FOREIGN TRADE UNIVERSITY HO CHI MINH CITY CAMPUS *** GRADUATION INTERNSHIP REPORT Major International Business Economics PROCESS OF IMPORTING PRECIOUS METAL SALTS AT KIM THINH TRADING COMPANY LIMITED[.]
FOREIGN TRADE UNIVERSITY HO CHI MINH CITY CAMPUS *** GRADUATION INTERNSHIP REPORT Major: International Business Economics PROCESS OF IMPORTING PRECIOUS METAL SALTS AT KIM THINH TRADING COMPANY LIMITED Student: Trinh Huyen Linh Student ID: 1701015421 Class: K56CLC3 Supervisor: Ph.D Nguyen Thi Quynh Nga Ho Chi Minh City, December 2020 STATEMENT OF AUTHORSHIP Except where reference is made in the text of the thesis, this thesis contains no material published elsewhere or extracted in whole or in part from a thesis by which I have qualified for or been awarded another degree or diploma No other person’s work has been used without due acknowledgements in the thesis This thesis has not been submitted for the award of any degree or diploma in any other tertiary institution Ho Chi Minh City, 21/12/2020 Author (Signature with full name) ACKNOWLEDGEMENT Upon completing this report, the author would like to express sincerest thanks to Board of Directors and all the staffs of Kim Thinh Trading Co., Ltd, specifically Mrs Nguyen Kim Uyen for guiding the author through the internship period The author is also very grateful for providing specialized knowledge, support and guidance of all lecturers in Foreign Trade University - Ho Chi Minh Campus, especially the author’s supervisor, Ph.D Nguyen Thi Quynh Nga Due to the limited time to prepare and insufficient knowledge, this report cannot fully satisfy all the expected requirements, and shortcomings are unavoidable Therefore, the author is really looking forward to straightforward and contributive feedbacks from the Supervisor for this report and supervisor at Kim Thinh Trading Co., Ltd to improve the performance of this report Ho Chi Minh City, 21/12/2020 Author (Signature with full name) TABLE OF CONTENTS LIST OF ABBREVIATIONS LIST OF TABLES LIST OF FIGURES PREFACE CHAPTER 1.INTRODUCTION TO KIM THINH TRADING LIMITED COMPANY 1.1.General information 1.1.1 General information and main Business Sector 1.1.2 Functions and Missions 1.2.Development Process 1.3.Organizational structure and human resources condition 1.3.1 Organizational structure .3 1.3.2 Departments’ functions 1.3.3 Human resources management .5 1.4.Business outcomes from 2017 to Oct 2020 .6 1.5.Roles of the Importing activities of precious metal salt in Kim Thinh Trading Co., Ltd 1.6.Summary of the internship CHAPTER ANALYSIS OF THE PROCEDURE OF IMPORTING PRECIOUS METAL SALTS AT KIM THINH TRADING LIMITED COMPANY 10 2.1.Overview of the Precious metal salts import procedure in Kim Thinh Trading Co., Ltd 10 2.2.Detailed process of the Precious metal import procedure in Kim Thinh Trading Co., Ltd 11 2.2.1.Negotiating and signing the contract 11 2.2.2 Contacting to the Forwarder in Singapore for transportation process: 13 2.2.3 Checking Shipping Documents issued by the Exporter: 14 2.2.4 Applying for License of Precursor Chemicals and Chemical declaration: .15 2.2.5 Doing the Customs Declaration: 17 2.2.6 Accomplishing Inspection, Customs Clearance, and receiving the goods: 18 2.2.7 Executing Payment process: 20 2.3 Comparison in the process between importing Precious metal salts and importing other goods of Kim Thinh: .21 2.4 General evaluation 23 2.4.1 Strengths 23 2.4.2 Weaknesses and reasons: .25 CHAPTER DEVELOPMENT PROSPECT, ORIENTATION AND SOME RECOMMENDATIONS FOR KIM THINH TRADING CO., LTD .27 3.1 Development prospect of Kim Thinh Trading Co., Ltd .27 3.1.1 Opportunities 27 3.1.2 Threats 29 3.2 Orientation 30 3.3 Recommendation to improve importing process for precious metal salts in Kim Thinh Trading Co., Ltd .31 3.3.1 Recruitment for additional labor forces 31 3.3.2 Distribution channel enlargement by implementing marketing strategy 31 3.3.3 Improvement for specialized expertise in Logistics Department 32 CONCLUSION .33 REFERENCES APPENDIX LIST OF ABBREVIATIONS Abbreviations Meaning D/P Document against Payment L/C Letter of Credit TTR Telegraphic Transfer Reimbursement MT Metric Ton FTA Free Trade Agreement CEO Chief Executive Officer CFO Chief Finance Officer CCO Chief Customer Officer