EXPORTING FOOTWEAR FROM VIETNAM TO INDIA

EXPORTING FOOTWEAR FROM VIETNAM TO INDIA

According to the latest statistics of the General Department of Customs, by the end of July, Vietnam’s export turnover to India reached US$4.72 billion, increasing $1.32 billion, equivalent to 38.8% over the same period last year. .

The largest group of exports to the Indian market is  phones and components with a turnover of 975.64 million USD, increasing nearly 35.2% compared to the same period last year.

In addition, there are 8 groups of goods with a turnover of 100 million USD or more, including: computers, electronic products and components; machinery, equipment, tools and spare parts; other common metals and products; chemistry; Plastic materials; rubber; Footwear; Products from iron and steel. To be specific, footwear is one of the key export groups of Vietnam to India in the first months of the year and has a high growth rate of nearly 59%.

Some major footwear exporters in VietNam are: BINH TIEN IMEX CORP., PTE., LTD.- BITI’S,  VINAGIAY CORPORATION, AN BA LEATHER SHOES ONE MEMBER CO., LTD, SAIGON SHOES JOINT STOCK COMPANY, GOLDEN STAR COMPANY LIMITED,…

Export procedure of footwear from VietNam to India

According to the current regulation, Footwear is not in the List of prohibited Exports from Vietnam to India, so the enterprise can do the export procedure pursuant to current stipulations.

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 footwear, HS codes are as follows: Chapter 64: Footwear, gaiters and the like

Customs duties on exporting footwear in VietNam

VAT on exporting Footwear: pursuant to current stipulations, VAT on exported commodity is 0%

Export duty: Footwear is not in Vietnam’s nomenclature of taxable exports, therefore, the exporters do not have to pay export tax.

Customs documentations for exporting footwear in VietNam

Commercial Invoice 

Packing List 

Sales contract 

Bill of lading 

Certificate of original

2. Delivery of footwear 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.

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 has 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, footwear, 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,…

 

We always are here to support you

Do you need carry your goods from Vietnam to another countries or vice versa ? Make it easy to contact us.

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