Vietnam-EFTA trade: A guide to importing from Norway to Vietnam

The trade winds between Norway and Vietnam have been growing stronger in recent years. For instance, 2024 saw a record-high surge in Norwegian seafood exports to Vietnam. Out of the 2.8 million tonnes of seafood Norway exported globally that year, Vietnam imported over 72,000 tonnes, marking a 16% increase in volume compared to 2023¹. 

This growing appetite for Norwegian products underscores the significant opportunities the Norwegian market presents for businesses in Vietnam. If you’re looking to leverage the opportunities these trends offer, read on to discover how you can effectively navigate the import process in Vietnam when shipping from Norway.

Understanding the Vietnam market

Strategically nestled in the heart of Southeast Asia, Vietnam offers businesses a significant gateway to a dynamic and expanding regional market. Its advantageous geographical position facilitates efficient trade flows within ASEAN and beyond. 

Furthermore, Vietnam's economy is experiencing robust growth, with its gross domestic product (GDP) surging by 7.09% in 2024, reaching approximately US$476.3 billion (VN$11,511.9 trillion)². 

Based on Vietnam import data, It also relies on overseas products for various essentials, including electronics, steel products, and machinery, which are among some of Norway’s top exports to the country³, ⁴. 

These trends underscore the opportunities for international trade in Vietnam, particularly when importing from Norway.

Opportunities and advantages of FTAs

Free trade agreements (FTAs) offer significant advantages for businesses by reducing trade barriers and fostering closer economic ties between participating countries. While Norway and Vietnam are currently engaged in FTA negotiations, the potential future benefits can potentially fuel Norway-Vietnam trade⁵.

Such an agreement could lead to significant tariff reductions or eliminations, streamlined customs clearance, and greatly increased market access for businesses in both countries. This would create a more favorable environment for expanding trade relations, enabling you to leverage the advantages of FTAs.

Strategies for successful international shipping

Navigating customs clearance in Vietnam efficiently is paramount for a successful shipping experience when importing from Norway. To ensure a smooth process, focus on the following key areas:

1. Understanding taxes and duties

You’ll need to be aware of import procedures in Vietnam, including the applicable import duties, Value Added Tax (VAT), and any other taxes levied on goods entering from Norway. To potentially reduce import costs, it's also helpful to check if preferential tariffs apply. 

Moreover, accurate classification of your products using Harmonized System (HS) codes is essential for customs compliance and to prevent any unnecessary delays in the import process. By ensuring correct HS codes from the outset, you can align with Vietnam customs regulations and facilitate smoother clearance.

2. Navigating prohibited and restricted goods

A thorough understanding of Vietnam import regulations is crucial to ensure compliance and avoid complications when shipping from Norway. This includes verifying your goods against Vietnam's list of prohibited or restricted items before initiating shipment to avoid getting stopped at customs and incurring delay costs and penalties. 

For restricted goods like certain pharmaceutical drugs or food, you may be required to obtain a special permit or license before they can be brought into the country⁶. These permits can usually be obtained from the Vietnamese ministry or sector that oversees the particular product category. 

Do provide accurate and complete information during the permit application process to facilitate a smooth import process.

3. Ensuring proper documentation

Accurate documentation is essential for ensuring compliance with Vietnam customs regulations and facilitating smooth clearance. Here are some documents to keep in mind:

• Commercial invoice: Provides a detailed breakdown of the transaction, including prices, quantities, and the total value of the goods.
• Air waybill: Serves as a receipt for the shipment and includes tracking information.
• Bill of lading: Acts as a receipt, contract of carriage, and document of title for the goods.
• Certificate of origin: Certifies the country where the goods were produced, potentially impacting applicable tariffs under FTAs.
• Licenses or certificates (if applicable): May be required depending on the nature of the goods.

Ask your sender to provide these necessary documents to support the import procedure. Ensuring all paperwork is complete and available before the shipment arrives in Vietnam is the best way to streamline the process and avoid delays.

4. Mastering packaging requirements

Proper packaging helps to protect your shipment during its journey to Vietnam and ensures compliance with import regulations. Consider these key packaging practices:

• Durable materials: Utilize sturdy boxes, crates, or pallet boxes that can withstand the rigors of international shipping and handling, minimizing the risk of damage.
• Waterproof packaging: Employ moisture-resistant materials, especially for goods sensitive to humidity or potential exposure to rain during transit.
• Secure sealing: Ensure all packages are tightly sealed with strong tape or strapping to prevent tampering and maintain the integrity of the contents.
• Adequate cushioning: Use appropriate cushioning materials like bubble wrap or foam to protect fragile items from shocks and vibrations during transportation.
• Clear labeling: Provide detailed information, including sender and recipient information, weight, dimensions, and any specific handling instructions. Adhere to labeling requirements for specific product categories where applicable.

Partner with an international shipping solutions expert: DHL Express

Shipping from Norway to Vietnam successfully requires careful attention to detail and a solid understanding of Vietnam import regulations. Navigating these complexities can be a significant undertaking. However, with a reliable and experienced international shipping solutions provider like DHL Express, the entire import process can be streamlined and simplified. 

With our extensive global network, efficient shipping options and advanced tracking capabilities, our supply chain solutions ensure your goods move seamlessly while you focus on growing your business. 

Kickstart your shipping journey and unlock the benefits of trade with Norway today by opening a business account with us. Let us be your trusted partner in successfully shipping to Vietnam.