Import Wire into Vietnam
With many years of experience in handling importing Wire, in this article, Logistics HP Global summarizes the contents related to importing Wire into Vietnam: Vietnam’s governmental management policy on importing Wire; Import procedures for Wire; Taxes on importing Wire;… …
HS code of Wire
In order to properly determine policies, procedures of the import, one of the first thing needed to determine is the HS code of the commodity
Wire’s HS code of Chapter 85: Electrical Machinery and Equipment and parts thereof; Sound recorders and reproducers, television image and sound recorders and reproduces, and parts and accessories of such articles
|8544||Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors.|
The classification of a product to a certain HS code is based on the nature, composition, …. of the actual imported commodity at the import time, based on catalogue, technical documents (if any) or /and decided by the Customs Department of Commodity Verification. The actual inspection results of the Customs and announcement by the Customs Department of Commodity Verification are legal basis for applying HS code to imported good. Importers are ultimately responsible for ensuring that the products are correctly classified.
Our above advised HS codes are for reference only.
For more information about this content, please refer to the article Definition of HS code in Vietnam
Ban on import, export
According to the current regulation, Wire 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
Import procedure into Vietnam of Wire
Governmental management on Wire
Wire is under the specialized management of the Ministry of Science and Technology.
Wires are in the list of potentially unsafe goods (41/2018 / TT-BGTVT), so imported products and goods must be certified or announced in accordance with technical standards and regulations. National engineering correspondence. Time of inspection and certification is done after customs clearance and before being put on the market.
Customs procedure of import Wire into Vietnam
With no special governmental management policy, customs procedure of importing Wire into Vietnam is the same as other common commodities.
Label for import Wire
According to current stipulation, cargo imported into Vietnam need to have sufficient label
Cost and time for importing Wire
Cost for importing cargo related to transportation and customs clearance are mainly contributed by two main factors: Tax and shipping costs
Taxes on importing Wire
When importing Wire, the importer needs to pay import duties and value added tax (VAT).
VAT on Wire: 10%.
Preferential import tax rate on Wire is 20%.
Shipping cost and import time
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.
For more detailed advice on import procedures, shipping methods and full estimates for the entire shipment, please contact our customer service department by email info@ hpgloballtd.com or hotline ++84 8 8611 5726.
Hp Global Company Limited
Freight forwarder and Customs Brokerage
Room 2308, CT2 Van Khe, La Khe, Ha Dong, Hanoi
Phone: 024 73008608 / Hotline: ++84 8 8611 5726
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