(Tiểu luận) consequently,enhancing the quality of goods in côte divoire is just the start of a promising cycle thatpromotes economic growth in vietnam and côte divoire alike

Friendship and parliamentary cooperation between the two countries are also promoted primarily through meetings, contacts, and mutual support in multilateral parliamentary forums such as

HO CHI MINH CITY UNIVERSITY OF ECONOMICS AND

FINANCE FACULTY OF ECONOMICS

FOREIGN TRADE OPERATION - BUS1107E

Evaluation

of taskresults

20%

Part 02 (2.2.3;

2.2.4; 2.3)Editing Canva

20%

Total: 100%

TABLE OF CONTENTS

INTRODUCTION 3

1 ABOUT THE MARKET 4

1.1 Diplomatic and political relations between Cote d'Ivoire and Vietnam 4

1.2 Economic relations between two countries 5

1.3 Market demand for research products 8

2 ABOUT THE PRODUCT: CUTTING SYSTEM OF SHELLING MACHINE 9

2.1 HS code: 84379019 9

2.2 State management policy for good: 9

2.2.1 Legal document: 9

2.2.2 Export/import standards for goods: 9

2.2.3 Regulations on origin of goods: 10

2.2.4 Regulations on export/import tax applied to goods: 11

2.3 Types of documents for export/import: 11

2.3.1 Sales Contract: 11

2.3.2 Commercial Invoice: 12

2.3.3 Parking List: 12

2.3.4 Bill of Lading: 13

2.3.6 Certificate of Origin: 15

2.3.7 Invoice: 15

3 IMPORT/EXPORT PROCESS 17

3.1 Foreign trade contract illustration: 17

3.2 Common commercial practices applied to research products, packaging standards, inspection and sterilization: 19

3.3 Bill of lading, mode of transport and transport route illustration: 19

3.4 Documenting process of a specific shipment: 21

CONCLUSION 26

REFERENCES 27

2

Vietnam has built a strong reputation as an exporter of machinery to Côte d'Ivoire formany years – so much so that this African nation now counts Vietnam as one of its keycommercial partners Vietnam's superior quality machinery ranging from computers tosmart devices, alongside agricultural and construction equipment, has earned it a reveredstatus in the Ivorian market With a heavy reliance on machinery in the manufacturing,construction, and agriculture sectors, Côte d'Ivoire is well-suited to benefit from theVietnamese expertise in producing such goods This mutually-beneficial relationship notonly aids in promoting Vietnamese manufacturing but also strengthens economic tiesbetween both nations

Moreover, it is worthy of note that Côte d'Ivoire is an emerging African economy with afocus on its agricultural and food processing industries; cashew nuts, in particular, are agrowing economic sector The export of Vietnamese cutting system of shelling machines

to Côte d'Ivoire is a positive development with promising potential It opens opportunitiesfor market access and strengthens economic cooperation between the two countries,promoting strengthened and friendly relations on the national level Consequently,enhancing the quality of goods in Côte d'Ivoire is just the start of a promising cycle thatpromotes economic growth in Vietnam and Côte d'Ivoire alike

3

1 ABOUT THE MARKET

1.1 Diplomatic and political relations between Cote d'Ivoire and Vietnam

Abidjan, Cote d'Ivoire (also known as the Ivory Coast or the Republic of Côted'Ivoire) is a country located in West Africa

Vietnam and Cote d'Ivoire established diplomatic relations on October 6, 1975 Weare pleased to see significant progress in the bilateral relationship through increasedhigh-level and multilevel exchanges, as well as effective implementation of mutualcooperation mechanisms

Cote d'Ivoire has sent several high-level delegations to visit Vietnam, including theMinister in charge of investment promotion (2018), the Minister of Foreign Affairs,the Secretary-General of the President's Office, and the Minister of Digital Economy(2019), the Minister of Foreign Affairs (2019), and the President of the GeneralConfederation of Ivorian Employers (2022) Vietnam has also sent delegations,including the Head of the Central Committee's Propaganda and Education Board(6/2019) and the Deputy Prime Minister (11/2019), to visit Cote d'Ivoire

The two countries regularly coordinate and support each other in international forums,notably Cote d'Ivoire's support for Vietnam's membership in the United NationsHuman Rights Council during the 2014-2016 and 2023-2025 terms, as well as theUnited Nations Security Council for the 2020-2021 term

The Communist Party of Vietnam maintains relations with the ruling RHDP party andthe opposition parties FPI and PDCI-RDA of Cote d'Ivoire Friendship andparliamentary cooperation between the two countries are also promoted primarilythrough meetings, contacts, and mutual support in multilateral parliamentary forumssuch as the Inter-Parliamentary Union (IPU) and the French-speaking ParliamentaryUnion (APF)

As the second largest trading partner of Vietnam in Africa and the fourth largestexport market on the continent, with a trade turnover of 1.04 billion USD in 2022,Cote d'Ivoire has great potential to enhance cooperation with Vietnam

The economic and trade relations between the two countries are developing in apositive direction From 2015 until now, the trade volume between Vietnam and Cote

4

d'Ivoire has been rapidly growing, primarily driven by Vietnam's increased export ofrice to Cote d'Ivoire and the import of raw cashew nuts and cotton from Cote d'Ivoire.

1.2 Economic relations between two countries

In 2021, Côte d'Ivoire was Vietnam's second largest trading partner in Africa, with atotal bilateral trade turnover of over $1.2 billion, an increase of 38.7% compared to

2020 Vietnam's exports reached $266.2 million, an increase of 1.2%, and importsreached $992.3 million, an increase of 54% In the first 9 months of 2022 alone, thetotal trade exchange between the two countries reached over $855.7 million, withVietnam's exports reaching $289.1 million and imports reaching $566.6 million -

5

Figure 3: Diplomatic and political relations between Cote d'Ivoire and Vietnam

Figure 2: Diplomatic and political relations between Cote

d'Ivoire and Vietnam

Figure 1: Diplomatic and political relations between Cote

d'Ivoire and Vietnam

According to Mr Dao Viet Anh, Head of the International Relations Division, theDepartment of Trade Promotion, Ministry of Industry and Trade.

In Vietnam's export structure to Côte d'Ivoire, rice usually accounts for about 80% In

2022, Vietnam's rice exports to Côte d'Ivoire reached a volume of over 656,000 tons,valued at nearly $295 million The main types of rice exported are white rice, fragrantrice, and broken rice Côte d'Ivoire is one of the major suppliers of raw cashew nuts toVietnam The import turnover of raw cashew nuts from Côte d'Ivoire usually accountsfor 20-30% of Vietnam's total import value of raw cashew nuts from the world.Given Côte d'Ivoire's position in the region, Minister Nguyen Hong Dien hasproposed that in the near future, both sides consider promoting negotiations for abilateral Free Trade Agreement (FTA) or Preferential Trade Agreement (PTA) Côted'Ivoire could serve as a bridge for Vietnam and the Economic Community of WestAfrican States (ECOWAS) to explore the possibility of negotiating an FTA/PTA,opening up significant opportunities for trade between Vietnam and this promisingeconomic bloc

Figure 4: Ambassador Dang Thi Thu Ha introduced Vietnam's strong

products to Vice President and General Secretary of the Ivory Coast

Chamber of Commerce and Industry.

6

Figure 6: Kếết nốếi tr c tiếếp kinh doanh Vi t Nam – B Bi n Ngà ự ệ ờ ể

The Department of Trade Promotion, in collaboration with the Vietnamese Embassy

in the Kingdom of Morocco (also accredited to Côte d'Ivoire) and the Chamber ofCommerce and Industry of Côte d'Ivoire, organized the "Vietnam BusinessConnection" online seminar and trade exchange program

According to Mr Nguyen Ngoc Nam, Chairman of the Vietnam Food Association,Côte d'Ivoire is currently the third largest rice export market for Vietnam The export

7

value reached 546,976 tons, equivalent to $246.9 million in the first 10 months of

2022, representing a growth of 71.2% .The volume of rice exports to Côte d'Ivoireincreased by 94.4%, while there was a decrease of 11.9% in terms of value compared

to the same period in 2021 These exports accounted for 9.5% of Vietnam's total riceexport turnover

1.3 Market demand for research products

adafggfwrgrw

8

2 ABOUT THE PRODUCT: CUTTING SYSTEM OF SHELLING MACHINE

To export machinery from Vietnam to Cote d'Ivoire, there are many legal requirementsand import-export conditions from both countries that need to be met Cote d'Ivoire is one

of the countries that extensively use machinery to develop their economy Vietnam, onthe other hand, is one of the major economic partners of Cote d'Ivoire Vietnamesemachinery products are highly competitive in the Cote d'Ivoire market, including smallerproducts such as computers, smart devices, and larger machinery like agricultural andconstruction machines, and other utility machinery

As a result, the import and export of machinery between the two countries arecontinuously growing and are expected to develop even more in the future FamousVietnamese machinery manufacturing companies are taking advantage of theopportunities in the Cote d'Ivoire market to expand their business, while Cote d'Ivoirecompanies are seeking suitable machinery products according to their usage needs fromVietnam Here is some necessary information needed in the process of importingmachinery from Vietnam to Cote d'Ivoire

2.1 HS code: 84379019

8437: Cleaning, selecting or classifying dried seeds, grains or legumes; machines used

in milling and processing dried grains or legumes, except for agricultural machinery.2.2 State management policy for good:

2.2.1 Legal document:

a) Vietnam: Machinery and equipment not included in goods banned from export

or export with conditions prescribed in Clauses 1 and 2 of Article 5 and inAppendix I of Decree No 187/2013 / ND-CP of the Government provides lists

of goods banned from export and banned from import Thus, the enterprisemay export machinery and equipment such as ordinary goods

b) Côte d’Ivoire: Companies wishing to import machinery need to meet therequirements of the government and related agencies, including regulations onquality, safety and environment Specific regulations can be found in the legaldocuments relating to imports and exports of Côte d'Ivoire

2.2.2 Export/import standards for goods:

a) Export standard of Vietnam: No particular requirements exist in Vietnam forexporting machinery However, exported goods are regulated by the importingnation's standards for product quality, safety, and environmental protection.Enterprises that export machinery must make sure that their goods adhere tomarket norms and specifications around the world The appropriate licensesand legal paperwork, such as the ISO Quality Certificate, CE Environmental

9

and Safety Certificate, Certificate of Production (CFS), Certificate ofConformity, Technical Circular No (TCT), and others, may be needed for this.b) Import standard of Côte d’Ivoire: The company must adhere to the nation'stechnical standards and safety rules in order to import machinery into Côted'Ivoire Certificates of origin (CO), certificates of quality (CQ), certificates ofproduct registration (RPC), certificates of conformance (GMP), and inspectionreports are a few examples of typical requirements quality control.Additionally, the company must adhere to the nation's import tax and chargerequirements if they want to bring machinery into Côte d'Ivoire Before making

an import, the company should carefully review these requirements to reducetheir risk of legal and financial trouble

2.2.3 Regulations on origin of goods:

According to the General Department of Customs, in the 10 months of 2022, thetotal export turnover of machinery and equipment industry of our country reached38.17 billion USD, up 27.65% over the same period in 2021, accounting forproportion 12.2%

The US is Vietnam's largest export market of machinery and equipment with atotal turnover of 16.84 billion USD, up 26.06% over the same period in 2021,accounting for 44.12% of total export turnover machinery and equipment of ourcountry The second is the EU-27 market, accounting for 12.37%, followed byChina, ASEAN, Korea, and Japan

Vietnam and Côte d’Ivoire do not sign a Trade Agreement with each other, so thecashew nut shelling machine of Ngoc Chau Production Service Co., Ltd isexported from Vietnam to Ivory Coast and is granted an export certificate origin

of goods (C/O) form B - one of the common types of C/O applied to goodsexported to all countries, issued under non-preferential rules of origin

C/O form B (Certificate of Origin Form B) is one of the important documents inthe process of exporting goods from Vietnam to Ivory Coast This is a documentcertifying the origin of goods and is issued by the Vietnam Chamber of Commerceand Industry VCCI and its authorized branch

The specific requirements for goods to be granted C/O form B may varydepending on the regulations of each country However, usually, the generalrequirements for goods to be granted C/O form B include:

Goods are fully manufactured or qualified in the exporting country.Raw materials, auxiliary materials and other materials used in theproduction of goods are legally imported and have undergone

10

manufacturing, processing and assembly in the exporting country tobecome the finished product.

Goods are produced and processed according to the production process inaccordance with the law and meet the requirements related to safety,hygiene, environmental protection and other technical regulations.The goods do not violate any provisions of the law related to the export ofgoods

A set of machinery export customs documents includes the following papers:Commercial Invoice

Packing List

Bill of Lading

C/O - Certificate of origin and origin of goods

Other titles (depending on the type of machinery and equipment)

2.2.4 Regulations on export/import tax applied to goods:

a) Export duties of Vietnam: Exin 30 days of registration of customsdeclarations

b) Permanent customs duty and taxes of Cote d’Ivoire:

Statistical fee: 1 percent of CIF value on goods except goods inwarehouses, on duty-free entry for re-export, or in transit; donations; andgoods exempted by international agreements;

The Community Levy of Solidarity (PCS) applies to all imports (exceptthose from WAEMU countries) at a single rate of 1 percent In some cases,goods are exempt from the PCS;

ECOWAS community levy: 0.5 percent of the CIF value;

VAT collected by the customs office is based on the single rate of 18percent The tax computation includes the CIF value added to the entryduty and the statistical fee

2.3 Types of documents for export/import:

• Commodity: description of the goods

• Price: unit price, with commercial terms (eg FOB port ofloading)

2.3.2 Commercial Invoice:

Commercial documents are used to pay the value of goods between the exporterand the importer.On this commercial invoice will clearly and completely state thefollowing information: characteristics of the goods, cost, total value of goods,delivery conditions, payment methods, shipping,

Main content:

name, contact information for the representative, email address,bank account information, etc

• Seller (Seller/Exporter): Additionally rich in data, such as thebuyer's information

specified by the export supplier on the commercial invoice

parties and some time recently the date of trade of themerchandise

D/P is well known presently and the foremost well known is T/T

weight, square number, number of packages can be calculated bybag/piece/piece/carton so that you just can attempt to calculatethe sum of products to pay

receipt, more often than not the sum expressed in both numbersand words

2.3.3 Parking List:

The Packing List: Usually a point by point pressing slip The substance of thistype is extremely detailed and particular, which is additionally the foremostfavored sort of pressing list nowadays

As of now, within the moment and send out industry, individuals are utilizing thetaking after 3 fundamental Pressing List formats:

12

a Detailed Packing List: Typically a nitty gritty pressing slip Thesubstance of this type is extremely detailed and particular, which isadditionally the foremost favored sort of pressing list nowadays.

b Neutrai Packing List: This can be a unbiased pressing slip.Regularly, the seller's title will not be recorded on this sort ofvoucher

c Packing and Weight List: This is the packing slip with the weightlist of the goods

Main content:

importing party

departure and port of arrival,

number of packages, volume of packages,

• Exporter's certification: Clearly signed and stamped

2.3.4 Bill of Lading:

The bill of lading: The charge of filling is utilized to exchange to the shipper forutilize when the products have been stacked and transported on board the dispatch

So the work of the charge of filling is as takes after:

1 Utilized as a receipt for merchandise

2 One of the going with archives of the contract of carriage,demonstrating the execution of the contract

Main content:

traditions statement In conjunction with that's data related toshipping lines, the company's symbol

• Consignor Information: Substance clearly expressing the title andaddress of the shipper and the forwarder

communicating it, based on the purport and trade contract

• Name of vessel: Each type of cargo ship at sea will have its ownname, code of each voyage and shown on this document

• Port of loading and unloading: The title and address of the put ofstacking and emptying from the vessel are moreover recorded

13

• Commodity information: Communicated through the HS codeand the common title of the shipment.

• Number of packages, packing method: Data indicating thenumber of bundles, the number of boxes, the number of holders

codes and fixing markers to back conveyance affirmation,stacking and emptying

distinctive weight and tare volume, which is additionallyappeared to serve the conveyance, stacking and emptying

the sum, the sum of the charge in a common way in terms of theframe paid or receivable Some of the time there's too data withrespect to where to pay

• Date: Appears the date the merchandise are stacked on thedispatch, authoritatively conveyed to the shipping unit There'stoo data around the time of conveyance of the charge of filling,the address of issue

• Original bill of lading number: Appears how numerous firstswere discharged and not more often than not 3

• Signature section: Signature of the carrier, authorized dischargeoperator

2.3.5 Customs Declaration:

Customs Declaration is a document that the goods owner (or vehicle owner) mustdeclare about the shipment (or vehicle) when exporting or importing (entry andexit) into and out of the territory

Before Decree 08/2015/ND-CP, the law required paper bag disclosure As of rightnow, Decree 59/2018/ND-CP is in force, which specifies situations where thecustoms declarant can choose to declare electronically or declare on paper customsdeclarations To put it another way, whereas previously the e-customs declarationwas taken as the base and in statutory cases it was declared on the paper customsdeclaration, the law now places these two forms in parallel and the customsdeclarant can do one of those two methods

In Clause 12, Article 1, Decree 59:

people on exit or entry

and imported in service of national security

14