have many opportunities to expand or change their import markets The import of goods from a certain country must be based on many factors such as foreign trade benefits obtained when importing in that.
have many opportunities to expand or change their import markets The import of goods from a certain country must be based on many factors such as: foreign trade benefits obtained when importing in that market; market demand for imported goods… This market is also constantly changing, so a thorough and comprehensive study of the import market is the first step for improving the efficiency of import activities Input customers (sourcing); Outputs (customers) of enterprises are very diverse, it is changed according to domestic consumption needs Supply or output customers can be stable, concentrated or diversified depending on the Company's business conditions; and company’s ability to adapt and respond to market demand and supply fluctuations With this feature, businesses can have the opportunity to choose the right business partner to bring the highest profit for their business Payment methods: There are many payment methods in import business between parties such as: payment by letter of credit, collection, money transfer through a representative bank The kind of the payment method is mutually agreed upon by the two parties as specified in the terms of the contract And for payment purpose in import business, hard foreign currencies are often used, mainly dollars Therefore, payment in imports depends greatly on the exchange rate between domestic and foreign currencies Therefore, promote efficiency when using methods As a payment method, importers must first pay attention to monitor and analyze the movements of the exchange rate through different information channels Subject to the influence of the legal system Vietnam and the world: Import activities are activities involving many partners and different nationalities, so they are governed by the legal systems and related procedures of many different countries (the foreign country, partner, host country) Conduct import business activities; Enterprises are obliged to strictly abide by all provisions of laws and procedures: avoid violating the provisions on prohibited import and export goods This legal system affects the results and effectiveness, business results of the enterprise, there will be positive results and effects if the business environment in which all members comply with the law This feature of imports directly affects business results and business performance of enterprises