IMPORT AND EXPORT
PROCEDURES IN VIETNAM
EXPORT PROCEDURES
 Assumption:
Contract has been signed, in which:
- Terms of delivery: FOB, Incoterms 2010
- Cargo: bulk (not containerized)
- Payment: by irrevocable L/C
EXPORT PROCEDURES
 Ask the buyer to open an L/C
- Check L/C
- Compare to Sales Contracts
- Request for amendment if necessary
 Apply for export license
- Goods free for imports
- Goods needs automatic licensing
- Goods under specific administration
EXPORT PROCEDURES
 Preparing export goods
- Collecting
- Packing and marking
- Preliminary quality inspection
 Arrange carriage and insurance
- Buyer’s liability
- Help the buyer under his cost and risk
EXPORT PROCEDURES
 Pre-shipment inspection
- Inspection agency
- Inspection location
 Customs clearance
- Exporter/Forwarder/Carrier
- Documents: Contracts, Customs
declaration, packing list…
- Procedures: green/yellow/red lanes
EXPORT PROCEDURES
 Delivery
- Contact port authority
- Carry goods to the port
- Watch the shipping-on-board process
- Obtain documents required (B/L)
 Payment
- Present documents required in L/C in
due time
EXPORT PROCEDURES
 Dispute settlement
- Claim settlement: according to sales
contract;
- Settlement by court of justice;
- Settlement by arbitration
Note: VIAC
IMPORT PROCEDURES
 Assumption
- Terms of delivery: CIF, Incoterms 2010
- Cargo: bulk (not containerized)
- Payment: by irrevocable L/C
IMPORT PROCEDURES
 Apply for import licenses
 Open an L/C
- Prepare documents: Application form,
Contracts…
- Open an L/C in due time (security
deposit may be required)
 Arrange carriage and insurance
- Seller’s obligations.
IMPORT PROCEDURES
 Customs clearance
- Who can perform customs procedures?
- Documents required?
- Procedures?
 Take delivery
- Preparation after receipt of NOR
- Obtain D/O
- Take delivery of goods (documents?)
IMPORT PROCEDURES
 Inspection of goods
- Quality inspection
- Quarantine (if required)
 Dispute settlement
- Claim and self-settlement
- Settlement by court of justice
- Settlement by arbitration

Chapter 4. export and import

  • 1.
  • 2.
    EXPORT PROCEDURES  Assumption: Contracthas been signed, in which: - Terms of delivery: FOB, Incoterms 2010 - Cargo: bulk (not containerized) - Payment: by irrevocable L/C
  • 3.
    EXPORT PROCEDURES  Askthe buyer to open an L/C - Check L/C - Compare to Sales Contracts - Request for amendment if necessary  Apply for export license - Goods free for imports - Goods needs automatic licensing - Goods under specific administration
  • 4.
    EXPORT PROCEDURES  Preparingexport goods - Collecting - Packing and marking - Preliminary quality inspection  Arrange carriage and insurance - Buyer’s liability - Help the buyer under his cost and risk
  • 5.
    EXPORT PROCEDURES  Pre-shipmentinspection - Inspection agency - Inspection location  Customs clearance - Exporter/Forwarder/Carrier - Documents: Contracts, Customs declaration, packing list… - Procedures: green/yellow/red lanes
  • 6.
    EXPORT PROCEDURES  Delivery -Contact port authority - Carry goods to the port - Watch the shipping-on-board process - Obtain documents required (B/L)  Payment - Present documents required in L/C in due time
  • 7.
    EXPORT PROCEDURES  Disputesettlement - Claim settlement: according to sales contract; - Settlement by court of justice; - Settlement by arbitration Note: VIAC
  • 8.
    IMPORT PROCEDURES  Assumption -Terms of delivery: CIF, Incoterms 2010 - Cargo: bulk (not containerized) - Payment: by irrevocable L/C
  • 9.
    IMPORT PROCEDURES  Applyfor import licenses  Open an L/C - Prepare documents: Application form, Contracts… - Open an L/C in due time (security deposit may be required)  Arrange carriage and insurance - Seller’s obligations.
  • 10.
    IMPORT PROCEDURES  Customsclearance - Who can perform customs procedures? - Documents required? - Procedures?  Take delivery - Preparation after receipt of NOR - Obtain D/O - Take delivery of goods (documents?)
  • 11.
    IMPORT PROCEDURES  Inspectionof goods - Quality inspection - Quarantine (if required)  Dispute settlement - Claim and self-settlement - Settlement by court of justice - Settlement by arbitration