Seafood Import: Pay Vietnam Suppliers Fast
Import fresh, frozen, and processed seafood products Send VND payments to Vietnam suppliers with t+0 (2.3s avg within unicorn network). Save 86% vs traditional banks.
Save £3,030 per £100k Payment
Typical savings for Seafood Import paying Vietnam suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Transparent pricing
- ✓ NAPAS (National Payment Corporation of Vietnam) available
- ✓ 0.14s automated compliance
At £150k-£1.5M monthly volume, save £36,360/year
Common Challenges: Seafood Import in Vietnam
Industry Pain Points
- Cold chain integrity critical
- Perishability and shelf life
- Catch quotas and sustainability
- Health certificate requirements
Country-Specific Considerations
- State Bank of Vietnam (SBV) foreign exchange controls
- Tax identification number (TIN) required for suppliers
- Import license for certain goods
- VND is non-convertible - must use USD intermediary
How Unicorn Solves Seafood Import Payment Challenges in Vietnam
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use NAPAS (National Payment Corporation of Vietnam) for instant VND settlement.Vietnam domestic payment switch
Real-Time FX Exposure Tracking
Upload supplier invoices as PDFs. Our AI OCR extracts amounts and currencies. See exactly what waiting costs you in real-time. Lock rates for 15 seconds when you see a good rate.
0.14s Compliance Screening
Automated compliance checks for Vietnam regulations.State Bank of Vietnam (SBV) foreign exchange controls handled automatically.
Seafood Import Payment Profile
Understanding the payment dynamics of Seafood Import when paying Vietnam suppliers
⏱ Payment Timing
Fresh: payment on delivery or CAD. Frozen: Net 30. Auction purchases: immediate.
📄 Invoice Terms
CAD (fresh), Net 30 (frozen), immediate (auctions). LC for large frozen consignments.
Continuous demand. Fishing seasons affect supply. Christmas/Easter peaks. Fresh requires constant ordering.
📊 FX Risk Profile
HIGH: NOK (salmon), EUR (European), VND (shrimp). Commodity pricing + FX. Fresh product timing critical.
Direct relationships with processors. Auction participation for fresh. Long-term contracts for consistency. Sustainability credentials important.
Common Documentation for Seafood Import
- Health Certificate
- Catch Certificate (IUU)
- Temperature Log
- MSC Chain of Custody
- Veterinary Certificate
Popular Vietnam Supplier Types for Seafood Import
Common Vietnam Suppliers
- Textile manufacturers (Ho Chi Minh City, Hanoi)
- Electronics assembly (Bac Ninh, Hai Phong)
- Furniture makers (Binh Duong)
- Agricultural exporters (Mekong Delta)
Payment Tips for Vietnam
- Most Vietnamese suppliers prefer USD over VND
- SWIFT still dominant - local rails underdeveloped
- Vietnam emerging as China alternative for manufacturing
- Lower labor costs but less infrastructure than China
Ready to Pay Vietnam Suppliers 86% Cheaper?
Join Seafood Import businesses saving £3,030 per £100k payment with t+0 (2.3s avg within unicorn network).
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