Ocean Freight Transportation to Vietnam
In 2014, Vietnam negotiated a free trade agreement with the European Union, adding Western Europe to its list of chief trading partners, along with the ASEAN countries, the United States, China and Japan, and Australia. The US is Vietnam's leading export destination.
By 2025, Vietnam is expected to be the fastest-growing of the world's emerging economies, with a potential growth rate in real dollars of almost 10 percent annually. Vietnam is already one of Asia's most open economies-in 2006, two-way trade was valued at around 160 percent of GDP. Ocean freight transportation to Vietnam is clearly a vital tool for any exporter.
Full Container (FCL) or Groupage (LCL)
FCL (a full container load) or LCL (groupage, or a less-than-container load) are your options when shipping a container to Vietnam.
You'll need to determine your shipping volume in order to make an informed decision here. Any shipment equal to at least half of a container is considered a full container load (FCL), keeping in mind that a 20-foot container can hold 10 standard pallets, while a 40-foot container ships 22 standard pallets.
FCL is also the best way to avoid any risk of damage to your goods that may be caused by contact with other exporters' merchandise, and so may be a wise choice even for small shipments.
A shared container (LCL)-known as groupage-is a good and economical choice if separating your goods from others' isn't a concern. Groupage requires you to pay only for your own space within a shipping container, and so is cost-effective. Contact iContainers for rates and other important information on shipping.
Ocean Freight Routes to Vietnam
- Port of Da Nang Da Nang Port is the third-largest port system in Vietnam, located at the mouth of the Han River on the South China Sea. The port handled 2.7 million tons of cargo in 2008: 985,600 tons of domestic cargo, 1.2 million tons of exports, and 525,900 tons of imports.
- Port of Saigon Saigon Port is a network of ports in Ho Chi Minh City, the former Saigon. By the end of 2012, this port was handling 3.5 million TEUs of containers annually-an increase of 14 percent from 2011. By 2013, it had become the world's 24th busiest container port.
- Port of Haiphong Hai Phong is the leading sea port for northern Vietnam, and consists of a port group in Haiphong City. This port system is slated to handle ships of up to 30,000-40,000 DWT with future development. It currently offers cargo handling, tallying, and warehousing, among other services.
Air Freight Transportation to Vietnam
Air freight may be more appropriate to your needs than ocean freight in certain instances, particularly if you have an urgent shipment or a tight deadline. Some limitations are imposed on air freight in terms of volume and weight; look at the iContainers calculator to help you determine the right option for you.