Vietnam Expands Bonded Warehouse Network for Global Trade

  • Establishing a bonded warehouse in Vietnam supports international trade logistics, providing secure storage before customs clearance.
  • Regulatory framework includes Customs Law and specific decrees guiding warehouse establishment and operation.
  • Key steps involve document submission to Customs, including business registration and layout plans.
  • Customs review ensures compliance with location, security, and operational standards.
  • Benefits include deferred import duties, streamlined export processes, and enhanced operational efficiency.
  • Locations across Vietnam include major cities and industrial parks, optimizing logistical advantages for businesses.