Understanding HSN Codes in Vietnam : A Comprehensive Guide

Introduction

The Harmonized System Nomenclature (HSN) Codes, devised by the World Customs Organization (WCO), serve as the global standard for classifying goods in international trade. Vietnam utilizes these codes, known as Mã HS locally, to regulate trade, streamline customs procedures, and track the movement of goods across its borders.

HSN Codes in Vietnam are crucial for trade policy, tariff determination, and compliance with international trade agreements.

Vietnam applies HSN Codes to align with ASEAN trade standards and international customs protocols, enhancing the efficiency of trade operations and economic policies.

These codes are vital for Vietnam's trade processes, including determining import duties, export taxes, and for businesses to adhere to trade regulations.

Vietnam's use of HSN Codes underscores its commitment to the WCO's harmonization efforts, promoting uniform trade practices and facilitating global commerce.

Vietnam has adopted the HSN system with additional digits, enabling a more detailed classification of goods, essential for accurate tariff and trade policy implementation.

Vietnam's HS Code system is designed to ensure precise classification of goods, critical for customs, taxation, and facilitating international trade.

Considering Vietnam's significant textile industry, the HSN Code for cotton fabric might be 5208.52.00.

Chapter (52): Cotton, including yarns and woven fabrics thereof.

Heading (08): Woven fabrics of cotton.

Sub-heading (52): Containing 85% or more by weight of cotton, weighing more than 200 g/m2.

Vietnamese Specific Extension (00): These additional digits could specify the type of weave or other particular characteristics as defined by Vietnamese trade regulations.

HSN Codes are integral to Vietnam’s trade mechanism, affecting customs duties, taxes, and trade compliance. They facilitate Vietnam's active participation in international trade and regional agreements like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Businesses in Vietnam use HSN Code-based trade data for market analysis, competitive intelligence, and strategic decision-making. This information is crucial for understanding global market trends and identifying trade opportunities.

Volza provides a detailed list of Vietnam’s HSN codes, along with trade data analytics. This tool is invaluable for companies involved in Vietnamese trade, offering insights into tariff rates, market trends, and aiding in strategic business planning and compliance.