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ATA Carnets to Vietnam, Now is the Time

Monday, July 11, 2022

Boomerang carnets® makes it easy!

Vietnam is officially the 88th country/territory to join the ATA Carnet system as of May 1, 2022.  The long-awaited status is welcomed by many who see Vietnam as the ideal place to expand their businesses.  Vietnam was the United States' 28th largest goods export market in 2020.  Goods exports to Vietnam in 2020 totaled $9.9 billion and the top export categories were: electrical machinery, plastics, and other machinery.  U.S. exports of services to Vietnam were an estimated $2.2 billion in 2020, with the travel, transportation, and technical sectors leading the list. 

ATA Carnets help businesses going into Vietnam as well as businesses coming out.  Right now, Vietnam accepts ATA Carnets for “trade fairs and exhibitions” only.  Using an ATA Carnet to show and represent your product or service at an exhibition, fair, conference, or convention establishes unique bonds that can lead to new contracts.  ATA Carnet use will save you significant amounts of cash because your temporarily exported goods enter duty and tax free.  Attending foreign trade shows is no longer cost prohibitive.  This is the perfect time to explore new opportunities. 

The ATA Carnet is an internationally accepted customs document for temporarily exported merchandise, goods, or professional equipment and allows cross border movement of goods import-duty and -tax free into any of the 87+ carnet countries and territories for up to a year.  The ATA Carnets’ benefits include significant savings on import-duty and -tax with built-in ease Clearing Customs.  Acceptable goods on a carnet into Vietnam includes goods for display at trade fairs and exhibitions.

At Boomerang, we make traveling with your goods, gear, and equipment clear and simple by providing the resources and destination specific information you will need.  With 35 years in the business, we understand what you want to know to make your trip as hassle free as possible.  

Boomerang makes it easy!

  • Duties and VAT/GSTDuties and VAT/GST | ATA Carnet – a list of VAT/GST and Duty rates for countries including Vietnam. 
  • Advisories: Advisories | ATA Carnet to keep you up to date on any information to specific countries including Vietnam.
  • Carnet Countries:  Whether you are thinking of getting an ATA Carnet to Vietnam or elsewhere, check out our ATA Carnet countries page.  It may answer your question, but it also may ignite an idea to expand where you never thought of going before.
  • Videos: Making Carnets Easy Videos | ATA Carnet  - see our Making Carnets Easy videos for a step-by-step instructional on ATA Carnet use from start to finish.  

Boomerang’s Carnet Specialists offer expert customer service.  We are here to assist you 24/7, just call the Carnet HelpLine® 1-800-ATA-2900 |1-800-282-2900 or email us.  Also, if you want to ship by cargo, Boomerang has freight forwarder partners who can deliver your carnet to you, as well as handle your freight. 

For ATA Carnet news and updates subscribe to our eNewsletter: Exportise