Taiwan

Vietnam and Taiwan Trade Relations

The overall situation

The bilateral cooperation between Vietnam and Taiwan has significantly strengthened since the early years of the 21st century. Thanks to this collaboration, combined with stable economic growth and a large consumer market, Vietnam has remained a preferred investment destination for Taiwanese enterprises.

Last year, Vietnam’s total import-export turnover with the Taiwan market reached 25.4 billion USD, an increase of 20.6% compared to 2020. Of which, Vietnam’s export turnover to the Taiwan market reached 4.6 billion USD. billion USD, an increase of 6.2% compared to 2020. Exports from the two countries’ markets account for 1.4% of Vietnam’s total exports to the world, reaching 20.8 billion USD, an increase of 24.4% compared to 2020 

Update: 15/01/2023 / Source: https://www.congthuong.vn/

The state of trade relations

The main import categories from Vietnam to Taiwan include electronic technology products such as computers, electronic products and components, various types of fabrics, and raw plastic materials. In terms of regional cooperation in Southeast Asia, Vietnam has emerged as an essential partner in Taiwan’s economic development.

Update: 2/01/2023 / Source: https://www.inas.gov.vn/

Main Seaport/Airport

Types Of Shipping Modes

The types of cargo transportation from Vietnam to Taiwan include:

By sea
  • Full Container Load (FCL) shipping
  • Less-than-container Load (LCL) shipping

DELIVERY TIME

Shipping time ranges from 4 – 7 days. You can refer to the following routes:

  • HCM – KHH: 4 days
  • HCM – KEL: 7 days
  • HCM – TXG: 5 days
By air
  • Air charter for full cargo loads
  • Express air shipping

DELIVERY TIME

Fast shipping, typically taking 1-3 working days

By road
  • Transportation via containers, pickup trucks, or medium-sized trucks

DELIVERY TIME

Shipping time is approximately 5-7 working days. This method is suitable for non-bulky cargo.

Requirements for importing into Taiwan

Requirements for electronic products
  • Electronic products must ensure that they do not cause electromagnetic interference or be affected by electromagnetic interference from other sources.
  • Electronic products need to comply with RoHS standards on limiting the use of toxic substances
Food requirements
  • Required to have all import and export documents, related product certificates such as C/O, quarantine certificate
  • Determining chemical residues in agricultural products
Requirements for Taiwan import procedures
  • Provide all types of documents proving origin to determine the origin of the product
  • It is necessary to ensure that imported goods are fully and accurately labeled according to Taiwan’s regulations
Requirements for labels and packaging
  • Goods should be compactly packaged with an attractive design.
  • Provide complete information and usage instructions in Chinese.