SALE CONTRACT

NO:1233
DATE:17/03/2023
BETWEEN
THE SELLER: HANG XANH COMPANY,.LTD
ADD: B2/1, 385 STREET, TNPA WAR, DISTRICT 9, HCM CITY
TELL: 0378160362 FAX
REPRESENATTIVE BY: HUYNH MINH TUAN – DIRECTOR
AND
THE BUYER: HCMA COMPANY
ADD:
TELL: FAX:
REPRESENTATIVE BY:
BOTH PARTIES HAVE AGREE TO SIGN THIS CONTRACT ON TERMS AND
CONDITIONS AS FOLLOW:
1. COMMODITY:
Vietnamese ground – nut, crop 2021
2. SPECIFICATION:
1 Moisture: 10% max
2 Admixture: 1% max
Quality must be as per TCVN 2383: 2008 issued by The Ministry of Industry
and Trade of VietNam in 2008
3. QUANTITY: 400MTs +/- 5% at the Seller’option
4. PRICE:
Unit price: USD 585/MT CIF Longbeach port Incoterms 2020
Total amount: 234,000.00 USD (+/-5%)
Says: US Dollars Two hundred thirty four thousand only. This price included
packages
5. SHIPMENT
Date of Shipment: in August 2022
Port of loading: Cai mep port
Port of discharge: Longbeach port
Transhipment: not allowed
Partial Shipment: not Allowed
Quantity and quality at the POL is to be final
Notice of shipment:
After shipment, the seller informs the buyer of goods delivered stituation
including: commodity, quantity, qualifications/ specifications, packing,
marking, vessel’s name, vessel nationality, vessel flag, vessel tonnage, B/L
number, ETD (estimated time of departure), ETA (estimated time of arrival).

6. PAYMENT
 By Irrevocable L/C at sight for 100% invoice value to the Seller’ account.
No.. at VCB HCM branch
Issuing Bank: A Bank
Advising Bank: B Bank
Date of Issued: Within 7 days after the signing day of this contract
Date and place expiry: …..
Preriod for presentation: Within 21 days after B/L date but within the validity
of the credit
Beneficiary: Exporter company
Documments required:
+ Full set ( 3/3) of originals clean on board B/L made out to order of A Bank
and notify to the Buyer, marked “ Freight Prepaid”
+ Originals Commercial Invoice in Triplicate issued by the seller
+ Originals Packing list in Triplicate issued by the seller
+ Two originals and one copies Certificate of Quantity and Quality issued by
Vinacontrol
+ Two originals and one copies Certificate of Insurance issued by VCB
+ One original Certificate of Origin issued by The Viet Nam Chamber of
Commerce and Industry.
+ One original certificate of Phytosanitory issued by Plant Protection
Department – Viet Nam
7. Insurance
The seller to be covered marine insurance for the buyer’s risk of loss or damage
to the goods during the carriage at Bao Viet insurance company with 110%
invoice value covering by ICC A, showing claim payable at Bao Viet insurance
company, Ho Chi Minh branch in invoice currency.
8. Force Majeure
Neither the seller or buyer is responsible for any delay or cancellation of
shipment and/or delivery due to force majure such as: strikes, floods, war, riots,
embargoes, earthquakes, inclucding but not limited to acts of God, restriction or
and any conditions beyond the seller’ control. Force majure circumstances must
be notified by each party to the other within 7 days and confirmed by writting a
certificated of force majure isssed by the Government authority. Beyond this
time, force majure circumstances shall not be taken into consideration.

Neither the seller or the buyer is responsibable for any delay or cancelation of
delivery due to force majure such as: fire, floods,war, earthquakes, riot,
embargoes, acts of god, including but no limited act of god, restriction or any
conditions beyond the seller’s control. Force majure circumstances must be
notified by each party to the other in writing within 7 days and confirmed by
writing a certificate of force majure issued by the authority government.
Beyond this time, force majure circumstances shall not be taken into
consideration
Neither the seller or the buyer is responsibale for any delay or cancelation of
delivery due to force majure such as: fire, flood, war, riot, war, earthquakes
9. Penalty
In case of failure in opening L/C or making delivery in due time as stipulated in
this contract, except the reason of force majure, the penalty for delayed delivery
 or delayed L/C opening shall be counted based on the rate of 1% of this
contract value per day.
In case failure in opening L/C or making delivery in due time as stipulated in
this contract, except the reason of force majure, the penalty shall be counted
based on the rate of 1% of this contract value per day
10. Complaint
Any complaint about quality must be in written form and sent to the seller
within 60 days from the shipment date. Upon this time, the seller will be free
from complaint. Within 15 days since receiving the buyer’ complaint, the seller
must be sent his or her representative for counter inspection. If the goods not up
to the stipulated in the contract, the seller is liable for replacing new goods
compatible with the contract. If the seller fails to do so in due time, the buyer is
allowed to have Vinacontrol inspect. The inspection result by them will be final
and binding both sides.
Any complaint about quality must be in written form and sent to the seller
within 60 days from the shipment date. Upon this time the seller will be free for
complaint. Within 15 days since receiving the buyer’s complaint, the seller
must be sent his or her for counter inspection. If the goods not up to as
stipulated in the conntract, the seller is liable for repalcing new goods
compatible with the contract If the seller fails to do so in due time, buyer is
allowed to have vinacontrol inspect. The inspect result by them will be final and
binding both party
11. Arbitration
Any dispute arising out form this contract which can no be amicably settled will
be referred to VICA attached to VCCI. The awards by arbitrator will be final
and binding both sides. Any charge will be loser’ account.
Any dispute arising ot from this contract which can no be amicably settled will
be referred to VICA attached to VCCI the awards by arbitrator will be final and
binding bothh party