EXPORTING PLASTIC PRODUCTS FROM VIETNAM TO INDIA

EXPORTING PLASTIC PRODUCTS FROM VIETNAM TO INDIA

Data from the Import-Export Department (Ministry of Industry and Trade) shows that, despite the negative impact of Covid-19, in 2021, Vietnam’s export turnover of plastic products will still reach US$4.93 billion, up 34 .9% compared to 2020. With a growth rate of nearly 35% (corresponding to an increase of nearly 1.3 billion USD), this is a very large number compared to the growth of many other export industries.

Vietnam’s plastic products are now present in more than 150 markets markets in the world such as Japan, Cambodia, Laos, Thailand, China China, India, Middle East, Africa, EU, USA…

Some major plastics exporters in Vietnam are:  DUY TAN PLASTICS MANUFACTURING CORPORATION, VIET NHAT PLASTIC PRODUCTION COMPANY LIMITED,  HIEP THANH PLASTIC – TRADING – MANUFACTURING JOINT STOCK COMPANY,BINH THUAN PLASTIC MECHANICAL JOINT STOCK COMPANY,…

Export procedure of plastic products from Vietnam to India

According to current regulations, plastic products are not on the list of goods banned from export, so the company can carry out export procedures according to 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 plastic products, HS codes are as follows: Chapter 39: Plastics and articles thereof

Customs duties on exporting plastic products in Vietnam

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

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

Customs documentation for exporting plastic products in Vietnam

– Commercial Invoice

– Bill of Lading/Air waybill

– C/O (if any)

– Other documentations (if any)

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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