HO CHI MINH CITY UNIVERSITY OF FOREIGN LANGUAGES - INFORMATION TECHNOLOGY FACULTY OF BUSINESS ADMINISTRATION INTERNSHIP REPORT Major: International Business THE PROCESS AND SOLUTI
General Information of Pressure System Builders Viet Nam Co., Ltd
The company's business partner .00.0c ccc cece 2 0201122011101 11113 1111111111111 1x12 4 1.2 The company's business results in 3 years 2020-2022 - - 1 1122 111211112 2xe 6 1.3 The importance of Importing by aIr at the cormpany . ccc c2 2c 1222222 xsssy 7
At the present time, Pressure Builders Vietnam Co., Ltd has become the unit, the sales representative for many companies in Vietnam Specifically, RESATO, EFCO, CBVL, AWE, EXTERAN, CAT PUMPS, and supply high pressure system equipment PSBV will approve products and components from its partners and suppliers to sell to domestic and foreign customers, Asian markets and neighboring Southeast Asian countries.
Table 1.1 PSBV sales representative for companies
NAME RESATO: HIGH | High-pressure waterjet PRESSURE AND cutting systems WATERJET
TECHNOLOGY CBVL Concerning the hydraulic system force, electromechanical and pneumatic
GRACO HIGH | Air engine, turbocharger PRESSURE gas, system and test
PANAM Accessories and equipment valves ABEL GMBH _ | Pump and pump pressure
EQUIPMENT high pressure BALON Various types of valves COPORATION
DE WIT Thermometer, body and housing of dynamic pressure pump SPIR STAR High pressure hose
NORRISEAL Various types of valves
INSTRUMENTS control pressure, temperature and flow EFCO Valve testing and repair equipment TECH CAL Chart recorder
CORPORATION |_ valves and accessories GATES Relating to power CORPORATION | transmission and liquid energy
1.2 The company's business results in 3 years 2020-2022 Table 1.2 Revenue, total cost and profit after tax of the company (from 2020 to 2022)
Through the data table reporting PSBV's business results from 2020 to
2022, it can be easily seen that there are many changes First, in terms of sales and service provision in 2021, the revenue increased by about VND 513 million, equivalent to an increase of 2.36% compared to 2020 due to the increased order volume combined with consumed products, equipment and accessories much However, in 2022, revenue from sales and service provision has decreased compared to 2021, specifically at 205 million VND, a decrease of 10.42% In 2022, partly due to the impact of the Covid-19 epidemic in Vietnam, the number of
6 products consumed and exported to markets is somewhat lower than in 2020
Table 1.3 Compare revenue, expenses and profit between 2020 — 2022
Absolute Percent (%) | Absolute Percent (%) l Revenue 513.039.933 | +2.36% 205.574.6541 | - 10.42%
The company's profits from 2020 to 2022 have changed sharply over the years Specifically, the profit in 2021 reached the lowest level in 3 years and in 2022 reached the highest level, somewhat more prominent In 2022, the company achieved a profit 10 times higher than in 2021, which proves that the company's cost optimization has been effective The company's profit result in 2022 has a strong growth partly costs and comes from the constant efforts and improvements of the company's human resources team In summary, through the tables related to business activities at PSBV company, changes have been seen positive Specifically, total costs have been reduced and profits have effectively improved Positive changes over the past 3 years show that the company has constantly strived, developed and contributed to its positioning
1.3 The importance of importing by air at the company
Importing by air can be of significant importance for PSBV companies for several reasons Here are some key benefits and considerations regarding the importance of air
Speed and Efficiency: It allows company to reduce lead times and ensure quick delivery of goods This is particularly crucial for time- sensitive or perishable products that require prompt delivery to maintain the quality and value
Global Reach: Air freight offers extensive global connectivity, with airlines operating routes to various destinations worldwide This enables PSBV to access markets globally and expand their customer base beyond local boundaries
Reliability: Air freight is known for its reliability and adherence to schedules Airlines have well-established departure and arrival times, allowing company to plan the logistics more accurately and fulfill customer demands promptly
Overall, importing by air can provide PSBV with a competitive edge by ensuring fast, reliable, and efficient delivery of goods, enabling them to meet customer expectations and expand their global reach.
SITUATION OF PROCESS OF IMPLEMENTATION PROCESS OF CUSTOMS DECLARATION OF
Evaluation the process of importing goods by air transportation at PSBV
Air transportation is known for its speed and time efficiency It allows PSBV to import goods quickly, reducing lead times and enabling faster order fulfillment This can be particularly beneficial for company dealing with perishable or time-sensitive goods, as well as for meeting urgent customer demands
It provides access to a vast network of destinations worldwide It allows company to import goods from various international markets, expanding their sourcing options and enabling access to a wider range of products Air transportation networks are well- developed, providing connectivity to both major and remote locations
With the growth of e-commerce and cross-border trade, importing goods by air transportation has become increasingly relevant Company can leverage air transportation to import goods for e-commerce platforms, reaching international customers and
17 expanding their online business globally Air transportation's speed and reliability support the demands of e-commerce, where quick order fulfillment is critical
Especially, ECUS5-VNACCS provides companies with the opportunity to expedite the import process, minimize clearance delays, and improve overall supply chain efficiency
Moreover, when PSBV use The ECUS5-VNACCS system, it provides real-time visibility into the customs clearance process Company can track the progress of their import shipments, monitor the status of customs declarations, and receive notifications on any issues or requirements This enhanced transparency enables better tracking and management of import processes, allowing company to proactively address any potential bottlenecks or delays
Cost and Pricing - Air transportation can often be more expensive compared to other modes of transport, such as sea or land Fluctuating fuel prices, airline surcharges, and additional fees associated with air cargo can impact the overall cost of importing goods Companies should carefully consider the financial implications and ensure that the pricing remains competitive and sustainable Moreover, the security Risks - Air cargo security is crucial, given the potential for theft, tampering, or damage during transit Companies need to implement adequate security measures to protect their goods Collaborating with reputable airlines, freight forwarders, and handling agents who have robust security protocols in place can help mitigate security risks And Transportation Delays, despite the speed advantage of air transportation, there can still be delays due to various factors such as weather conditions, air traffic congestion, or operational issues These delays can disrupt supply chains, impact customer satisfaction, and incur additional costs Companies should have contingency plans in place to address potential transportation delays and minimize their impact on operations
The ECUSS-VNACCS (Electronic Customs System 5 - Vietnam Automated Cargo Clearance System) is a customs clearance system used in Vietnam While the system aims to streamline and expedite the customs clearance process, there can be potential challenges and threats associated with its implementation Here are some considerations: Compliance Challenges it involves the system may require businesses to provide accurate
18 and detailed electronic data for customs declarations Ensuring compliance with the system's data requirements and formats can be challenging, especially for smaller enterprises with limited resources and technical capabilities Non-compliance may lead to rejected declarations or additional scrutiny, causing delays and potential penalties And increased Documentation and Administrative Burden that means the implementation of ECUS5-VNACCS may require businesses to provide additional documentation and data, which could increase the administrative burden Companies need to allocate resources to ensure accurate data entry, document preparation, and compliance with the system's requirements
RECOMMENDATIONS TO COMPLETE THE PROCESS OF IMPORTED AT PRESSURE SYSTEM
To mitigate above threats, companies should Evaluate Freight Forwarders and Airlines, Research and evaluate different freight forwarders and airlines to find reliable and reputable partners for air transportation Consider factors such as their experience, network coverage, track record, customer reviews, and competitive pricing Choose partners that can meet your specific import requirements and provide efficient and secure transportation services
Streamline Customs Clearance Procedures: Work closely with customs brokers or customs clearance agents to streamline the customs clearance process Provide them with accurate and detailed information about the imported goods in advance, ensuring compliance with customs regulations
And to capitalize on these opportunities above, companies should carefully plan their import strategies, establish strong partnerships with reliable logistics providers, stay informed about market trends, and continuously evaluate and optimize their import processes
Clear and Transparent Guidelines: Develop clear and transparent guidelines and regulations for customs procedures supported by the ECUSS-VNACCS system Ensure that these guidelines are easily accessible and well-communicated to businesses, enabling them to comply with the system's requirements effectively
Technical Support and Helpdesk: Establish a dedicated technical support team or helpdesk to assist customs officers and businesses with any technical issues or queries related to the ECUS5-VNACCS system Prompt and reliable support will help resolve system-related challenges efficiently and minimize disruptions to customs clearance processes
These recommendations aim to enhance the usability, efficiency, and effectiveness of the ECUSS5S-VNACCS system, benefiting both customs officers and businesses involved in the customs clearance process
CONCLUSION The integration of external economies is becoming increasingly important in today's globalized world With the rise of technological advancements and globalization, markets are becoming more open, leading to countries joining regional trade agreements to increase economic integration and the role of import and export activities in integrating and developing external economies
To provide value to customers, Pressure System Builders Viet Nam co., ltd (PSBV) Company has implemented various strategies such as offering high-quality products, providing exceptional customer service, and utilizing innovative technologies These strategies have been effective in meeting customer needs, as evidenced by the company's high customer satisfaction ratings However, there are areas for improvement in the company's value proposition
Internship experience at Pressure Systems Builders Vietnam Company Limited, I knew the various departments and their roles, the importance of accurate documentation in international trade, and how the internship experience has enhanced my academic learning During my internship at Pressure Systems Builders Vietnam Company Limited,
I had the opportunity to observe the different departments within the organization, learn about their roles, prepare documents, do customs procedures and apply theoretical concepts learned in the classroom to real-world situations I observed the production department, which was responsible for manufacturing and assembling the company's products
My comprehension of theory and practice is still restricted as a result of the brief internship term and the fact that I am still unfamiliar with the real work, thus the report contains errors and flaws I'm eager to get advice and pointers from professors so that | may develop my knowledge and comprehension and write the graduation report as completely as possible l am very grateful for the guidance of Mr Do Quang and the brothers and sisters in PSBV CO., LTD who have enthusiastically helped and guided me in the past time and completed this internship report
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Liễu, T (2023, Iuly 25) 10 bước nhập Khẩu Hàng Hóa Bằng đường Hàng Không
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