1. Introduction
On July 14, 2025, SUHYUP Bank organized a ceremony at Lotte West Lake in Hanoi for 20-30 Korean import-export specialists from Korean enterprises. As one of UNI’s valued clients, SUHYUP Bank organized a program aimed to equip Korean businesses with essential knowledge for leveraging Vietnam’s FTAs and navigating customs clearance procedures effectively.
Mr. Byun Sang Hyun, CEO of UNI Customs Consulting, was invited as the keynote speaker to deliver the consultation at the opening ceremony.
2. Details About the Lecture
a. Characteristics of Vietnam’s Import and Export
The session focused on risk management strategies through a comprehensive “Self Check” framework. Key risk areas covered included:
- Data discrepancy between accounting records and export documents
- Failure to report duty-free raw materials sold domestically
- Undeclared taxes on tax-exempt machinery/equipment sales
- Production quantity discrepancies between reported and actual figures
- Unreported raw material disposal by processing/exporting companies
- Improper management of export versus domestic materials
- Import quantity exceeding declared amounts
- Missing cost factors (royalties, fees, shipping) in declared prices
- Inconsistent HS code classification for identical goods
b. How to take advantage of Vietnam’s FTAs (Free Trade Agreements)
Our CEO, Byun Sang Hyun presented a practical four-step FTA framework addressing common scenarios Korean importers face:
- Initial FTA application during import
- Situations requiring replacement goods (defective products)
- FTA re-application procedures for replacement items
- Certificate of Origin reuse guidelines
The session emphasized maximizing cost savings through proper FTA utilization while maintaining compliance with rules of origin requirements.
c. Practical Cases of Customs Clearance
Real-world case studies provided actionable strategies for Korean importers, covering documentation requirements, timeline management, and communication with Vietnamese customs authorities.
3. Conclusion
This successful consultation meeting, organized by Suhyup Bank with Mr. Byun Sang Hyun as the keynote speaker, reinforced UNI Customs Consulting’s position as a trusted partner for Korean enterprises expanding into Vietnam. The meeting was marked by dynamic exchanges between Mr. Byun Sang Hyun and attendees, with participants actively engaging in discussions and raising numerous interesting questions throughout the session.
The collaboration with SUHYUP Bank, one of UNI’s valued clients, demonstrates sustainable relationships between UNI and Korean enterprises. With expertise in customs clearance regulations and FTA developments, UNI have always been smoothing customs procedures and maximizes competitive advantages for not only Korean businesses but also foreign Direct Investment (FDIs) in Vietnam’s dynamic trade environment.
📞 Contact UNI Customs Consulting for free consultation:
📧 Email: uni@eximuni.com
📱 Hotline: +(84) 908-535-898 (Vietnamese) | +(84) 902-927-767 (Korean)