Trang 1 FOREIGN TRADE UNIVERSITYSCHOOL OF ECONOMICS AND INTERNATIONAL BUSINESSINTERNATIONAL BUSINESS PRATICE 1 REPORTTOPIC“BASIC PROCESS OF CUSTOMS CLEARANCE FORIMPORTED GOODS AT SITC BO
FOREIGN TRADE UNIVERSITY SCHOOL OF ECONOMICS AND INTERNATIONAL BUSINESS INTERNATIONAL BUSINESS PRATICE REPORT TOPIC “BASIC PROCESS OF CUSTOMS CLEARANCE FOR IMPORTED GOODS AT SITC BONDEX VIETNAM LOGISTICS CO.,LTD, HANOI BRANCH” Student’s name Student’s ID Class Guiding lecturer : : : : Hanoi, August 2023 TABLE OF CONTENTS INTRODUCTION CHAPTER AN OVERVIEW OF BONDEX GROUP AND SITC BONDEX LOGISTICS, HANOI BRANCH 1.1 Bondex Group 1.1.1 Development history 1.1.1.1 Start-Up & Pioneering (1996 - 2003) .3 1.1.1.2 Development & Consolidation (2004 – 2012) 1.1.1.3 Quality Upgrade (2013 – 2020) .3 1.1.1.4 Keep Forging Ahead (2021 – Now) 1.1.2 Bondex Group profile .4 1.2 SITC Bondex Logistics Vietnam .4 1.2.1 SITC Bondex Logistics Vietnam profile 1.2.2 Hanoi Branch .5 1.2.2.1 Branch profile 1.2.2.2 Vision, mission and core values of SITC Logistics, Hanoi branch .5 1.2.2.3 Services provided by SITC Logistics, Hanoi branch 1.2.2.4 Social responsibilities performed by SITC Logistics, Hanoi branch 10 CHAPTER BASIC PROCESS OF CUSTOMS CLEARANCE SERVICES FOR IMPORTED GOODS AT SITC BONDEX LOGISTICS, HANOI BRANCH .10 2.1 What are customs clearance services? 10 2.2 Why businesses have to use customs clearance service? .11 2.3 Basic process of customs clearance for imported goods at SITC Bondex Logistics, Hanoi branch 12 CHAPTER Knowledge and skills gained after internship - Future goals 21 3.1 Knowledge and skills gained after internship 21 3.1.1 Knowledge 21 3.1.2 Skills 21 3.2 Future goals .22 CONCLUSION 23 APPENDIX .24 INTRODUCTION Logistics is one of the fastest expanding sectors of Vietnam’s economy Vietnam’s logistics industry has been boosted by the country’s booming GDP, rising manufacturing, and e-commerce sectors In addition, the rapid adoption of ecommerce by the country’s young demographic has increased the demand for expansion in logistic services Vietnam aims to develop itself as an export-driven economy By establishing economic zones and industrial parks, the government is proactively taking steps to foster manufacturing investments, which is another reason why Vietnam’s logistics industry has strong potential Having acknowledged the enormous potential of this industry, I decided to choose logistics as my field of internship for International Business Practice – a compulsory subject in the education program of major International Business in High Quality program With the assistance of School of Economics and International Business, Foreign Trade University, I had an opportunity to serve my internship at SITC Bondex Logistics, Hanoi branch for a period of weeks at the company office This report summarizes my internship process, which consists of three major parts: CHAPTER – An overview of Bondex Group and SITC Bondex Logistics, Hanoi branch CHAPTER – Basic process of customs clearance for imported goods at SITC Bondex Logistics, Hanoi branch CHAPTER – Knowledge and skills gained after internship - Future goals I truly appreciate the internship opportunity that School of Economics and International Business, Foreign Trade University has provided Also, I want to express my great gratefulness to Mr Nguyen Dinh Vuong – intern supervisor, representative of SITC Logistics, Hanoi branch and all of the company’s staffs for their assistance; and to lecturer, economics master Nguyen Cuong for his thorough instructions during the internship period Due to limitations of experiences and knowledge, mistakes are unavoidable in this report I sincerely hope to receive constructive comments and advice from both lecturers and company side to better complete this internship report CHAPTER AN OVERVIEW OF BONDEX GROUP AND SITC BONDEX LOGISTICS, HANOI BRANCH 1.1 Bondex Group 1.1.1 Development history Bondex Group was founded in 1996 with the headquarter in Qingdao, China It aims to build an International logistics platform with professional service, informative network resources and diversified solutions to provide end-to-end onestop intelligent supply chain logistics service to clients In the following years, the group spread its basic logistics services to surrounding areas A number of branches were established successively in Zhengzhou, Beijing, Tianjin, Xi an, Jinan, Yantai, Weihai, etc A unique model of basic logistics service was formed by combining and integrating two advantageous services of shipping agency and customs declaration and inspection More branches were set up in Chengdu, Shanghai, Wuhan, Chongqing, Guangzhou, Shenzhen, etc., and regional subsidiaries specializing in supply chain logistics were established including Chengdu Bondex FTZ, Qingdao Hengcheng, etc A comprehensive logistics operation network was formed, covering major ports of the Bohai Rim, the Yangtze River Delta, the Pearl River Delta, the central, western and southwestern China, etc The contract logistics service focusing on intelligent warehousing was under vigorous development With the implementation of the national “The Belt & Road” strategy and the general trend of domestic industrial transfer and upgrading Subsidiaries and branches were established successively in Xi an, Fujian Hefei, Hainan, the United States, Vietnam Thailand, Cambodia, and Malaysia to further develop service outlets Document continues below Discover more International from: business Trường Đại học Ngo… 999+ documents Go to course Samsung Electronic 40 29 QUN TR HC International business 100% (25) BÁO CÁO CUỐI KỲ CHUYÊN ĐỀ ĐỊNH… International business 98% (42) Pauline cullen the key 196 to ielts writing task International business 100% (19) Insurance 32 International business 97% (38) Dinh huong chien luoc kinh doanh quoc te c… International business 100% (16) 27 Báo cáo thực tập khóa - sv Nguyễn Min… International worldwide According to the actual needs of our clients, twobusiness nature supply chain 100% (15) service modes, namely “supply chain solution for semiconductor wafer manufacturing” and “supply chain solution for semiconductor display manufacturing” were formed A national logistics network has been established, and the “two-wheel-drive” strategic development mode has been premilinary realized, that is, the “horizontal expansion” strategy and the “vertical extension” strategy are mutually driven and promoted, so that our business can achieve sustainable “symbiosis, mutual growth and regeneration” development In 2021, Bondex Supply Chain Management Co., Ltd Landed on the main board of Shanghai Stock Exchange successfully 1.1.2 Bondex Group profile - Headquarter: Address: 10th floor, Tower B, China Resources Building, No Shandong Road, Qingdao, China Contact number: 0532 8097 8888 Email address: secretary@bondex.com.cn - Branches and subsidiaries: 80 - Total employees: +2,000 - Customers: +10,000 - Global partners: +200 - Share capital: 205 million shares 1.2 SITC Bondex Logistics Vietnam 1.2.1 SITC Bondex Logistics Vietnam profile - SITC Bondex Vietnam was established in 2019 It is a joint venture of Bondex logistics group, SITC container lines and SAFI company based in Ho Chi Minh - Until now, the company has established offices in Hanoi, Ho Chi Minh and Dong Nai - Headquarter: 3rd floor, Saigon Tower, No 140 Nguyen Van Thu Road, Da Kao Ward, District 1, Ho Chi Minh City, Vietnam - Ho Chi Minh office focuses business in Southern Vietnam including ports: Cat Lai seaport,SGN airport, Cai Mep – Thi Vai seaport, Qui Nhon seaport - Total employees: 40+ - Revenue 2022: ~12 millions USD 1.2.2 Hanoi Branch - Address: 15th floor, Ocean Park Building, No Dao Duy Anh Street, Phuong Mai Ward, Dong Da District, Hanoi, Vietnam - Hanoi office focuses business in Northern Vietnam including ports: Hai Phong seaport, HAN airport, Ping Xiang border gate, Da Nang seaport - Total employees: 15, including people with different nationalities, such as Vietnamese, Chinese, Indian - Customers: SITC Bondex provides logistics services for a wide variety of customers, some of which are renowned international groups such as: Samsung, Deli, Sumimoto Electric, LONGi, etc * Vision SITC Bondex Logistics aims to build an international logistics platform with professional service, informative network resources and diversified solutions to provide end-to-end one- stop intelligent supply chain logistics service to clients The group drive the supply chain with modern technology to create greater value * Mission Bondex Logistics strives to become a leading supply chain logistics service provider in Vietnam * Core values - View of service: Value creation based on professional service - View of market: Keen insight creation and leading - View of talent: Human oriented talent best used dedicator rewarded - Execution: Fast response decisive action - Core competence: Professional service team, advanced information, technology, global network services, the spirit of pioneering and innovative * Sea freight service With the three service systems of “advantageous freight rate, guaranteed shipping space and professional operation”, Bondex has signed contracts with several ship owners to provide customers with cross regional logistics solutions covering all major ports around the world; and provide one-stop comprehensive shipping services such as quick door-to-door quotation, online space booking, dynamic tracking and professional consulting - Liner Business: Protected space via SITC lines Service contract from Vietnam to USA of EMC, ZIM, HMM Competitive routes ( China/Southeast Asia / Europe / Mediterranean Area / Middle East ) Special container transportation solution planning As an FMC-licensed NVOCC, we are active in ports all over the world, and we choose fast and responsible shipping companies to adapt to the competitive market - LCL Service: Professional & efficient team Intelligent LCL warehouse, import and export unpacking and packing, goods transfer