According to the Ministry of Industry and Trade, the structure of Vietnamese exports to the Singapore market in recent years is quite sustainable. The turnover of a number of export products reached high levels such as: computers, electronic products and components; means of transport and spare parts; phones and accessories; glass and glass products.

Notably, Vietnam is the 4th largest seafood exporter to Singapore, accounting for 12% of Singapore’s total seafood imports from partners. Vietnam’s frozen fish filets and processed fish always maintain a market share of over 20% in Singapore.

Main export items to Singapore include: computers, electronic products and components; other machinery, equipment, tools and spare parts; phones and accessories; glass and glass products; petrol of all kinds; rice; vegetables; seafood, etc.

So, how to export cargoes from Vietnam to India? The article below will give you a brief overview.

1. Trade relations between Vietnam and Singapore

Vietnam and Singapore established diplomatic relations on August 1st 1973. After Vietnam joined the Bali Treaty (July 1992) and became a full member of the ASEAN in July 1995, the bilateral relations entered a new stage of development which is more productive and fruitful.

Vietnam and Singapore are both members of ASEAN, therefore importers from two countries can enjoy special preferential import duty to 0% for many commodities under the ASEAN Trade in Goods Agreement

Besides FTAs that Vietnam and Singapore join as members of ASEAN, the two countries are members of TPP và RCEP

2. Export procedures for the shipments from Vietnam to Singapore

Step 1: Signing the contract, preparing cargoes ready for exporting

The first step of the shipper is to sign a sales contract with the foreign consignee, then, make the cargo ready for delivery.

Step 2: Buying the insurance for the cargoes (if need)

Regarding international delivery, the risks are huge and losses are unavoidable in some cases. As a result, shippers should consider buying insurance for ensuring their cargoes’ safety.

Step 3: Choosing the  transport partner

In exporting, choosing the transport partner is of great importance. As a result, the shipper should research carefully and choose a transport partner that can meet the shipper’s demands such as: competitive rates, considerate services, experiences in handling foreign shipments,…

Step 4: Do customs clearance

Normally, in Vietnam, the shipper often has a fowarder help them dealing with customs clearance.

• Dossiers for exporting cargoes from Vietnam to Singapore:

Depending on different kinds of exporting cargoes, the shipper will need to present different sets of customs clearance documents, however, normally, there are some common documents as below:

• • • Commercial Invoice
    • Packing List 
    • Bill of Lading 
    • CO (If any)

3. Delivery of cargoes from Vietnam to Singapore

• By Sea freight: 

• • FCL (Full container loading) Service: If you have big volume and not delivery urgently you could consider using FCL service of SM Vietnam. We offer both Dry Container (Dry Container, Open Top container, Flat Rack container) and Refeer container service. Transit time from Main Port Vietnam to Singapore is 6-8 days, direct service and weekly. Cut off CY is usually 2 days before departure date.
  • LCL (Less container loading) Service: If you have heavy cargo with volume < 10 cbm you could consider LCL service of SM Vietnam, direct service and weekly. Cut off time at CFS Warehouse usually 4-5 days before departure date.

• By Air Freight:

Air Service is using for small volume and urgent leading time. SM server range of volume: Min, +45kgs, +100kgs, +300 kgs, +500 kgs, +1000kgs for range type of cargo: General cargo, Dangerous (DG cargo), Perishable cargo. Transit time by air is 1 day (direct service), 2-3 days with transit service.

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 Singapore

We have had experiences in handling shipments routing from Vietnam to Singapore, and these shipments accounted for around 35% of the total exporting cargo volume (data 2021) of my company. With this big volume, we have accumulated lots of experiences in handling cargoes with this shipment route, have established good business relationships with experienced, reputed agents in Singapore and shipping lines with competitive advantages in terms of freights, services in this route.