How To Import Jeans From Vietnam? The Complete Guide In 2022
Jeans are a must-have item for almost every Vietnamese person. This country, therefore, focuses on manufacturing these pants to adapt to domestic and international demand.
If you intend to import jeans from Vietnam, you’ve accessed the right page. Let’s scroll down for the complete guide to trading in this potential market!
The Origin
From the early Levi Strauss industrial garments in the 1860s to modern fashionistas’ must-haves, the story of jeans has been a long and complicated journey.
History of the material
When Levi Strauss made the first denim pants, he created jeans. Levi Strauss with Jacob Davis developed the first authentic traditional blue jeans in 1873.
Jeans are a worldwide clothing item for the affluent and poor, women, men, and kids across the world.
The film industry was the key to the garment’s popularity in the 1960s. Symbols of teenage rebellion such as Marlon Brando and James Dean identified the idea of denim with their way of life.
This item had become famous and global apparel in the 1970s, transcending class, sex, and race.
Vietnamese jeans
These items became popular in Saigon in the 1970s and first appeared in Hanoi in 1966.
In today’s Saigon, there are many denim-related options to choose from. In famous markets across the country, you may get those pants in various styles.
You may also look around the secondhand clothes stalls that ring the market for crisp, well-folded “Levi’s” that are accessible at the shops upfront.
Over the last decade, Vietnam has grown its manufacturing and export of these products.
Since 2010, Levi’s has run a factory in Ninh Binh province. The factory supplies all of its products throughout Asia.
Saitex, headquartered in Bien Hoa, some 28 kilometers outside of Saigon, is one of the first firms to promote environmentally friendly denim processing.
In 2010, the company’s CEO decided to employ several initiatives to lessen the environmental effects of the pants the factory makes.
Current Market Of Importing Vietnamese Jeans
Fabric and textile bottlenecks exist in the Vietnamese textile and apparel sector. However, specific jeans and denim are different.
Export value
Many FDI companies, such as Texhong of China or Hyosung of Korea, have invested millions of dollars in this country.
Local companies have access to material supplies for production, with a 55 to 60% localization percentage in these trousers.
In the first half of 2021, textile exports brought in $17.9 billion for this country.
From January to June 2021, exports to the Southeast Asian nation climbed by 15.5% yearly to $15.3 billion.
The United States accounted for about half of all exports ($7.606 billion). Japan and South Korea rank as the second and third biggest importers, spending $1.57 billion and $1.24 billion on Vietnamese products.
Opportunities
Vietnam is one of the most cost-effective places for manufacturing garments and textiles while guaranteeing high quality.
This country is likely the single largest winner in the tariff war. Businesses have flocked there since the original tariffs came into play, prompting a significant boom in consumption and investment.
Moreover, this country has already signed a free trade agreement with the European Union. It will allow Vietnamese manufacturers and European Union clients to trade freely.
The agreement also enables European companies and investors to set up production in Vietnam with few limitations.
Regarding the quality of final items, Vietnamese products rank in the top 90% globally.
Vietnamese workforce work after rigorous training courses from a management company or sourcing agency from Japan, Korea, or the United States.
Threats
Although Vietnamese companies have an excellent local raw material supply, they sometimes need to import components from China. This extra step might easily add some time to the manufacturing time.
How To Import Jeans From Vietnam?
The shipping system might be complex due to the numerous processes and additional paperwork.
If you’re new to this market, there are a few points to keep in mind, including:
Vietnamese regulations
Vietnam has signed trade agreements with more than 50 countries. Both parties committed to entering into a contract legally and ethically.
As a result, you must first check that your country complies with both Vietnamese commercial relations and your own country’s regulations.
The supplier
When picking a vendor, it is critical to visit this country and evaluate the manufacturing, storage, and supply chain.
You should also read the reviews for all of the firms you’re considering. It would be best to seek recommendations for reliable providers in your field from your coworkers or other business.
Sales contract
A sales contract is essential, like any other business agreement between a provider and an importer.
Both parties will explain their requirements in the contract, including payment, customs details, contacts, and more. You should engage a lawyer to handle these things for you.
Shipping method
You may either transport your goods by sea freight or via air freight. Each option comes with both benefits and drawbacks.
However, because Vietnam appears to be an ocean-facing region, sea freight is the better option. It can also help you save money on shipment.
Shipping time
This country has an extensive network of harbors, allowing for speedy shipment to the western coast of the United States within three weeks, the eastern coast of the United States in four to six weeks, and Europe in four weeks.
Necessary documents
The customs officials will ask you to hand in these documents:
- Bill of lading
- Contract
- Form of customs export declaration
- Export permit
- Certificate of origin
- Commercial invoice
- Packing list
- Technical standard certificate
About Vncomex
Importing products from Vietnam might be difficult if you are new. Luckily, you may minimize inconveniences by partnering with a reliable company, like Vncomex.
So why should you choose us?
- Position: We are always attempting to enhance our position in the industry by delivering superior services and products.
- Human resources: Our high-qualified and professional staff is always ready to offer you their complete support.
- Price: You will be satisfied with our excellent service at an affordable price.
Conclusion
To import jeans from Vietnam, you should understand this market’s manufacturing system and shipping process. Hopefully, you will find this article helpful. If you want to simplify your importing procedure, contact us.
Thank you for reading!
source https://vncomex.com/import-jeans-from-vietnam/
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