In recent years, Vietnam’s trade balance has grown dramatically in both exports and imports. In which, import turnover increases faster than export.

What is import?

Import is an international trading activity, a process of exchanging goods between countries based on the agreed principles of exchange. exchange for currency as a broker. Import is not an act of individual trading but a system of trading relations in an economy that has both internal and external organizations.

> See also: Import and export trade

According to Article 2 of Circular No. 04 / TM-DT of July 30, 1993 of the Ministry of Trade: “The equipment import business is the entire process of handing over translate, sign and perform contracts for the purchase and sale of equipment and services related to equipment in foreigner relations … “.

The goal of import is to effectively use foreign currency capital to import goods and services to serve the expansion and reproduction process. scarcity of goods and services … in the domestic market.

In addition, import business also ensures the stable development of spearhead economic sectors of each country when domestic production capacity is not met. enough.

Role of consignment import

With the increasing growth of import turnover, import business plays an important role in Vietnam’s economic development. </ p>

Import shows the interdependence between the world economies, between the economy of a country and the world economy. Currently, all countries tend to move from confrontation to dialogue, the national economy has integrated with the world economy, the role of import business has become extremely important. </ P >

Imports create technology transfer that creates a boom in social production, saving time and money, creating a level of equality development in interpersonal society.

Imports create competition between domestic and foreign goods to create a driving force, forcing domestic manufacturers to constantly improve to produce goods chemistry, services … quality, promote social development and the purification of weak production units.

Import eliminates monopoly status, radically disrupts closed economy, self-sufficiency and self-sufficiency.

Imports address special needs such as rare or too modern goods that cannot be produced domestically.

Import is also a bridge connecting the economy, domestic and foreign markets, facilitating labor division and international cooperation, promoting comparative advantages comparison of countries based on specialization.

Vietnam goods import situation

According to the latest statistics from the General Department of Customs, the value of Vietnam’s imported goods in the first period of May 2018 reached US $ 10.15 billion. , increased by 16.3% (equivalent to an increase of US $ 1.42 billion) compared to the last 15 days of April 2018. By the end of May 15, 2018, the country’s import turnover of goods reached US $ 80.11 billion, up 10.4% (equivalent to an increase of US $ 7.52 billion) over the same period last year 2017. < / p>

It can be seen that, while trying to balance the trade balance, it cannot be denied that Vietnam is still a trade deficit.

Read more:

Services consigned import chemistry DHDlogistics

Merchandise import service is a quite competitive field because the import trend is growing, the demand for importing goods is increasing. Understanding this development trend, DHDlogistics has launched a professional and prestigious goods import service.

Main import markets (sorted in descending order)

  1. Chinese
  2. Korean
  3. United States
  4. EU
  5. Asean
  6. Japan
  7. Taiwan
  8. Thailand
  9. Malaysia
  10. Germany

It is easy to see that, 7/10 import markets are in Asia, so DHDLogistics is dominant in this playground.

Which commodity groups are Vietnam importing?

The following General Department of Customs statistics may be helpful for customers in reshaping their business lines.

Most imported groups (sorted in descending order)

  1. Computers, component products and electronics
  2. Machinery, equipment, tools and accessories
  3. Fabrics of all kinds
  4. Mobile phones and accessories
  5. Iron and steel of all kinds
  6. Material plastics
  7. Textile, garment, leather and footwear accessories
  8. Gasoline, oil of all kinds
  9. Other common metals
  10. Chemicals

In addition to the gold industry groups, there are many other commodity groups achieving high import value.

With many years of experience in the goods import industry, DHDlogistics is committed to bringing customers satisfaction when using the service.

DHDlogistics works based on the principle of “Doing professional work at the expert level” and actually demonstrates how, customers will be the smart answer. most transparent.

With the service and package provided by DHDLogistics, it will surely help customers save maximum import expenses.

With years of experience in export and import and with our professional staff, we will assist you with a complete, closed process including stages.

Hotline: 0967 783 698 – 0971 978 595
Address: No. 28 Duy Tan, Dich Vong Hau, Cau Giay, Hanoi