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  • Import Fabric commodity from Singapore to Vietnam
 

Import Fabric commodity from Singapore to Vietnam

by Chinh / Wednesday, 26 February 2020 / Published in Fabric

Mục lục

  • Import Fabric from Singapore to Vietnam
  • Ban on import, export
  • Duties, Taxes on importing Fabric from Singapore to Vietnam
  • Policy on importing Fabric from Singapore to Vietnam
  • Governmental management on Fabric from Singapore to Vietnam
  • Customs procedure of import Fabric from Singapore to Vietnam into Vietnam
  • Label for import Fabric from Singapore to Vietnam
  • Shipping Cost and time for importing Fabric from Singapore to Vietnam

 

Import Fabric from Singapore to Vietnam

 

With practical experience in handling importing Fabric from Singapore to Vietnam, in this article, Logistics HP Global summarizes the contents related to importing Fabric from Singapore to Vietnam: Vietnam’s governmental management policy on importing Fabric from Singapore to Vietnam; Import procedures for Fabric from Singapore to Vietnam; Taxes on importing Fabric from Singapore to Vietnam;… …

Import Fabric commodity from Singapore to Vietnam

Ban on import, export

According to the current regulation, Fabric from Singapore to Vietnam is not in the List of prohibited imports into Vietnam, so the enterprise can do the import procedure pursuant to current stipulations.

For more information, read the article List of prohibited imports into Vietnam

Duties, Taxes on importing Fabric from Singapore to Vietnam

When importing Fabric from Singapore to Vietnam, the importer needs to pay import duty and value added tax (VAT).

VAT on Fabric from Singapore to Vietnam: 10%

Preferential import duty rate on Fabric from Malaysia to Vietnam:

Singapore is a member of the ASEAN Trade in Goods Agreement, so with fabrics imported from Singapore:

+ If related requirements under the FTA are met, importer can enjoy special preferential import duty rate under FTA   ASEAN (ATIGA),  accordingly, special preferential import duty of Fabric from Singapore is 0%

For more details, refer Special preferential import tariff  ASEAN here

+ If related requirements under the FTA are not met, importer can enjoy preferential import duty rate as above

For more details on import duty, HS code of Fabric, refer the article Import procedure of Fabric

Policy on importing Fabric from Singapore to Vietnam

Governmental management on Fabric from Singapore to Vietnam

Basing on Circular No. 21 (No. 21/2017 / TT-BCT) effective from January 1st, 2019, textile  products listed in Annex I of QCVN: 01/2017 / BCT Enclosed with Circular No. 21 (except for products with HS code 9619), the declaration of conformity is made before such products are put on sale in Vietnam market.

Customs procedure of import Fabric from Singapore to Vietnam into Vietnam

Customs procedure of importing Fabric from Singapore to Vietnam into Vietnam is the same as other common commodities

In addition, to enjoy the preferential  import tax rates under the free trade agreement as mentioned above, enterprises need to submit the Certificate of Origin in the form of the agreement.

Label for import Fabric from Singapore to Vietnam

According to current stipulation, cargo imported into Vietnam need to have sufficient label

Shipping Cost and time for importing Fabric from Singapore to Vietnam

Shipping costs and transportation time are closely related. Depending on the nature of the commodity and requirement of the shipment, international transportation mode can be by sea, air, road, rail and express delivery. The enterprise should consider to make the most appropriate decision.

Usually fabric goods are shipped by sea, full or less containers.

Related articles:

Import procedure of Fabric 

Special preferential import tariff Vietnam – ASEAN

For more detailed advice on import procedures, shipping methods and estimate for the full shipping cost, please contact us – Logistics Service Provider for importing Fabric from Singapore to Vietnam (chỗ chữ Logisics Service Provider đến hết đoạn, nhớ bôi đậm)

Hp Global Company Limited

Freight forwarder and Customs Brokerage

Room 2308, CT2 Van Khe, La Khe, Ha Dong, Hanoi

Website: hpgloballtd.com/hptoancau.com

Email: info@hpgloballtd.com

Phone: ++ 84 24 73008608 / Hotline: ++84 98 487 0199

Note:

– The article is for reference only, prior to using the content, it is suggested that you should contact HP Global for whether any update

–  HP Global keep it full right copy right of the article. No copy for commercial purpose is approved.

– Any copy without approval by HP Global (even note quote from website hpgloballtd.com/hptoancau.com) can cause to our claim to google and related agencies.

 

 

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HP GLOBAL CO.,LTD
Address: Room 2308, Building CT2, Van Khe, La Khe, Ha Noi, Viet Nam
Hotline: (+84) 98 487 0199
E-mail: info@hpgloballtd.com
Website: hpgloballtd.com / hptoancau.com

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