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Term Rice/ Coffee/ Fish/… Machine/ Tech

Rice: Polished white rice type pearl, grade I, 5% broken,


North Vietnam, 2021-2022 season [Name], 2.0 HSB Model, 2022, [Export Country]
Commodity Coffee: High quality coffee bean, Sep/2022 crop, Vietnam Certificate of quantity issued by Vinacontrol at XXX
Fish: Frozen [name of fish] farmed in Phu Quoc, Vietnam port, Taiwan shall be final and binding both parties

X000 sets of …
MT 20,000 +-5%, at the chatterer’s option
Each set contains A, B, C….
Quantity Certificate of quantity issued by Vinacontrol at Haiphong
Certificate of quantity issued by Vinacontrol at XXX
port, Vietnam shall be final and binding both parties
port, Taiwan shall be final and binding both parties

- Color: Black
- Model: 2.0 HSB 2022
- Moisture: 14% max - Battery Type: AAA
- Broken: 5% max - Dimension: XX x YY x ZZ
- Foreign matter: 0.5% max The quality of the good must be similar to the technical
- Damaged and discolored: 4% max. document "ABC" that the seller issued on August 18,
Quality of the goods to be delivered is similar to/ as per 2021. Technical documents include technical drawings,
that of the sample No 0109, dated 01, Sep, 20__, agreed assembly diagrams, descriptions of features and effects,
Quality
by both parties, sealed with signatures of both parties on instructions for use specifying the quality criteria of the
each sample. The sample is made in triplicate with product. A copy of this technical document is signed by
equivalent value, kept by The seller, The buyer and both parties on all pages and becomes an integral part of
Vinacontrol the contract. The seller has full ownership of this
Certificate of quality issued by Vinacontrol at Haiphong technical document and the buyer has no right to copy or
port, Vietnam shall be final and binding both parties republish it.
Certificate of quality issued by Vinacontrol at XXX port,
Taiwan shall be final and binding both parties

Price + Unit Price: 500 USD/MT


+ Total amount: 10,000,000 USD
+ In words: US Dollar ten million
This price shall be understood as FOB Hai phong, Incoterms 2010; packing charge, fumigation fee and THC at the
loading board included.

Port of loading: Hai Phong Port, Vietnam


Port of unloading: XXX Port, Japan
Delivery time: From November 21st to November 27th
(E, C, D group) Delivery notice: 1
Notify the buyer when the goods are ready to be finished, when the goods are delivered to the first loader and when
the goods are specified at the destination. The seller must notify the buyer that the goods have been delivered in
accordance with A2, and should also notify the buyer of any information necessary to conditionally assemble for the
buyer to receive the goods.
Shipment
(F group) Delivery notice: 3
Seller announces readiness to deliver, no later than 10 days before the expected delivery date. The content of the
notification is "The goods are ready for delivery", notified by email.
The buyer must notify the seller before the ship arrives at Hai Phong Port no later than 36 hours of the following
information: Name, Number of ship, ETA, notify by fax.
Within 48 hours after issuance of B/L at the Hai Phong Port, the seller must notify the buyer of the following
information: Delivery status, number and date of the bill of lading. Notify by tax
Transshipment: Not allowed
Partial shipment: Not allowed
Payment shall be made by an irrevocable letter of credit at sight, in US dollars, for 100% total value of the contract in
favor of the Seller. L/C shall be issued through a reputable bank in Japan to the account of Joint Stock Commercial
Bank for Foreign Trade of Vietnam, Vietnam. L/C shall be issued at least 45 days before the shipment and 180 days
in validity.
Payment The Letter of Credit is payable upon presentation of the following delivery documents by the beneficiary:

- Full original set (3/3) perfect sea waybill, clearly stating "loaded goods", as ordered issuing bank, notifying
the buyer (“Prepaid” sealed – bỏ cụm trong ngoặc này nếu là FOB)
- 03 originals, 3 copies of signed commercial invoices
- 03 originals, 3 copies of Certificate of quality and quantity issued by Vinacontrol
- 03 originals, 3 copies of Certificate of Origin issued by the competent authority in the exporting country
- The certificate of insurance is transferable, allowing the buyer to make a claim against the insurance company
at destination (bỏ dòng này nếu là CFR và FOB)
The force majeure (exemption clause) of the International Chamber of Commerce (ICC publication No.421) is hereby
Force incorporation in this contract. Force Majeure circumstances must be notified by each party to other within 7 days and
Majeure confirmed by writing within 10 days together. Beyond this time Force Majeure circumstances shall not be taken into
consideration
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
Claim 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
All disputes arising in connection with this Contract shall be prioritized to be resolved by negotiation and
conciliation. If no agreement is reached, it will be brought to arbitration at the Vietnam International Arbitration
Arbitration Center (VIAC) next to the Vietnam Chamber of Commerce and Industry according to the procedures and regulations
of this arbitration. The arbitrator’s award is final and binding on both parties. Arbitration costs will be borne by the
losing party.

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