Customs Procedures in Vietnam

By Vietnam Briefing

Posted: 16th March 2017 08:38

Following the relevant customs procedures when importing or exporting goods from Vietnam is one of the most vital aspects of doing business in a country where manufacturing costs are leveraged to its favor. Goods to be imported or exported are subject to the relevant customs clearance standards, which effectively check the quality, specifications, quantity and volume of the goods. Currently, these standards are set out under Law No. 54/2014/QH13 on Customs as well as numerous implementing decrees and guiding circulars.
Following the standards set by the Vietnamese government, certain imported goods are subject to inspection. For example, imported pharmaceuticals must undergo testing and also include documents detailing product use, dosage and expiration dates (written in Vietnamese), which must also be included in or on the product packaging.
 
Companies that import or export goods must submit a dossier of documents to the customs authorities. The dossier must include at least the company’s business registration certificate and import/export business code registration certificate. The following are additional documents that may be requested by authorities depending on the imports in question:
 
Imported goods require the following documents:
•    Bill of lading;
•    Cargo release order;
•    Commercial invoice;
•    Customs import declaration form;
•    Inspection report;
•    Packing list;
•    Technical standard/health certificate; and
•    Terminal handling receipts.

Exported goods need the following:
•    Bill of lading;
•    Certificate of origin;
•    Commercial invoice;
•    Customs export declaration form;
•    Packing list; and
•    Technical standard/health certificate.
 
Processing times

Export shipment procedures are typically completed on the same day. Import shipments typically take around 1 to 3 days to complete for full container loads (FCL) and less than container loads (LCL), respectively.

According to Vietnamese Customs, companies that regularly export and import the same exact goods within a given period may use a single customs declaration form for carrying out the relevant customs procedures if the goods are listed under the same purchase and sales contract and are delivered within the delivery time listed on the purchase contract.
 
Priority customs treatment
For those seeking to reduce customs compliance costs in Vietnam, it is possible to apply for priority treatment. Under priority treatment, qualifying companies will become eligible for a range of benefits that are sure to reduce customs clearance times and thus reduce costs. 
 
Qualifying for priority treatment
Companies that meet the following standards, outlined under Decree No. 08/2015/ND-CP, will become eligible for preferential customs treatment:  
Benefits afforded under priority treatment program

According to the Law on Customs, companies qualifying for the priority treatment program will be eligible to benefit from the following:
Optimizing your customs experience

Vietnamese customs procedures are complex and often subject to change. For more information on clearance, processing times, or applying for the priority program, please contact vietnam@dezshira.com
 
As a reminder, if you choose to publish any of our content, please include the following caption at the end of the article:

This article was first published on http://www.vietnam-briefing.com/.

Since its establishment in 1992, Dezan Shira & Associates has been guiding foreign clients through Asia’s complex regulatory environment and assisting them with all aspects of legal, accounting, tax, internal control, HR, payroll, and audit matters. As a full-service consultancy with operational offices across China, Hong Kong, India, and ASEAN, we are your reliable partner for business expansion in this region and beyond.
For inquiries, please email us at info@dezshira.com. Further information about our firm can be found at: www.dezshira.com.

Related articles



Comments