Import and export of goods and services with Vietnam — a bilingual EN/RU contract for the bank and customs, ready in 15 minutes
Parties, documents and specifics for every deal scheme
Four contract types — for any deal structure with a Vietnamese partner
A Russian company imports goods from a Vietnamese supplier: electronics, clothing and footwear, seafood, coffee, furniture, or rubber products.
A Russian company supplies goods to a Vietnamese buyer: metals, fertilizers, industrial equipment, or petroleum products.
A Russian company receives IT services, software development, design, or outsourcing from a Vietnamese company.
A Russian company provides engineering, consulting, training, or IT development to a Vietnamese client.
Key terms to reflect in the contract with a Vietnamese company
The main legal forms are Công ty TNHH (LLC — limited liability company) and Công ty Cổ phần (joint-stock company). The key identifier is the MST (Mã số thuế), a tax identification number of 10–13 digits. You can verify a company through the National Business Registration Portal (dangkykinhdoanh.gov.vn) or Vietnam's tax authority portal.
TNHH · MST · registryVietnam acceded to the Vienna Convention (CISG) in 2015. For a contract of sale of goods, CISG applies automatically unless otherwise specified. To exclude it, say so expressly in the contract: choosing the law of a Contracting State (such as Russia) does not exclude it.
CISG · 2017Main ports: Ho Chi Minh City (Cát Lái) in the south and Hai Phong in the north. For imports, the basis can be FOB Ho Chi Minh or FOB Hai Phong. CIF is used when freight and insurance are included in the contract price.
FOB · Ho Chi Minh · Hai PhongThe contract can be denominated in VND (Vietnamese dong) or another currency. Check with your bank for the current settlement options with Vietnam — routes may run through correspondent banks in third countries.
VND · currencyAnswers on drawing up a contract with a company from Vietnam
Fill in the form, pay online — and download right away. The file is accepted by banks and customs.
The key identifier of a Vietnamese company is the MST (Mã số thuế), a tax number of 10–13 digits. It is assigned upon registration and appears in all official documents — the equivalent of a Russian INN. You can verify a company's status through the National Business Registration Portal (dangkykinhdoanh.gov.vn). Include the MST in the contract's details section.
Vietnam acceded to the Vienna Convention on Contracts for the International Sale of Goods (CISG) in 2015; the convention entered into force on January 1, 2017. Unlike the UAE, CISG applies automatically when entering into a contract of sale of goods with a Vietnamese company. If you want to exclude CISG or choose a different governing law, state this explicitly.
Vietnam has an extensive port network. Container ports include: Cát Lái (Ho Chi Minh City); Hai Phong — the main gateway to northern Vietnam; Da Nang — serving the central region; Vung Tau — an oil and container terminal. Air cargo moves through Tan Son Nhat (SGN) and Noi Bai (HAN) airports.
Imports from Vietnam to Russia: electronics and components, clothing and footwear, seafood (shrimp, fish, squid), coffee, natural rubber, furniture and wood products, fruits and vegetables. Exports from Russia to Vietnam: fertilizers, metals, petrochemical products, wheat. Russia and Vietnam have a Free Trade Agreement under the EAEU (since 2016).
The Free Trade Agreement between the EAEU and Vietnam has been in effect since 2016. It provides for reduced or zero duties on a wide range of goods, subject to rules of origin. When exporting to Vietnam, check with your customs broker whether preferential rates apply to your goods.