The preliminary report of the first 6 months of 2022 of the Vietnam Cotton and Spinning Association  (VCOSA) shows that Vietnam’s exports of textiles, fibers, fabrics… in the first 5 months of 2022 reached 18.73 billion USD, an increase of 20.81% over the same period in 2021.

With this result, VCOSA said that Vietnam has for the first time surpassed South Korea to become the world’s sixth largest fiber exporter. Here are some major silk yarn exporters in VietNam: ECO GREEN LIFE VIETNAM JOINT STOCK COMPANY – LAM DONG BRANCH, Phuc AN Co., ltd, LUCKY SAI GON INTERNATIONAL CO., LTD, Polytech Co., Ltd, Banca Co., Ltd, Nam Dinh Silk Weaving Company,Thang Long Silk Company Limited,…

Export procedure of silk yarn from VietNam to India

According to current regulations, silk yarn products are not on the list of goods banned from export. Therefore, companies in this field can follow export procedures according to current regulations.

HS Code

In the field of import and export in general or export of yarn in particular, it is necessary to know the HS code to properly determine export policies, taxes and procedures. To be specific, for yarns, HS codes are as follows:

Chapter 53: Other vegetable textile fibers; paper yarn and woven fabrics of paper yarn

Chapter 55: Manmade Staple Fibers

Customs duties on exporting silk yarn from VietNam to India

Exporting tax: 0%

VAT: 0%

Customs documentation for exporting silk yarn from VietNam to India

Commercial invoice

Packing list

Bill of lading

CO

Certificate of conformity

2. Delivery of silk yarn from VietNam to India

–          By Air Freight

Air freight from India to Vietnam is significantly faster than ocean shipping, with consignments typically taking from 2- 4 days to reach their destination. It should be noted that air freight is more expensive than shipping by sea, especially for consignments weighing 100kg or more.

SM Global provide air service from Vietnam to India for some routes as below:

HAN/SGN – DEL (Noibai / Tan Son Nhat – Delhi)

HAN/SGN – BOM (Noibai / Tan Son Nhat – Mumbai)

HAN/SGN – MAA (Noibai / Tan Son Nhat – Chennai)

HAN/SGN – BLR (Noibai / Tan Son Nhat – Bangalore)

HAN/SGN – COK (Noibai / Tan Son Nhat – Kochi)

HAN/SGN – CCU (Noibai / Tan Son Nhat – Kolkata)

 –          By sea freight

Shipment by sea is suitable for heavy items with big volumes and its shipping time is slower compared to transportation by air, however, the sea freight is cheaper as well. Normally, the transit time from VietNam to India is about 15 – 40 days, depending on ship service being direct or transit. There are many ocean lines that provide this route such as: MCC, MSC, YML,OOCL, COSCO, WANHAI, CMA CGM, MOL, HAPAG LLOYD.

      FCL (Full container load) Transportation of full containers (Usually there are 3 main types of containers: 20 DC, 40DC, 40HC).

○        Our staff will help you to advise the type of container that is suitable for the type of goods you intend to transport.

○       Documentation staff department will help you to advise on which documents to prepare before exporting or importing based on type of goods and the size of goods.

○       Deals to have the price and keeping space before confirming with you. Ensure the schedule is notified to customers, except for delays due to weather, machinery of the shipping company…

○       Update daily shipment information for you to follow

      LCL (Less than container load), the LCL is preferred by air freight, however if you want to save cost and time is not an issue, sea freight is still the right solution which is suitable for small amounts of goods.

 

3. Why choosing SM Vietnam Global Logistics for delivery cargo

–          We have many year experience for exporting shipment

SM Global Logistics is known as one of the leading freight forwarding companies in Vietnam, providing ocean freight, air freight for export- import cargo service, customs clearance and local trucking. We can handle all terms, including DDP until final destination. Until now, we have 4 branches in Vietnam and a network of agents all over the world to ensure handling shipment for many routes and types of commodities.

–          SM global Logistics have good relationship with vendor and lines

SMG has our own trucking team with a big volume of trucks and we are able to arrange special vehicles for all kinds of cargo. Besides, we have contracts with many lines: MCC, MSC, YML,OOCL, COSCO, WANHAI, CMA CGM …so SM Global is confident with competitive rates

–          We always bring the best customer service, ready for 24/7

We are always ready to answer, solve problems related to shipment in order to provide the best service. With the spirit of international working, we not only work according to the Vietnamese time zone, but also have someone on duty to ensure that we do not miss any of our customers’ needs. We believe good service will be what keeps customers more than anything.

–          SM Global’s strength is exporting cargo from Vietnam to India

We had experience in handling India shipment, and India shipment accounting for around 25% total volume cargo (data 2021), with a big volume, we got competitive ocean freight and other service also.

  The main commodity: Electric components, steel and iron, silk yarn, textile, rubber, fruits, plastics,…

  Volume per month: From 30- 40 containers (20 DC & 40HC)

    Port of loading: Ho Chi Minh port, Hai Phong port, Da Nang Port, Qui Nhon port

    Port of discharge: Chennai, Mundra, Nhava Sheva, Pipavav,…