SKF Vietnam has one-year contractual relationships with four state-owned importers, reflecting expansion of its Distributor/Dealer network (known as the D/D network).
In the south, Textimex, which is an SKF distributor as well as importer, has been joined by Machino-Import, which acts purely as an SKF importer. Imports to the south are divided roughly 50/50 between these two companies. Elmaco and Vinametal have been appointed as importers and distributors for the northern part of the country. Occasionally SKE Vietnam uses other importers for special situations. The importer is the conduit for SKE bearings to reach Vietnam. Shipments arrive at New Port or Saigon Port in Ho Chi Minh City in the south, and at Haiphong in the north.
Bearings normally carry 0% import tax since there is a strong demand for them in Vietnamese industry but locally produced supplies are not available. However, 40% duty is charged if customs declares them as automotive bearings. Import licences are granted to authorized importers on an annual basis for unspecified quantities of bearings. (In contrast, a licence to import many other goods has to be acquired on a case-by-case basis.)
Customs clearance - the responsibility of the importer - at present can take a week or more, longer in the north. Troublesome details may hold up incoming shipments, as for example if the country of origin of the bearings does not match that shown on the bill of lading. (The SKE warehouse in Singapore sources bearings from SKE plants around the world, depending on their availability.) One of the strengths of SKF is its ability to ship stock quickly to its various subsidiaries and offices. Including the time taken to prepare the shipment and the actual shipping time from Singapore (three to four days each), new stock reaches customers or distributors in Vietnam in three to six weeks at best. Unlike wholly owned sales offices in other countries, SKF Vietnam itself is not allowed to maintain stock in Vietnam.
THE ROLE OF THE IMPORTER : SKF in Vietnam article from Business Management Catagory THE ROLE OF THE IMPORTER
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