Identifying and analyzing the trade process between dongguan yingde trading co , ltd and nibetek company limited

MINISTRY OF EDUCATION AND TRAININGHO CHI MINH CITY UNIVERSITY OF ECONOMICS AND FINANCE ---IDENTIFYING AND ANALYZING THE TRADE PROCESS BETWEEN DONGGUAN YINGDE TRADING CO., LTD AND NIBET

MINISTRY OF EDUCATION AND TRAINING

HO CHI MINH CITY UNIVERSITY OF ECONOMICS AND FINANCE

-IDENTIFYING AND ANALYZING THE TRADE PROCESS BETWEEN

DONGGUAN YINGDE TRADING CO., LTD AND NIBETEK COMPANY LIMITED

Ho Chi Minh City, 2024

TEAMWORK ASSESSMENT

1 Đinh Hoàng Vân Khôi 215085409 T T T T T

2 Nguyễn Thị Nhi 215082455 T T T T T

3 Đặng Hiền Phương 215085510 T T T T T

4 Nguyễn Đào Nhật Tân 215085548 T T T T T

5 Nguyễn Gia Tuệ 215081566 T T T T T

(*) Đánh giá phần này theo quy ước sau:

- Tốt: T

- Khá: K

- Trung bình: TB

- Yếu: Y

- Không tham gia: Æ

Trưởng nhóm:

(ký tên, ghi rõ họ tên)

We would like to extend our sincere gratitude to Lecturer Nguyen Thi Ngoc Mai for guiding us throughout our studies over the past period We are also grateful for the opportunity to learn from your expertise in Transport and Insurance I am confident that the skills and knowledge that I have gained through this project will

be valuable to me in my future academic and professional endeavors Thank you again for your guidance and support

TABLE OF CONTENTS

I INTRODUCTION 1

1 Transport 1

2 Insurance 1

3 Transport Insurance 2

II ANALYSIS OF THE DOCUMENT SET 2

CHAPTER 1: Identify who is Seller, who is Buyer and who is carrier/shipping company? 2

CHAPTER 2: Analyze/ Read the main information of the documents 3

1 SALES CONTRACT 3

2 PACKING LIST 4

3 COMMERCIAL INVOICE 5

4 BILL OF LADING 7

5 ARRIVAL NOTICE 8

6 DELIVERY ORDER 9

CHAPTER 3: Draw and present the transport flow chart of goods 11

III CONCLUSION 13

I INTRODUCTION

Transport and insurance are indispensable components of the global economy, crucially enabling the movement of goods and people while safeguarding against potential risks Together, they ensure the seamless operation of international trade and commerce, bolstering economic growth and stability

1 Transport

Transport forms the backbone of global trade, facilitating the movement of goods and passengers across various regions and continents Each mode of transport—road, rail, air, sea, and multimodal—serves distinct purposes and distances Road transport, utilizing trucks and vans, offers flexibility and door-to-door service for short to medium distances, making it ideal for local deliveries Rail transport, cost-effective and environmentally friendly, is suitable for long-distance bulk goods and passenger transport Air transport, the fastest mode, is essential for high-value and perishable goods, ensuring swift international delivery Sea transport, the most economical for heavy and bulky items, is vital for large-scale international shipping Multimodal transport combines multiple modes to provide efficient and seamless movement of goods, enhancing supply chain flexibility and reach Effective transportation systems directly impact trade by reducing costs, expanding market access, and improving service delivery, thereby driving economic activity and development

2 Insurance

Insurance offers a financial safety net against potential future losses or damages, transferring risk from individuals or entities to insurance companies In exchange for premium payments, insurance companies compensate the insured for specified losses, providing financial security and peace of mind Key types of insurance include life insurance, which offers financial protection to beneficiaries upon the insured’s death; health insurance, which covers medical expenses and supports individuals during illness

or injury; property insurance, which protects against damage or loss of assets like homes and vehicles; and liability insurance, which covers legal liabilities arising from injuries or damages to others

3 Transport Insurance

Transport insurance, also known as marine insurance, specifically covers risks associated with the movement of goods and vehicles from one location to another It protects against various perils such as loss, damage, and delays, ensuring that goods reach their destinations safely and securely Cargo insurance covers goods transported by land, sea,

or air, protecting against loss, damage, or theft Hull insurance covers physical damage to ships, safeguarding maritime assets Freight insurance protects against loss of freight revenue, ensuring that transport companies are compensated for their services Liability insurance covers legal liabilities for damage or injury caused during transport, protecting transport companies and shippers Transport insurance is vital for mitigating risks and reducing financial exposure during transit It encourages international trade by providing security for exporters and importers, meeting legal and contractual requirements, and offering peace of mind Businesses can operate confidently, knowing their goods are protected against unforeseen events

II ANALYSIS OF THE DOCUMENT SET

CHAPTER 1: Identify who is Seller, who is Buyer and who is carrier/shipping company?

-The Seller:

 DONGGUAN YINGDE TRADING CO., LTD

Room 701-704, Caijin Business Building, Sanyuanili Community Nacheng street Dongguan, China

-The Buyer:

 NIBETEK COMPANY LIMITED

35 Street No 9, Block 1, Binh Tho Ward, Thu Duc City, Ho Chi Minh City, Vietnam

-Forwarder:

 SHANGHAI KINGON INTERNATIONAL LOGISTIC CO., LTD

 HABA LOGISTICS CO., LTD

CHAPTER 2: Analyze/ Read the main information of the documents



 State the name, purpose, meaning, and content each document

 It is necessary to identify documents issued by which party to which party.

1 SALES CONTRACT

Issued by: DONGGUAN YINGDE TRADING CO., LTD

Purpose:

 Agreement between purchaser and seller: seller will supply the goods and service, purchaser will do the payment base on sales contract

 Legal protection

 Dispute resolution

- Meaning :

A sale contract is a legally binding agreement between two parties where one party agrees to sell and the other agrees to buy goods or services It stipulates the terms under which the sale will take place, including the price, delivery conditions, warranties, and other relevant details

- Content :

 Date of contract: 1 MARCH 2022

 The Buyer:

NIBETEK COMPANY LIMITED

32 Street No 9, Block 1, Binh Tho Ward, Thu Duc City, Ho Chi Minh City, Vietnam

 The Seller:

DONGGUAN YINGDE TRADING CO., LTD

Room 701-704, Caijin Business Building, Sanyuanili Community Nacheng street Dongguan, China

 The Seller will supply the goods and service below:

 Price: 22,834.75 USD

 Payment Terms:100% after shipping goods by TT The goods is orginal from CHINA

 This contract has valid 01 year and legal meaning after signing

 The contract is printed 02 copies for every party and same value

 Export Port: Shanghai port

 Import port: Ho Chi Minh port

 Information bank tranfer:

 Beneficiary: DONGGUAN YINGDE TRADING CO., LTD

 Beneficiary Address: Room 701-704, Caijin Business Building, Sanyuanili

Community Nacheng street Dongguan, China

 Bank Name: HSBC Hong Kong

 Bank Address: 1 Queen's Road Central, Hong Kong Swift: HSBC HK HHH KH

 Account no: 165-716689-838

 Signature of buyer and seller

2 PACKING LIST

- Issued by: DONGGUAN YINGDE TRADING CO., LTD

Purpose :

The primary purpose of a packing list is to provide a detailed inventory of a shipment's contents, ensuring accuracy, facilitating customs clearance, and helping the receiver verify received items Issued by the seller to the buyer, carrier, and customs authorities, it aids the buyer in verifying received goods, the carrier in confirming transported items, and customs in inspecting the shipment

- Meaning :

A packing list is a document that itemizes the contents of a package or shipment This

is an essential document in international trade and logistics, ensuring transparency and accuracy in the shipment process, and aiding in the resolution of any discrepancies that may arise during shipping and receiving

- Content:

 Date of invoice: 25 MARCH 2022

 Shipper/ Exporter:

DONGGUAN YINGDE TRANDING CO., LTD

Room 701-704, Caijin Business Building, Sanyuanili Community Nacheng street Dongguan, China

 To-Importer:

NIBETEK COMPANY LIMITED

1/4B Linh Dong Street, Linh Dong Ward, Thu Duc, HCMC

 Sales Contract No: NCBT220325001

 Payment: 100% T/T in advance - payment by prepaid bank transfer Importer makes full payment to Exporter before receiving goods

 Transport details by sea: From Shanghai, China to HCMC, Vietnam

 Information of the Shipment: Item, Quantity, Gross weight, Measurement

 TOTAL: 4 PACKAGES

3 COMMERCIAL INVOICE

- Issued by : DONGGUAN YINGDE TRADING CO., LTD

- Purpose:

The primary purpose of a Commercial Invoice is to serve as a formal request for payment from the seller to the buyer It is used for customs clearance, tax calculation, and as a record for both parties For the seller, it acts as a request for payment and a transaction record For the buyer, it provides the necessary details for payment and customs clearance For customs authorities, it is used to assess duties and taxes and ensure compliance with import regulations

- Meaning :

A Commercial Invoice is a document issued by the seller to the buyer detailing goods sold, the amount due, and sale terms It is crucial in international trade, providing necessary information for customs clearance and payment processing, and includes terms agreed by both parties

- Content:

 Date of invoice: 25 MARCH 2022

 The Buyer:

NIBETEK COMPANY LIMITED

32 Street No 9, Block 1, Binh Tho Ward, Thu Duc City, Ho Chi Minh City, Vietnam

 The Seller:

DONGGUAN YINGDE TRADING CO., LTD

Room 701-704, Caijin Business Building, Sanyuanili Community Nacheng street Dongguan, China

 Invoice number: NCBT220325001

 Goods information:

 Term: FOB Shanghai

 Loading port: Shanghai, China

 Payment: 100% T/T after shipping goods

 Delivery: Within 20 days

 Validity: Two weeks from shown above

4 BILL OF LADING

- Issued by: SHANGHAI KINGON INTERNATIONAL LOGISTICS CO., LTD

usually issues Bill of Lading (BL) indirectly by working with transportation companies and shipping lines to manage the goods transportation process

- Purpose:

A Bill of Lading is a document used for transporting goods It is considered a contract certifying the receipt of goods in transit, through which the carrier confirms to the

shipper It serves as a document to receive goods at the destination port, especially in sea transport Bill of Lading is issued by the shipping company to the shipper

- Meaning :

A Surrendered Bill of Lading is a standard Bill of Lading that has been marked as surrendered by the shipper This indicates that the original Bill of Lading has been returned to the carrier, allowing the goods to be released to the consignee upon arrival without presenting the original Bill of Lading The surrender process typically involves notifying the carrier electronically (often via telex or email) that the original documents have been received and verified

- Content :

 Date of issue: 17 APRIL 2022

 Shipper/Exporter: DONGGUAN YINGDE TRADING CO., LTD (CHINA)

 Consignee: NIBETEK COMPANY LIMITED (VIETNAM)

 Notify party: NIBETEK COMPANY LIMITED (VIETNAM)

 B/L no: bill of lading number placed by the carrier for easy tracking SHJA2204019

 Domestic routing/ export instruction:

HABA LOGISTICS CO., LTD

79 Binh Quoi Street, Ward 27, Binh Thanh District, Ho Chi Minh City, VietNam

 Ocean vessel: ship name and trip number - Cape Nabil V.2212S

 Port of loading: Shanghai

 Port of discharge: Ho Chi Minh City

 Marks and numbers: NCL

 Total: 4 Packages

 Description of Packages and Goods:

 Gross weight: 803Kgs

 Measurement: 2CBM

 CFS to CFS: Transporting goods from a consolidation warehouse in China and delivering them to a consolidation warehouse in Vietnam

 Shipped on board: 17 APRIL 2022

 Place of issue: ShangHai

 Fees:

 Origin: Inland Freight, Forwarder fees

 Ocean Freight: A, B, C

 Port fees: Origin, Dest

 Other: Insurance Premium, Delivery

 Freight collects - freight paid to Saul

 Signature of the representative:

SHANGHAI KINGON INTERNATIONAL LOGISTICS CO., LTD - LISA

5 ARRIVAL NOTICE

- Issued by: HABA LOGISTICS CO., LTD

Purpose:

The primary purpose of an Arrival Notice is to notify the consignee (buyer) that their shipment has arrived at the destination port It provides essential details and instructions for collecting the goods, allowing the recipient to plan and prepare for the arrival

- Meaning :

Notify that the delivery process is nearing its completion so recipient can now anticipate when the shipment will arrive and make necessary arrangements to receive it

- Content:

 Date of issue: 21 APRIL 2022

 File No.: A-A/N220400678

 Send to: NIBETEK COMPANY LIMITED

32 Street No 9, Block 1, Binh Tho Ward, Thu Duc City, Ho Chi Minh City, Vietnam

 Shipper: DONGGUAN YINGDE TRADING CO., LTD

 Vessel/Voy.: CAPE NABIL/2212S

 Port of Loading: SHANGHAI, CHINA

 M-B/L: SHHCM22257954

 H-B/L: SHJA2204019

 Estimated Time of Arrival: 23 APRIL 2022

 Terminal: CAT LAI, Ho Chi Minh City

 Place of Delivery: CAT LAI KHO 2, VIET NAM

 Shipment details: quantity, weight, container, fees,

6 DELIVERY ORDER

- Issued by: HABA LOGISTICS CO., LTD

- Purpose :

The consignee can check the order information to ensure the goods are delivered in the correct quantity, type, and on time The Delivery Order also serves as a means to protect the consignee's rights in case of disputes arising from the delivery of goods

Meaning :

A Delivery Order (DO) is a document issued by HABA LOGISTICS CO., LTD to the consignee, confirming that the goods have been delivered to the consignee The DO contains information such as the sender's name, the consignee's name, address, type of goods, quantity, weight, and other relevant details related to the delivery of the goods

It acts as a formal release document in the shipping and logistics industry, particularly for imports

Content :

 D/O No.: SHJA2204019

 Issued Date: 27 APRIL 2022

 Ref No.: EDO220427-0210

 Printed Date: 27/04/2022 09:35

 Send to: CAT LAI PORT, HCMC - WAREHOUSE 02, CAT LAI PORT CUSTOMS

 Consignee: NIBETEK COMPANY LIMITED

32 Street No 9, Block 1, Binh Tho Ward, Thu Duc City, Ho Chi Minh City, Vietnam

 Vessel: CAPE NABIL

 Voyage: 2212S

 Container No.: TWCU8081989

 Date of Arrival: 26/04/2022

 MBL No.: JJCSHSGA244323

 Terminal: Cat Lai Port

 Goods description:

CHAPTER 3: Draw and present the transport flow chart of goods

+ Draw a flow chart

+Present and explain the roles of the parties and the transportation of the shipment.