Vietnam is a promising supplier for anyone who cares about trading wood and wooden products. If you are among them, read through this post.
We will show you how to import veneers from Vietnam. You can also learn how to simplify the whole complex shipping process.
The Origin
Wood veneering has a long history dating back to 3000 BC in ancient Egypt and extends into modern woodworking.
People cut veneers by hand until the 1820s, when machines used to cut the timber first appeared.
Ancient history
The veneer is a centuries-old material. The ancient Egyptians became the first to cut thin boards from wood to get the most out of the resource.
The Egyptians invented tools for cutting veneer off logs in the Old Kingdom. They put the incredible woodwork made of ivory and ebony in King Tut’s tomb in Egypt millennia ago.
This product was also an idea for conservation. Because Egypt is mainly desert, wood was scarce and extremely valuable, just as the precious stones employed for sophisticated furniture decoration.
Then it appeared in areas where there were no big woods, lumber as a raw material was precious, and its outputs were much desirable.
The items discovered in King Tut’s tomb demonstrate that, despite the simplistic woodworking skills of the era, people already learned how to showcase the profound beauty of wood.
Uses
Interior designers and architects can use these products as ornamental features in their projects. However, these items need professional carpenters with a high degree of skill.
Because working with wood veneer is so complicated, industry standards help guarantee that not only is the job completed to a high level but that everyone involved is on the same track.
The following are the three most typical uses for these items:
- The commercial environment uses: hotels, reception areas, office lobbies, and board rooms
- Casework
- Aesthetic covers for MDF and commercial particleboard
>> Read More: Ultimate Guides To Import Keruing Wood From Vietnam In 2023
Current Market For Importing Vietnamese Veneers
Global and domestic analysts agree that Vietnam’s wood business has more potential in domestic and international marketplaces.
The entire wood industry
Over the last ten years, this sector has experienced rapid expansion, with export value rising at a rate of 15.5% per year on average. In 2020, the industry reached $4.6 billion from exports, an increase of 17.9% compared to last year.
In terms of total turnover, the country now ranks sixth worldwide, second in Asia, and first in Southeast Asia.
In the next ten years, global furniture needs might exceed $300 to 400 billion per year. Vietnamese furniture exports currently account for only 2% of global demand. As a result, local businesses have more potential to expand their exports.
Veneer industry
Thanks to the stable development of the entire wood sector, exporting veneers has become much easier.
The Vietnam-Germany Forestry Programme had established the country’s first Veneer Award. The prize has stimulated veneer use and development in the Vietnamese wood processing sector.
The prize also aims to assist the local businesses in transitioning from natural hardwood to veneer to enable the Vietnamese furniture and home interior industries to become more competitive.
All local entrepreneurs who can offer a realistic solution that has never been presented before can join the competition.
>> More: The following article will share with you everything related to the topic of how to import sawn timber from Vietnam.
How To Import Veneers From Vietnam?
With so many foreign investors working in Vietnam, they must comprehend the country’s export and import processes.
Registration
To engage in trading activities in this country, you do not need to obtain a special import and export registration.
Trading business is the most common organization for investors wishing to engage in these activities and local distribution of products.
Starting a trading firm takes around three months, and getting a trade license might take anywhere from one to three months.
In fact, businesses who desire to import into Vietnam but don’t want to put up a local official organization might choose an importer to help them.
This strategy enables international enterprises to handle logistical, legal, and communication barriers if they are short on time, want to explore other options, or just import several times.
Customs procedures
The Vietnamese customs clearance requirements apply to any items imported and exported in the country.
Companies must provide a bundle of paperwork. Authorities may ask for the following extra documents, based on the products:
- Customs Declaration
- Customs export declaration form
- Export permit
- Bill of lading
- Contract
- Certificate of origin
- Commercial invoice
- Packing list
- Technical standard or health certificate
Taxation
Most services and products exported from this country are tax-free. Only a few goods, mostly natural resources, are subject to export taxes.
VAT applies to a wide range of commodities. Furthermore, the Special Consumption Tax Law allows merchants who buy SCT tax-liable items to be subject to SCT.
Export duty disclosures are necessary upon registration of customs clearance with the customs offices. However, they have to pay within 30 days after registration.
>> Read More: Import Household Wood From Vietnam – Origin, market and shipping process
About Vncomex
This country’s entire delivery process is quite complicated. As a result, most foreign traders prefer to request aid from a reputable company.
Choose Vncomex if you want to get into the Vietnamese market easily. The goal of our company is to provide high-quality products and services.
Although our company developed through tough times, we have made our objective to build a strong company with “Cooperation – Development.”
Thanks to our years of professional expertise, we have a lot of thorough knowledge in successfully exporting goods.
We have also evolved into a powerful group that has received a lot of recognition in all regions due to our hard work.
Last but not least, we provide our clients with cost-effective solutions. Hence, you don’t have to worry about the price.
Conclusion
Hopefully, the given information has provided you with helpful information on how to import veneers from Vietnam. Please leave a comment if you have any questions. We’ll get back to you as soon as possible. Thank you for reading!
