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*Chargeable weight is based on volumetric weight or actual weight (whichever is greater)
Looking for a fast and reliable freight forwarder to ship your items from Singapore to Vietnam? M&P International Freights offers the best prices and most efficient shipping services for you.
Read on to find out more about the types of goods permitted for shipping from Singapore to Vietnam and the types of shipping methods available!
Singapore is Vietnam’s largest trading partner in ASEAN. Some of the most commonly shipped items from Singapore to Vietnam include:
To import to Vietnam, there are 2 crucial documents that you’ll need to obtain from the Department of Planning and Investment (DPI):
Do note that the process of getting these 2 documents can take up to 3 months, hence it’s important to complete the registration promptly.
Furthermore, if you’re planning to sell your goods directly to consumers in Vietnam, you’re also required to register for a trading license. This process can take up to 6 – 12 weeks to obtain and you can apply for it after the incorporation of your business.
No taxes will be levied on goods exported from Singapore.
However, most goods imported to Vietnam are subject to duty. The import tax rates differ according to the type of goods – consumer goods are typically subject to higher tax rates as compared to machinery and raw materials used in production.
The import tax is categorised into 3 different schemes:
In addition to import duty, goods brought into Vietnam are also subject to value-added tax (VAT)
| VAT tax rate | Examples of goods this rate applies to |
|---|---|
| 0% | Machinery that is unable to be produced in Vietnam and any other teaching and vocational training as provided for by law, humanitarian aid, etc. |
| 5% | Medical equipment, sugar, special-purpose machinery and materials required for agricultural purposes, clean water, fresh and live food, etc. |
| 10% | Standard VAT rate imposed on other goods non-eligible for 0% or 5% VAT |
Certain goods are also subject to the special consumption tax (SCT) and environmental protection tax (EPT).
If you need more information regarding importing to Vietnam, here are some useful resources for you:
Air freight is the shipment of goods via chartered or scheduled air carrier. It’s a popular choice for those who want to enjoy a fast shipment.
Sea freight is the shipment of goods by sea via shipping containers and there are 2 ways of doing so: LCL or FCL.
The FCL option is ideal for bulk items and large-volume products. The shipment process is often quicker with less general handling involved.
The less than container load (LCL) mode of shipment is often used when a shipper does not have enough goods to fill the entire container. In this scenario, the carrier engaged will coordinate and arrange for other cargo to fill up the container before it’s shipped out.
This is a cost-effective option but do expect delays when there are insufficient shipments to fill up the container.
Freight forwarders will handle all the necessary paperwork to obtain customs clearance.
They’ll also work with the appropriate carriers to ship your goods safely to your desired destination.
Freight forwarders are well-equipped with the right tools to handle your goods with maximum care.
Apart from providing cargo insurance, they also have efficient tracking systems for you to keep track of the status of your shipment.
A shipment from Singapore to Vietnam typically takes 2-3 business days via air freight and 5-7 business days via sea freight.
The cost of shipping will differ according to the type of shipping method chosen.
The sea freight rates will determine the cost of shipping your goods via sea. On the other hand, air freight costs will be calculated by multiplying the air freight rate by the actual or volume weight of your goods.
Contact us today for an accurate shipping quote!
If you’re transporting large amounts of goods, sea freight would be a more cost-effective method.
You may opt for air freight if you’re only shipping small amounts of items.
Unlike other freight forwarders, we also provide a full range of customs brokerage services.
Established in 2006, we serve globally via our operation hubs in China, Indonesia, Malaysia, Singapore and Philippines.
M&P International Freights offers a comprehensive suite of services to ensure a seamless shipping experience. From customs clearance and cargo insurance to international courier services and door-to-door shipping, we handle every detail under one roof, simplifying your logistics management and streamlining your operations.
Being one of the largest international freight forwarding company, we are able to provide cost efficient pick-up from any cities around the world.
