therefore, you can absolutely rely on companies that provide goods import services. LEC Group now always satisfies all the needs of providing goods import services in Vietnam. Please contact LEC Group today to get the best support!

LEC GROUP

Head Office: Road 4, Phu My 1 Industrial Zone, Phu My Ward, Phu My Town, Ba Ria – Vung Tau, Vietnam.

Add: No. 28 Thao Dien Street, Thao Dien ward, District 2, Ho Chi Minh City, Viet Nam.

Hotline: (+84) 938 588 136 & (+84) 909 800 136.

Email: [email protected] & [email protected]

Website: https://lecvietnam.com/