Need to send a consignment of goods from Australia to Vietnam? TSL provides a fully comprehensive service covering both air and sea freight between these countries. You can rely on us to get your goods the 5,200km-plus from Australia to Vietnam safely, quickly – and for a fantastic price.
Vietnam has seen considerable economic growth over the last 20 to 30 years. It has a young and increasingly wealthy population of around 93 million and, as such, significant potential for foreign investors. Vietnam is one of the ASEAN (Association of Southeast Asian Nations) countries, and in general these nations have growing middle and consuming classes. This leads to more opportunities for Australians hoping to export goods to these markets, as there’s an increased demand for the products our country has to offer.
You probably know what a goods export is – but what do we mean when we talk about Vietnam’s imports of services? Well, for starters, the annual services trade between Australia and Vietnam is worth around A$3.5 billion (2017 figure).
But what are service exports? This term refers to any service provided by a resident in one country to a company or people in another. Such services can cover a wide range of industries. The following are examples of Vietnamese imports of services from Australia:
With regard to service imports, Vietnam’s increased focus on a market-based economy and significant economic growth has meant a higher demand for training and education services. The need for training in areas such as English language, business and management and IT is high, particularly in the country’s main urban centres. In fact, Vietnam’s major service imports from Australia are currently in the area of education-related travel.
Vietnam and Australia are both part of the AANZFTA, the economic partnership agreements Australia/New Zealand and the ASEAN countries, which entered into force in 2010. This means goods coming into Vietnam benefit from preferential import tariffs, which are sometimes as little as 0%.
At the time of writing, another agreement covering trade between Australia and Vietnam had also just been signed but was not yet in force, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP-11). You can find out the latest on free trade agreements Australia is party to from the Department of Foreign Affairs and Trade.
With TSL, exporting to Vietnam by sea from Australia takes between 18 and 30 days. Transportation time depends on the following factors:
TSL can organise all aspects of your sea freight operation on your behalf. Our services include everything associated with freight forwarding including packing, inland travel, customs clearance, warehousing/storage and distribution, both in Australia and Vietnam. If you need to export to Vietnam by sea and would like to know more about sea freight services to Vietnam with TSL Australia, please get in touch on our website or by giving us a call.