Vietnam is the easternmost country on the Indochina Peninsula in Southeast Asia. With an estimated 90.5 million inhabitants as of 2014, it is the world’s 13th-most-populous country. The Vietnamese economy is expected to become the world’s 21st-largest by 2025, with an estimated nominal GDP of $436 billion. Don’t miss out on access to this huge market-export from the US to Vietnam.
Vietnam’s chief trading partners include China, Japan, Australia, the ASEAN countries, the US, and Western Europe. In 2014 the country negotiated a free trade agreement with the European Union.
Vietnam may be the fastest-growing of the world’s emerging economies by 2025, with a potential growth rate of almost 10 percent per annum in real dollar terms. Vietnam is already one of Asia’s most open economies: two-way trade was valued at around 160 percent of GDP in 2006. Learn more about how to export from the US to Vietnam.
Shipping volume is an important determinant here. Volume that is equal to at least half of a container calls for a full container load (FCL). A 20-foot container can ship 10 standard pallets, while a 40-foot container carries 22 standard pallets.
Whatever the volume of shipment, FCL is also the best way to avoid any risk of damage to your goods that may be caused by contact with other exporters’ goods.
Groupage-a shared container (LCL)-is otherwise a good and economical choice that requires you to pay only for the shipping space you use. Consult iContainers for rates and other important information.
Port of Da Nang
Da Nang Port is a major port system located in central Vietnam at the mouth of the Han River on the South China Sea. It is the third-largest port system in Vietnam. In 2008, the port handled 2.7 million tons of cargo, of which 1.2 million tons were exports, 525,900 tons were imports, and 985,600 tons were domestic cargo.
Port of Saigon
Saigon Port is a network of ports in Ho Chi Minh City. By 2013, it had become the 24th busiest container port in the world. By the end of 2012, Saigon Port was handling 3.5 million TEUs of containers annually, an increase of 14 percent from 2011.
Port of Haiphong
Hai Phong is a port group in Haiphong City, Vietnam, that is the leading seaport for northern Vietnam. This port system is under development to handle ships up to 30,000-40,000 DWT. It offers cargo handling, tallying, and warehousing, among other services.
Under certain circumstances, air freight may be more appropriate to your needs than ocean freight, particularly if you have a tight schedule or an urgent shipment. Air freight comes with some limitations in terms of volume and weight; iContainers provides a calculator to help you determine whether this is the right option for you.