Professional Documents
Culture Documents
11 Other Conditions.................................................................................................................................... 31
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1 NAME OF COMMODITIES
Commercial/trade name and scientific name
Origin of goods
Brand name and trademark
Major specifications
Major uses
Harmonized system code
Note: Agricultural commodities, main specification, period of production, origins
Example:
Type Name of Commodities
Rice Vietnamese Long grain rice N24, 5% broken, Oct/2009 crop in the South
Jasmine Perfume Rice 5% Broken
Coffee Robusta Coffee bean grade 1 for export Sep-2019 Crop in Central Vietnam
Vietnamese raw Arbica coffee beans, Sep/ 2019 crop in Da Lat
Vietnamese robusta grade one under TCVN4193:2005, fair average quality, crop 2016, even
roast, clean cup
Fish Frozen Horse Head Fish Farmed in ____Can Tho
Frozen Pangasius Fillet Farmed in ____Dong Thap
Frozen Cut Poulp Squid Farmed in ____
Fruit Vietnam Fresh Dragon Fruit, 90% red color skin, Crop in Long An
Plant Fresh Cut Orchid Crop in _____
Primary Sawdust Charcoal Briquette
Wood Acacia sawn timber
Rubber Wood Finger Jointed Laminated Boards
Commercial Plywood
Steel Hot-rolled steel sheet in coil
Mophorn 304 Stainless Steel Cable 0.25 Inch Steel Wire Rope 150 Feet Steel Cable for Railing
Decking DIY Balustrade
Mophorn T316 Stainless Steel Cable 1/8 Inch Steel Wire Rope Cable 1000Ft Cable Railing for
Railing Decking Aircraft
Electronics Panasonic ErgoFit In-Ear Earbud Headphones RP-HJE120-K
assembled Digital Camera assembled in China in 2019
in…. Canon EOS 60D
Toshiba 32LF221U19 32-inch 720p HD Smart LED TV
Toshiba Wall Mounted Split Air Conditioner
Samsung AR-09MVFHH 1.0HP Inverter Split Type Aircon
Machinery Komatsu Excavator with Standard Bucket from Japan
Multi-purpose tractor Model CT 860
Footwear RHINO Shoe CH101KP Premium Series
PUMA Women's Suede Classic Sneaker
adidas Originals Women's Superstar Shoe
Clothing Amazon Essentials Men's Regular-Fit Short-Sleeve Casual Poplin Shirt
made in… New Men's Fashion Plaids Luxury Casual Slim Formal Stylish Dress Shirts UST6283
Harve Benard Casual Fashion Cotton Mens Shirts
Fertilizer Urea Fertilizer - 46-0-0-5 pounds
Compound Fertilizer NPK 10-4-4 High Quality
Others Power rattan under processing without parasite
Patterned Rush Mats
Page 2 of 31
2 QUANTITY TERM
• Countable
– Single unit
– Collective unit: Dozen, tens, set, bale
• Uncountable: Weights and measures systems
– Metric system: kg, km, MT
– Imperial System: Pound,
– American system: LT, ST
– Other systems
Hợp đồng cũng có thể quy định về người được hưởng quyền lựa chọn dung sai như:
– Do người bán chọn (at Seller’s option) – C group
– Do người mua chọn (at Buyer’s option)
– (Usually) Do bên nào đi thuê tàu thì được chọn (at Charterer’s option) – FOB
Example:
Type Quantity
Rice X000 MT, +/- …. % at …’s option
Coffee Gross weight = X000 MT, +/- …. % at …’s option
Fish X000 MT, +/- …. % at …’s option
Fruit X000 KGS, +/- …. % at …’s option
X000 boxes
Plant X000 MT, +/- …. % at …’s option
Primary XX MT, +/- …. % loaded in 1 container 40HC (Sawdust Charcoal Briquette)
Wood X000 M3, +/- …. % at …’s option
X000 pcs ~ X0000 CBM (07 fcls x 40 HC) Commercial Plywood
Steel X000 MT, +/- …. % at …’s option
Electronics X000 sets of …
Each set contains a camera, an user guide, a memory card; Rechargeable Battery Pack; AC
Adaptor; Micro USB cable.
Each set/box contains a television, quick setup guide, voice remote with AAA batteries (2) and
a stand.
Each set contains an Indoor Unit, an Outdoor Unit, Remote control with wall bracket holder,
Indoor unit wall mounting bracket, 15-foot Installation and Installation Manual - User’s
Manual
Machinery One unit
Footwear X000 pairs
Clothing X000 pcs
Fertilizer X000 MT, +/- …. % at …’s option
24 Metric Ton/Metric Tons 1x 20 FCL
Others X000 MT at …’s option
Page 3 of 31
3 QUALITY TERM
REMEMBER TO USE AT LEAST 2 METHODS OF QUALITY STIPULATION:
As per sample
Quality of the goods to be delivered is similar to/ as per that of the sample No 0109, dated 01, Sep, 20__, agreed
by both parties, sealed with signatures of both parties on each sample. The sample is made in triplicate with
equivalent value, kept by The seller, The buyer and Vinacontrol
As per sealed counter sample marked signatures of both sides in the possession of Vigarimex (seller)
and Shinsan (buyer) and Vinacontrol
As per technical documents
As per catalogue No.456 for Sony Cyber-shot WX220; issued by Sony coporation, 2018. A copy of the
catalogue hereinafter includes as Annex 1 of this contract
As per export standard or Vietnam and meet to the buyer’s standard
Eg: For Agricultural Products
As per grade 1 for green bean robusta coffee TCVN 4193:2014 standard, issued by the DIRECTORATE FOR
STANDARDS, METROLOGY AND QUALITY, in 2014. A copy of this standard signed by both parties are
included
Express the quality by technical characteristics:
- As per Specifications
- As per standard and grade
- Percentage of main/ major content
- Amount of Derivative extract from the commodity
- As per natural weight of the commodity
- As per technical documents
- By trade name and brand name
- As per description of commodity
Before buyer’s acceptance, inspection of goods by Vinacontrol at Intimex’swarehouse at any time and in
any reasonable manner shall be final inspection and biding both parties. Expenses of inspection shall be
borne by the buyer
Example: Technical Charcteristics:
3.1 Rice
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Yellow Kernels Max. 0.50 Pct (%)
Red & Red Streaked Kernels Max. 2.00 Pct (%)
Damaged Kernels Max. 1.00 Pct (%)
Chalky Kernels Max. 6.00 Pct (%)
Immature Kernels Max. 0.20 Pct (%)
Paddy (Grain/Kg) Max. 15
Milling Degree Well Milled, Double Polished
Crop 20__
3.2 Coffee
3.2.3 Vietnamese robusta grade one under TCVN4193:2005, fair average quality, crop 2016
SPECIFICATIONS: As per Vietnamese standard
- Screen 18: 90% min
- Broken: 2.0% max
- Moisture: 12.5% max
- Foreign matters: 0.5% max
- Density: 0.7gr/ml
- Damaged bean: 0.2% max
- Mineral residue fixed: 5% max
- Caffeine: 1% min
- Alcohol Extract: 7% min
- Ethereal Extract: 10% min
- Total Nitrogen: 12.5%
- Absence of dirts, parasites and worms
- Crop: Summer 2016
Production date: August 2016
Expiry date: April 2017
Other as per Vietnam coffee export standard.
3.3 Fish
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- Model Number: PEIYANG
3.3.3 Frozen Cut Poulp Squid
As per export standard or Vietnam and meet to the buyer’s standard
SPECIFICATIONS:
- Length: around 10-40 cm max.
- Diameter: as per samples approved
- Determination of total moisture: 3% max
- Determination of ash: 3%-4%
- Fix carbon: 80% min
- Determination of gross calorific: around 7800 Kcal/Kg
3.7 Wood
SPECIFICATIONS:
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- Shaving 4 side
- Kiln dry with moisture content is <20 %
- Dead knot below 2cm, no dead knot at the edge), no mold.
- Thickness/Width +/- 0.5 mm (+/- 0.5 mm ~ 1mm)
- Length: +/-1mm
- Small crack can be repaired
- Using E1/D4 Glue TLO
3.7.2 Rubber Wood Finger Jointed Laminated Boards
SPECIFICATIONS:
A side:
- No dead knot, white knot is smaller than 2cm is acceptable.
- No hit and mit, no bending, no mould.
- Sapwood is acceptable.
B side: Quantity of dead knot about 5-6 pcs is acceptable; no hit and mit; no bending; no mould. Sapwood is
acceptable
3.7.3 Commercial Plywood
- Dimension: 1220x2440x12mm
- Origin: Vietnam
3.8 Steel
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3.8.2 Mophorn 304 Stainless Steel Cable 0.25 Inch Steel Wire Rope 150 Feet Steel Cable for Railing Decking
DIY Balustrade
SPECIFICTION:
- Length: 45.5m/150 ft, 1/4 Inch diameter
- Construction: 7x19
- Breaking Strength: 5780lbs
3.8.3 Mophorn T316 Stainless Steel Cable 1/8 Inch Steel Wire Rope Cable 1000Ft Cable Railing for Railing
Decking Aircraft
SPECIFICTION:
- Construction:1x19
- Length: 1000ft(300m)
- Cable railing 2506 lb Breaking Strength
3.9 Electronics
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Sensor Type 1/2.3 type(7.76mm) Exmor R™ CMOS sensor
Effective pixels Approx. 18.2 Megapixels
Lens type Sony G 9 elements in 7 groups (including 4 aspheric elements)
Optical Zoom 10x (Optical Zoom during movie recording)
Screen Type 6.7cm (2.7type) (4:3) / 460,800 dots / ClearPhoto / TFT LCD
3.9.4 Toshiba 32LF221U19 32-inch 720p HD Smart LED TV
Quality of this unit must be in good working condition and 80% up value of use
- The engine, pump of this unit can start normally and in good working condition.
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- Frame number and engine number of this unit must be clear, no changed erased or remade.
- Frame is not deformed or decayed.
- Full system of lights, glass should not be crashed or broken.
- Horns, mirrors and battery in normal operation.
- The engine system, Oiling system, Hydraulic fluid and drive system of this unit must be examined before
shipment and in good working condition. No leaking of oil, fuel.
3.11 Footwear
Specification:
- Style: Low Cut, Lace Up
- Color: Brown
- Upper Material: Premium Buffalo Din Crazy Horse Leather
- Outsole Material: Dual Density PU/PU Sole
- Toe Cap: Steel Toe Cap
- Midsole: Kevlar
- Antistatic: Yes
- Size Available: 3 - 12 (UK)
- Standard: S1P
3.11.2 adidas Originals Women's Superstar Shoe
- Color: White/Black/White
- 100% full grain leather
- Rubber sole
- Shaft measures approximately 3.2" from arch
- Heel measures approximately 1.1"
- Platform measures approximately N/A
- Boot opening measures approximately 11" around
3.12 Clothing
- 100% Cotton
- Button closure
- Machine Wash
- Made in Vietnam
- Chest pocket, rounded hem
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- Lightweight poplin fabric
3.12.2 New Men's Fashion Plaids Luxury Casual Slim Formal Stylish Dress Shirts UST6283
- Material: Cotton Blend (65% Cotton 35% Polyester)
- Style: Button-Front
- Pattern: Plaids & Checks
- Sleeve Length: Long Sleeve
- Size (Men's): US XS, S, M, L, XL, XXL
- Colour: Win Red, Sky Blue, Gray, White, Dark Blue, Khaki, Green
- Brand: UST6283
3.12.3 Harve Benard Casual Fashion Cotton Mens Shirts
- Age Group: Adults
- Product Type: Shirts
- Gender: Men
- Material: 100% Cotton Fabric
- Type: Poplin
- Style: Casual Shirts Sleeve/ Long Sleeve
- Feature: Anti-Pilling, Anti-Shrink, Anti-Wrinkle, Breathable, Eco-Friendly, Plus Size, Quick Dry
- Season: Autumn
- Place of Origin: Zhejiang China (Mainland)
- Brand Name: Harve Benard
- Model Number: 13053118
- Color: lilac
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- Odor: Odorless
- Boiling: Decomposes before boiling
- Radiation: Non-radioactive
- Floatability in water: Sinks and mixes
- Molecular weight: 60.065
- Fertilizer granular: 94-96%min
- Prill: 96% max
- Fisher: 0.30%
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4 PACKAGING AND MARKING TERM
- Hòm (case, box): Tất cả những hàng có giá trị tương đối cao, hoặc dễ hỏng đều được đóng vào hòm. Người ta thường dùng các loại
hòm gỗ thường (wooden case), hòm gỗ dán (plywood case), hòm kép (double case), hòm gỗ dát kim khí (metallized case) và hòm gỗ
ghép (fiberboard case).
Bao (bag): Một số sản phẩm nông nghiệp và nguyên liệu hóa chất thường được đóng vào bao bì. Các loại bao bì thường dùng là: bao
tải (gunny bag), bao vải bông (cotton bag), bao giấy (paper bag) và bao cao su (ruber bag).
- Kiện hay bì (bale): Tất cả các loại hàng hóa có thể ép gọn lại mà phẩm chất không bị hỏng thì đều đóng thành kiện hoặc bì, bên
ngoài thường buộc bằng dây thép.
- Thùng (barrel, drum): Các loại hàng lỏng, chất bột và nhiều loại hàng khác nữa phải đóng trong thùng. Thùng có loại bằng gỗ
(wooden barrel), gỗ dán (plywood barrel), thùng tròn bằng thép (steel drum), thùng tròn bằng nhôm (aluminium drum) và thùng tròn
gỗ ghép (fiberboard drum).
Ngoài mấy loại bao bì thường dùng trên đây, còn có sọt (crate), bó (bundle), cuộn (roll), chai lọ (bottle), bình (carboy), chum (jar)...
Các loại bao bì trên đây là bao bì bên ngoài (outer packing). Ngoài ra còn có loại bao bì bên trong (inner packing) và bao bì trực tiếp
(immediate packing).
Vật liệu dùng để bao gói bên trong là giấy bìa bồi (cardboard), vải bông, vải bạt (tarpauline), vải đay (gunny), giấy thiếc (foil), dầu
(oil) và mỡ (grease). Trong bao gói có khi còn phải lót thêm một số vật liệu, thí dụ: phoi bào (excelsior, wood shaving), giấy phế liệu
(paper waste), nhựa xốp (stiropore) v.v... có khi vải bông cũng được dùng để lót trong.
Trong mấy thập kỷ gần đây, người ta dùng chất tổng hợp để chế ra vật liệu bao gói như các màng mỏng PE, PVC, PP hay PS.
- Quy định cụ thể các yêu cầu về bao bì, như:
+ Yêu cầu về vật liệu làm bao bì, ví dụ: bằng gỗ mới bằng màng mỏng polyetylen, bằng tre nứa đan, bìa bồi (cardboard), gỗ ghép
(fiber board).
+ Yêu cầu về hình thức của bao bì, ví dụ: Hòm (case) bao (bale), thùng (drum) cuộn (roll), bao tải (gunny bag) ...
+ Yêu cầu về kích cỡ của bao bì, ví dụ: mỗi bao 50 kg, đay ép 100kg/kiện v.v...
+ Yêu cầu về số lớp bao bì và cách thức cấu tạo mỗi lớp đó, ví dụ: Lớp trong có bôi mỡ và phủ giấy nến, lớp giữa làm bằng nilông,
lớp ngoài là hòm gỗ mới dầy không dưới 2cm.
+ Yêu cầu về đai nẹp của bao bì, ví dụ: hòm phải có 3 lượt nẹp, mà bề rộng từ 2 cm trở lên, mỗi góc hòm phải có sát coóc-ne v.v...
4.1 Rice
Rice to be packed in single new jute bags of 50 kgs net each, about 50.6 kgs gross each, hand-sewn at mouth
with jute twine thread suitable for rough, handling and sea transportation. The Seller will supply 0.2% of new
jute bags, free of charge, out of quantity of bags shipped.
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4.2 Coffee
Coffee to be packed in single jute new bags of 50 kgs net each, about 50,6 kgs gross each, hand-sewn at mouth
with jute twine thread suitable for rough handling and sea transportation. The Seller will supply 0.2% of new
jute bags free of charge out of quantity of bags shipped.
4.2.2 Vietnam Robusta coffee beans grade 1 in 2010-2011
Coffee to be packed in in strongly sewn new single jute bags of 60 kgs net each. Shipment in container
3x20' of 300 bags each
Shipping mark:
- Robusta coffee beans Made in Vietnam
- Net weight: 60kgs
- Gross weight: 60.700 kgs
- USE NO HOOK
One side printed in green color
4.2.3 Vietnamese robusta grade one under TCVN4193:2005, fair average quality, crop 2016, even roast, clean
cup
4.3 Fish
4.4 Fruit
- Fruits are covered by plastic bags and packed in strong cartons for long transportation by seaway or airway.
- Packaging Detail: By carton cover with ventilation. Company logo Cold Storage Sealed by Inspectors
applying for Vapor Heat Treatment Facility
4.5 Plant
- Orchid flower will be packed by Corrugated box, maximum 20 bunch will be packed in a box
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- Orchid flower will be packed by bag as per catalogue No.456, maximum 12 pieces will be packed in a bag,
then 50 bags to be packed in a carton case suitable for rough handling and sea transportation.
- Each case to be marked “FRAGILE”, “HANDLE WITH CARE”
4.6 Primary
- Packing: 10kg +/-300g/box, inner plastic bag, outer carton box 5 layers with printing (max 3 colors), white
sticky tapes, +2 PP banding.
- Marking: Buyer will give the detail marking design by email and confirmed market by mail
4.7 Wood
4.8 Steel
- Cable can be packed by plywooden reel or plastic reel or in soft coils and cartons and then packed by
wooden pallets
- Packing Term: 1000m per reel on wooden reel,then packed on wooden pallet
4.8.1 Hot-rolled steel sheet in coil
- Packing: Coil to be wrapped in reinforced paper with shipping mask of 4,966.93 kgs neteach and 5,000 kgs
gross each, an edge protector placed in the eye of the coil, 3steel strips around the coil’s circumference, 3
steel strips placed through the eyeof the coil.
- Packing and marking expenses shall be charged to the Seller’s account.
- Marking:
o HOT-ROLLED STEEL SHEET IN COIL
o Specification: A36Size: 5mm x 1000mm x C
o Net weight: 4,966.93 kgs
o Gross weight: 5,000 kgs
o NUCOR
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o Made in USA
4.8.2 Mophorn 304 Stainless Steel Cable 0.25 Inch Steel Wire Rope 150 Feet Steel Cable for Railing Decking
DIY Balustrade
4.9 Electronics
Each set to be packed in single new bag as per catalogue No.456, then 50 bags to be packed in a carton case
suitable for rough handling and sea transportation. Each case to be marked “FRAGILE”, “HANDLE WITH
CARE”
4.9.2 TV
- Each set/ piece to be packed in one color box, then 5 color boxes to be packed in one CTN
- Each set/ piece to be packed in Standard export carton box package suitable for container shipment.
- Shipping mark: “KEEP DRY”, “FRAGILE”
4.9.3 Air-Conditioner
- Each set/ piece to be packed in plastic bag inside and Double Paper Standard for Export Packing Carton/
Standard export carton box package suitable for container shipment outside
- Packaging Details: 1PCS/CTN
o Indoor Unit Packing Size: 1035*305*380mm
o Outdoor Unit Packing Size:900*400*600mm
4.10 Machinery
Each pair to be packed in one separate paper box whose dimensions: 14.6 x 10.8 x 6 inches, then 10 inner boxes
to be packed in one export carton
4.12 Clothing
4.13 Fertilizer
- Fertilizer to be packed as customer’s requirement in new OPP/ Craft bags of 50 kgs net each, about 50,6 kgs
gross each suitable for rough handling and sea transportation.
- The Seller will supply 0.2% of new OPP/ Craft bags free of charge out of quantity of bags shipped.
4.14 Wool
4.15 Others
- These good will be packed in bale of 50kg each, then the goods will be stuffed in container 20’.
- Packing: 20 pieces to be packed in one bale, which is wrapped in strong rush-mating and steel hooped.
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5 PRICE TERMS
Case 1:
Unit price: USD ____ per____
Total price: USD____per____
In words: __________
The Price is understood as
- FOB exporting port, VSR, as per Incoterms 2010, packing charges included (loading charge)
- CIF importing port, as per Incoterms 2010, packing included (unloading charge)
- CFR importing port, as per Incoterms 2010, packing charges included
Case 2:
Unit price: USD ____ /____ as per Incoterms 2010
Total price: USD____/____ as per Incoterms 2010
(says ____)
________included/excluded:
o Fumigation fee (for agriculture products)
o Packing charges
o Accessories fee (Electronics products)
Example:
5.1 Coffee
To be fixed at US $ 80 discount to [Month] 20___ LIFFE, price fixing in Seller's option before [dd/mm/yyyy]
date of invoicing whichever more convenience. If contract is unfixed at shipment, Buyer to pay maximum 80%
of LIFFE on B/L date. The balance to be paid after final fixation. Buyer has the right to place a stop loss at the
provisional price.
5.1.1 Vietnamese robusta grade one under TCVN4193:2005, fair average quality, crop 2016
- Unit price: 2004 USD/MT
- Total price: 2004 USD/MT x 500MT = 1.002.000 USD
- (In words: one million and two thousand US dollars only)
This price shall be understood to be CFR Saigon Port, Incoterms 2010, including packaging and freight.
At the time of delivery, if the coffee price on the International CoffeeOrganization (ICO) is of 3% different
from this price then market price shall re-applied.
5.1.2 Robusta Coffee bean grade 1 for export Sep-2019 Crop in Central Vietnam
Unit Price: USD 500/MT FOB HaiPhong Port, as per Incoterms 2010,
Total Price: USD 1500.000
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(says one million five hundred thousand USD)
Fumigation fee included;
Packing charges excluded
Unit Price: USD 200/ set FOB Shenzhen Port, as per Incoterms 2010,
Total Price: USD 600.000
(says six hundred thousand USD)
accessories fee included;
Packing charges included
- Unit price:
o USD 2.35/kg FOB ____ net weight for type M414
o USD 2.32/kg FOB ____ net weight for type M342
- Amount: USD 233,500.00
Two hundred thirty-three thousand five hundred US Dollars only.
The above mentioned prices are understood to be CIF Haiphong on the option of the Buyer in accordance with
Incoterms 1990 packing included.
Vigarimex (Seller) shall deliver to Shinsan the made - up goods on the basis FOB _____port under the master
L/C at sight, established by Shanko Songyo.
The prices to be understood as:
* Unit price (FOB Haiphong)
= CMT + (consumption x 1.03) x unit price of fabric (CIF Haiphong) + Acessories cost per piece + cost of
printing / embroidering.
* CMT is consisted of charges to be born by Vigarimex in production, finishing, inspection, packing (carton
box shall be prepared by Vigarimex), inland transportation of materials and made-up goods, shipment and taxes.
Table of CMT (including cost of sewing yarn)
- One piece USD 7/dz
- Two piece USD 9/dz
- Single jacket USD 9/dz
* Embroidering cost (includes cost of yarn) per 1000 strokes: USD 1.00/dz.
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6 SHIPMENT/ DELIVRY TERM
Shipment period:
o Concrete delivery time: o Conditional delivery time:
September 25, 2009 __ days after obtaining L/C
September 2009
ASAP after obtaining E/L
3rd quarter 2009
Within __ weeks from signing date___
o Customary delivery time:
o Shipment by first available steamer
ASAP
o Subject to shipping space available
prompt delivery
o Subject to export license
immediately
Shipment place:
o Loading port: _____
o Unloading port: ______
o Transhipment place: ______ if applicable
Notice of shipment:
o E and F group: 3 times
o C and D group: 1 times
Instruction for delivery:
o Total shipment:
o Partial shipment:
o Direct transport/ transshipments:
o Stale B/L accepted
o Third party B/L accepted
After-shipment Notice (FOB)
Within 2 days after date of B/L, the Sellershall notify by email or fax to the Buyer the following information:
B/L number & date
L/C number
Commodity, Quantity and Quality of goods
Name and nationality of the vessel
Port of loading
Date of shipment
For Agricultural Products
Loading/Unloading (CIF) Condition:
Demurrage/ Despatch Money: X000 USD/ 2 times X000 USD
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Loading/ Unloading (CIF) Term:
6.1 Rice
6.2 Coffee
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(N.O.R) is presented before 12:00, laytime to commence 13:00 the same day. If N.O.R is given after 12:00,
laytime to commence from 6:00 AM on the next working day
Dunnage to be for the Buyer/Shipowner's account
Shore tally at the Seller's account and on board vessel tally at Buyer Shpowner's account
Demurrage/Despatch: USD 2000/Haft
- Advice of delivery: Within 24 hours after loading the Seller should cable or telex the Buyer: contract
number, quantity, gross weight, number of bales, invoice value, name of carrying vessel, bill of lading
number, sailing
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- date, ETA for import formalities. The expenses resulted from the failure of the Seller such shipment advice
in time will be for the Seller’ s account.
- Shipping time: May/93: 50 MT June/93: 50MT
- Port of departure: New Zealand port
- Port of destination: Haiphong port
- Transhipment: Within 24 hours after transhipment, the Seller should advise by cable or telex the Buyer the
name of transhipment vessel and Bill of lading, place and date transhipment for making import procedures.
- Period of shipment: The above mentioned commodity shall be shipped within 30 days after L/C date.
- Port of loading: Any main port of Japan
- Port of destination: Haiphong port-Vietnam
- Shipment advice: Immediately after the completion of loading, the seller shall advice the buyer by fax the
following information: Contract number, gross/net weight, B/L number, invoice, packing list, date of
shipment and estimated arrival date at Haiphong port.
6.6 Fish
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7 PAYMENT TERM
General Opening:
Payment is to be made/ effected in USD by ________ at (30 days) sight to be opened at/ through/ by the Bank for
Foreign Trade of Vietnam (VCB),
15 days prior to/ before shipment (L/C)
within 3 days since buyer’s receipt of shipping documents sent by post from seller (T/T)
valid for 15 days from shipment date to the account of Royal Bank, London
in favor of the seller for the 100% value of commercial invoice.
7.1 L/C
(i) By a confimed Letter of Credit at sight from B/L date for the full amount of the contract value.
(ii) L/C Currency: USD
(iii) L/C Applicant (normally buyer): KOIMA CO. LTD.
Busan, Korea
(i) L/C Beneficiary: ABC INTERNATIONAL CORP
72 Ba Trieu, Hoan Kiem, Hanoi- Vietnam
(ii) L/C advising Bank: VIETNAM COMMERCIAL BANK
Hanoi-Vietnam
(iii) L/C issuing Bank: KOREAN FIRST BANK
(iv) Time of opening L/C: within Sep 21 2019
(v) L/C Validity Period: within 15 days from shipment date
(vi) Payment documents
Payment shall be made upon receipt of the following documents:
- 3/3 of clean on board Bill of Lading
- Commercial invoice in triplicate
- Packing list in triplicate
- Certificate of origin issued by manufacturer.
- Certificate on quality, weight and packing issued by Vinacontrol to be final at loading port in six (6) folds
- One copy of sailing telex/ shipping advice
- Remark: the shipping document acceptable.
7.1.2 L/C for exporting rice FOB
Presentation of the following documents to the bank of Foreign Trade of Vietnam, payable within 3-5 banking
days after receipt of the telex from the Vietcombank certifying that documents have been checked in conformity
with the L/C terms:
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- Bill of exchange at sight, drawn under the Issuing bank
- Full set of "Clean on board" B/L – in three (3) originals marked "Freight to collect"
- Commercial invoice in three (3) folds
- Certificates of quality, weight and packing issued by the Vina Control to be final at loading port in six (6)
folds.
- Certificates of origin issued by Vietnam Chamber of Commerce in six (6) folds.
- Certificates of fumigation issued by the competent authority of Vietnam in six (6) folds.
- Phytosanitary certificate issued by the competent authority of Vietnam in six (6) folds.
- Cable/ fax/ Telex advertising shipment Particulars within 24 hours after completion of loading.
7.1.3 Irrevocable L/C for importing machines CIF
(i) By an Irrevocable Letter of Credit payable at Sight to be opened by Issuing bank in favour of
Beneficiary through the advising Bank of:
THE BANK OF YOKOHAMA, LTD - MACHIDA BRANCH
ADDRESS: 1-6, HARAMACHIDA, 6-CHOME, MACHIDA-SHI, TOKYO, JAPAN
SWIFT CODE: HAMAJPJT
ACCOUNT NO: 2011298
ACCOUNT NAME: NEXT LIMITED.
Covering the total contract amount.
(ii) Payment shall be made upon presentation of the following documents:
Set (3/3) of Original of Clean Shipped on board Ocean Bill of Lading, marked” Freight prepaid” make out to
order of opening bank.
- Signed Commercial Invoice: 03 originals.
- Packing list with Detailed serial number: 3 originals.
- Certificate of Origin issued by the Chamber of Commerce and Industry of Japan: 02 originals and 01 copy.
- Certificate of quality and quantity issued by the Seller: 03 originals.
- Insurance policy or insurance certificate covering “All Risks” clause with claim payable in Vietnam
indicating 110% coverage of the total contract value: 03 originals.
- One set of copy shipping documents (01 B/L, 01 Packing List, 01 Commercial Invoice, 01 Insurance
Policy, 01 copy of Certificate of Origin and Certificate of Quality) shall be sent to the Buyer by email or fax
within 05 working days from the date of shipment.
Presentation of documents should be made within 14 working days after date of shipment.
(iii)Banking commission / charges outside of Vietnam including confirmation fee will be paid by the seller.
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7.1.4 Irrevocable L/C for exporting groundnut CFR
For each shipment the Buyer must open an irrevocable Letter of Credit, at sight, in us Dollars covering full
value lodged with the Bank for Foreign Trade of Vietnam (Hanoi) by a Bank agreed by both parties. L/C must
reach the Seller no later than 15 days prior expected shipment time and be valid 30 days.
TTR is acceptable.
The such L/C shall be available for payment against presentation of the following documents:
a- Bill of exchange at sight, drawn under the Buyer,
b- Full set(s) of clean on board ocean bill(s) of lading marked "Freight prepaid",
c- Commercial invoice in quadruplicate.
d- Packing list in duplicate, e- Phytosanitiry certificate in duplicate, f-Certificate of Origin in duplicate, g-
Certificate of quality and of aflatoxin in duplicate.
Payments shall be made by D/P in favor of the seller for the 100% value of commercial invoice in USD.
Bank of Seller/ Remitting Bank: ____ VIETNAM COMMERCIAL BANK
Bank of Buyer/ Collecting Bank: ____Mizuho Corperate Bank, Manila, Philipin
Shipping documents include:
- Bill of exchange at sight, drawn under the Buyer
- Full set of "Clean on board" B/L – in three (3) originals marked "Freight to collect"
- Commercial invoice in three (3) folds
- Certificates of quality, weight and packing issued by the Vina Control to be final at loading port in six (6)
folds.
- Certificates of origin issued by Vietnam Chamber of Commerce in six (6) folds.
7.3.2 Documents against acceptance (D/A)
Payments shall be made by D/A within 30 days deferred of the shippingdocuments from Vietnam Maritime
Commercial Joint Stock Bank – Ho ChiMinh branch. Total remaining value of the contract is transferred to
theaccount of the seller, number 154987635201 at Vietnam Maritime CommercialJoint Stock Bank via TD
Commercial Bank in Canada.
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8 FORCE MAJEURE
The force majeure (exemption clause) of the International Chamber of Commerce (ICC publication No.421) is
hereby incorporation in this contract.
Force Majeure circumstances must be notified by each party to other within 7 days and confirmed by writing
within 10 days together. Beyond this time Force Majeure circumstances shall not be taken into consideration.
9 CLAIM TERM
The two parties mutually agree to fulfill at the terms and conditions specified in the contract, party who violates
the specified terms and conditions must be responsible for and compensate the loss caused to the other directly
by his violation.
- The Buyer has the right to refuse the goods if the quality of the goods is not suitable to the stipulations in
Article 1 of this contract.
- Upon receiving the goods the buyer shall have the good inspected. If their quality, and specifications are not in
conformity with those mentioned in the Contract, the buyer shall have the right to make claim to the Seller. All
claim by the Buyer shall be made within 30 days after airmail together with particulars of Survey Report of:
“VINACONTROL” of the Socialist Republic of Vietnam which should be regarded as final.
Claiming documents
- Notice of claim
- A copy of contract
- A copy of B/L
- Shipment documents (C/Q, packing list, etc)
- Inspection documents
10 ARBITRATION TERM
10.1 Rice
All disputes arising in connection with this contract shall be finally settled by International Arbitration Center of
Vietnam under International Commercial Law. The place of arbitration shall be the capital of seller’s country.
The language of arbitration shall be in English. The parties agree that any award made in accordance with the
provisions of this clause is final and binding on both of them. Arbitration charge and any other charges will be
borne by the losing party.
10.2 Groundnut
Any disputes arising out from this contract, if the two parties cannot reach an amicable arrangement
for them, must be refered to arbitration. Arbitration to be held in the country of the defending party. Awards by
arbitration to be final and binding both parties.
All charges relating to arbitrations to be bom by the losing party.
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11 OTHER CONDITIONS
- By signing of this contract, previous correspondence and negotiations connected herewith shall be become
null and avoid
- This contract comes into effect from signing date, any amendment and/or additional clause to these
conditions shall be valid only, if made in writing and duly confirmed by two parties.
- This contract is made by English in 6 originals, 3 of which retained by each party.
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