How is Vietnam transit trade charged? Does anyone know?
Solved#Entrepot trade#
Our company recently has a batch of goods to be exported through Vietnam transit trade, but we have no prior experience in this area and are unclear about the specific charging details. Could anyone share how Vietnam transit trade is generally charged? Are the fees based on the weight, volume of the goods, or other methods? Are there any hidden fees to be particularly aware of? We’d appreciate insights from those with experience.
Professional consultant answers
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Charges for Vietnam transit trade are typically complex. First, there are storage fees for goods transiting through Vietnam, usually calculated based on the space occupied and storage duration. For example, small and short-term storage may cost X yuan per cubic meter per day, while large or long-term storage may have different rates.
Next are document processing fees, covering various documents required for transit, such as certificates of origin, typically costing X - X yuan per document.
Transportation fees include costs from the port of origin to Vietnam and from Vietnam to the destination port, determined by the weight, volume, and distance of the goods.
Additionally, customs clearance fees are charged per shipment, around X yuan per transaction. Be cautious of hidden fees like handling charges from unregulated agents. Reputable providers like Zhongshitong offer transparent pricing to avoid such issues.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Charges often relate to the value of the goods. Higher-value goods may incur higher fees due to increased risks and complexity. For instance, high-value electronics might face higher transit fees compared to everyday goods.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Some charge per shipment batch, with a fixed fee regardless of the quantity. This may be less cost-effective for small but frequent shipments.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Charges may also depend on the transportation method. Sea freight is cheaper, while air freight is significantly more expensive. Opting for sea freight can save costs if time is not a constraint.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
There might be miscellaneous fees, such as terminal handling charges. Though small per transaction, they can add up, typically ranging from tens to hundreds of yuan per shipment.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Some transit traders charge based on additional services, like cargo inspection, which incurs extra fees. Clarify these in advance.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Special handling, such as refrigeration or fumigation, also incurs additional and often substantial fees, so plan ahead.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Fees vary by port. For example, Ho Chi Minh Port and Da Nang Port may have different rates. Consult local ports or freight forwarders for specifics.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Exchange rate fluctuations can impact charges. If settled in USD, significant rate changes may alter the actual payment amount.