VIETNAM MARITIME UNIVERSITY
INTERNATIONAL SCHOOL OF EDUCATION

INTERNSHIP REPORT

TOPIC
DESCRIPTION OF IMPORT ACTIVITIES AT LONG
THANH INVESTMENT AND TRADE DEVELOPMENT CO.,
LTD.

Supervisor:

Nguyen Huu Hung

Student Name:

Le Thu Trang

Student ID:

61897

Class:

IBL0501

HAI PHONG – 2018


VIETNAM MARITIME UNIVERSITY
INTERNATIONAL SCHOOL OF EDUCATION

STUDENT NAME: Le Thu Trang
CLASS: IBL0501

INTERNSHIP REPORT
TOPIC
DESCRIPTION OF IMPORT ACTIVITIES AT LONG
THANH INVESTMENT AND TRADE DEVELOPMENT CO.,
LTD.

Supervisor:

Nguyen Huu Hung

Division:

Logistic

Faculty:

HAI PHONG – 2018


LONG THANH INVESTMENT AND TRADE DEVELOPMENT CO., LTD.

TABLE OF CONTENTS

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LONG THANH INVESTMENT AND TRADE DEVELOPMENT CO., LTD.

LIST OF ABBREVIATIONS

ASEAN
L/C
ICC
SWIFT
WTO
B/L
D/O
C/O

i.

:
:
:
:
:
:
:
:

Association of Southeast Asian Nations
Letter of Credit

International Chamber of Commerce
Society for Worldwide Interbank Financial Telecommunication
World Trade Organization
Bill of Lading
Delivery Order
Certificate of origin

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LONG THANH INVESTMENT AND TRADE DEVELOPMENT CO., LTD.

LIST OF FIGURE

Figure 1.1: The organizational structure of Long Thanh Investment And Trade
Development Co., Ltd
Figure 2.1 Bill of lading
Figure 2.2 Delivery order
Figure 2.3 Bonded warehouse customs declaration form
Figure 2.4 Bonded warehouse contract

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LONG THANH INVESTMENT AND TRADE DEVELOPMENT CO., LTD.

LIST OF TABLES

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LONG THANH INVESTMENT AND TRADE DEVELOPMENT CO., LTD.

PREFACE
Nowadays, international trade and globalization are becoming more and more
important. As a result, the import and export activities are expanding and became
compulsory activities to serve and promote the development of foreign trade.
Foreign trade is an important source of foreign exchange for the economy. In
particular, for a developing country like Vietnam, foreign trade contributes to
boosting the economy, improving the balance of payments, creating jobs and
boosting the country.
In a developing country like Vietnam, import and export business contributed to
increasing modern infrastructure and economic restructuring in the direction
industrialization and modernization. At the same time, import-export business has
been improving the living standard of the citizens. In recent years, the state has
allowed the businesses to import and export directly, thus leads to the competition
between different economic components in the domestic and foreign market.
Especially since 1996, the cooperation between Vietnam and other countries in the
world has been strengthened and expanded. The US removed the trade embargo to
Vietnam and Vietnam's accession to the ASEAN that have made the foreignexchange industry becoming one of the most factors for the country's development.

Therefore, the State always encourages and promotes import-export business.
However, the export-import business must be more effective. This is a goal that any
business, any country wants to achieve. Therefore, improving the efficiency of
import-export business is a significant issue. Long Thanh Company Limited started
import-export operation in 2010. The company encountered many difficulties in the
first phase of import-export activities. The company has been expanding its importexport business and constantly looking for ways to improve the efficiency of its
import-export business until now. Therefore, during the internship at Long Thanh
Investment and Trading Development company, I had an opportunity to research its
import-export process.

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LONG THANH INVESTMENT AND TRADE DEVELOPMENT CO., LTD.

CHAPTER 1: INTRODUCTION OF LONG THANH
INVESTMENT AND TRADE DEVELOPMENT CO., LTD.
1.1 History, Vision and Mission
1.1.1History
• Legal name: Long Thanh Investment And Trade Development Company Limited
• Legal form: Limited Liability Company
• Headquarters: No. 46Nguyen Binh Khiem Street, Ka Long Ward, Mong Cai City,
Quang Ninh Province, VietNam
• Branch office: No. 122 villa 02, 97 Bach Dang quarter, Ha Ly ward, Hong Bang
district, Hai Phong city.
• Certificate of business registration number: 5701423002, issued by Quang Ninh

Authority for Planning and Investment.
• Tel: 0988682888/ 84.3.13507995
• Fax: 84. 3.33773725
• Email:
Long Thanh Investment and Trade Development Co., Ltd established on August 17,
2010. The company was licensed by Mong Cai City Tax Department.The business
capital is 10,200,000,000 VND and Fixed capital is 3,000,000,000 VND.Certificate
of registration of export-import code of enterprises was issued by Quang Ninh
Customs Department- General Department of Customs dated 24/06/2011. In the
process of operation from 2010 to now, the company has signed two additional
business lines:
- The first time (17/08/2010):
+ Other specialized wholesale is not distributed
+ Wholesale food
+ Trading in rubber, scrap, metal and non-metal waste.

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+ Trading in solid, liquid and gas fuels, petrol and related facilities
- The 2nd time (11/12/2013):
+ Supplement to the industry
+ Trading electrical machinery, equipment, electrical materials and spare parts
+ General business

1.1.2 Vision
The company will be linked with domestic and foreign economic sectors through
export-import activities,thereby developing the exploitation of sources, materials,
and goods to satisfy the needs of industrialization and modernization process.
1.1.3 Mission
- Completing the procedures for business registration and operation in accordance
with the regulations of the state.
- To fully comply with all provisions on business registration and take legal
responsibility.
- The company also has the right to conduct business according to the purpose of
establishing an enterprise, by the registered business line with the state.
1.2Organizational Structure
Organization of the company is quite compact. It helps business operations, so that
each department of the company has autonomy in business, the leaders have defined
the duties and responsibilities of each department and also formed the coordination
of rhythm , agreement. Due to the management characteristics of the company, the
organizational structure of the company can be summarized as follows:

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Figure 1.1: The organizational structure of Long Thanh Investment And Trade
Development Co., Ltd
- General Director: as a legal representative, responsible for expanding the
relationship, cooperation, joint ventures with domestic and foreign businesses to
have a stable source of goods, searching information about the sales contracts, and
identify competitors of company, so that we can draw out new business strategies
and also assist customers in understanding the necessary information.
- Administration department: The main job responsibility of an administrator is to
ensure the efficient performance of all departments in an organization. They solve
issues that related to the organization such as labor, salary, social insurance, health
insurance, administration of office and administration.
- Accounting department: It is responsible for doing the accounting work,
promoting the efficiency of mobilizing capital, accounts payable, accounts
receivable and revenue tracking. It also writes sales invoices, financial controls and
make reports and financial statements to estimates the amount of taxable income
that the business is likely to generate, and periodically remits income tax payments
to the government.
-Export-Import department: is responsible for contracting export and import,
organization for exporting goods and importing materials. They manage data for
international shipments and provide support for many steps of the transportation
process. They work with customs agents, warehouse staff, shipping companies, and
clients. They help with shipping, receiving, and record keeping for international
transactions.
-Planning department: making quotation, quantities, categories, distribution

networks, negotiate transactions, sign trade and economic contracts with customers.
This department is responsible for creating the list the items that the company
imported in order to distribute, develop and implement business strategies. They
also develop marketing plans, receive inquiries that meet the requirements and
resolve all complaints of customers in the field of import and export of goods.
1.3 Function
Long Thanh Investment Development and Trading Co., Ltd conduct business
activities in the fields of:
- Wholesale rubber, scrap, metal and non-metal waste.

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- Trading in solid, liquid, gas, petroleum and related products.
- Trading in machinery, equipment, and other spare parts.
- General business
- Wholesale food
- Import and export of goods
As a development enterprise in the field of import, Long Thanh supplies a variety of
services to transport several kinds of cargo such as bulky cargo, bulk cargo,
overload cargo and special equipment from the point of original to the point of
customers at any volume.
Services are provided by the company to customers: export-import procedures,
freight forwarder, consolidation, insurance and packing options, warehousing

services, tracking of goods circulation, road transport.
1.4 Resources
For nearly 10 years since its founding, the Board of Directors and all employees of
Long Thanh Investment and Development Co., Ltd have been continuously trying
to build up the company.
For importers, diesel is the main raw material used for transportation in business. In
recent years, the price of petrol in the world fluctuates constantly and tends to
increase the price has had unfavorable impact on the import business of the marine
industry in general and the company in particular. To minimize the impact of fuel
price fluctuations on total transport costs, the company has adopted economic and
technical measures to save fuel costs, supply and use of fuel.
In addition, the company has gradually implemented a strategy of diversifying
business, separate business activities are linked together to form a closed service
chain to meet the increasing needs of customers. To do that, the company has
continuously invested, developed a new business areas in terms of infrastructure,
machinery and people in each field.
The company is fully equipped with information technology system. Regarding the
software, the company has also step by step invested in enterprise management
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software modules produced by domestic suppliers for specialized departments such
as accounting and accounting to improve efficiency in the company. Corporate
governance.

With the motto of always providing high quality service for customers, the company
constantly improves and perfects the quality of transport service products while
seeking new business opportunities. individual modes of transport into service
supply chains, the company is and will expand.
Along with the expansion investment and the development of production activities,
the company quality management, marketing is one of the important steps, actively
contributing to the efficiency of production and business activities of the company.
you. The company always implement and maintain the quality policy, ensuring the
full requirements of customers, attract new customers, expand the market share of
potential customers.
1.5 Orientation and future plans
1.5.1 Orientation
- To develop into a maritime business enterprise with international qualification and
competitiveness, to provide high-quality goods delivery services, meeting the
increasing demand of customers in while the import business is mainly.
- To diversify types of maritime services, proceeding to build a model of import
business on a large scale
- Investment in development of means of transport
1.5.2 Future plans
a. Maritime transport:
- Import and export goods: agricultural products, coal, fertilizer, plaster, iron and
steel.
- Inland transportation: cement, coal, groceries, clinker ...
* Shipping routes: Southeast With over 80 per cent of global trade by volume and
more than 70 per cent of its value being carried on board ships and handled by
seaports worldwide, the importance of maritime transport for trade and development
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cannot be overemphasized. Vietnam takes the advantages of geographic location
with the long coast and many large seaports to develop waterway transports.
In addition, the domestic and foreign shipping market is favorable. The demand for
intra-regional trade in Asia is rising rapidly due to the strong development of
regional countries such as China and India.
* The kinds of cargoes: Asia and Northeast Asia
b. Shipping services
Shipping agency services focus on developing domestic and international container
shipping services alongside traditional bulk carriers. By 2020, the proportion of
container revenue will approximate and exceed the turnover. In addition, the
company is planning to co-operate with domestic and foreign partners to develop
the diversify types of business services, contributing to increase revenue sources for
shipping service activities.

CHAPTER 2: DESCRIPTION OF IMPORT ACTIVITIES AT
LONG THANH INVESTMENT AND TRADE
DEVELOPMENT CO., LTD.
2.1 Introduction about the company’s import activities
2.1.1 The definition of import business
The commercial is the process of buying and selling goods and services in the
market, the distribution and circulation of goods. According to commercial law,
commercial practices include the purchase of goods, the representation of traders,
the brokerage of goods, the commission of the purchase and sale of goods, the sale
and purchase agency, the commercial processing, the auction goods, goods bidding,
goods inspection services, sales promotion, commercial advertisement, goods

display and trade fair and exhibition. Commercial operations can be divided into
different categories. The scope of operation includes: domestic commercial business
(domestic trade), international trade business (foreign trade), regional trade, city
commerce, agribusiness, internal trade ...
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International trade is the exchange of goods and services between countries through
purchase behavior. The exchange is a form of social relationship and reflects the
economic interdependence between the separate commodity producers of different
countries in the world.
International trade business consists of two main areas namely import business and
export business. In the import business, the purpose of importing goods may be for
domestic consumption, re-export to other countries, investment in the product
development ... and imported products can be goods or services, intellectual
products, invisible goods.
2.1.2The kinds of the company’s import cargoes
The import business must follow the State regulation for import and export. In
particular, there are some kinds of goods that are encouraged to be imported,
whereas some other goods are prohibited from importation or managed by tax
policies, quotas, licenses, exchange rate management policies.
Import cargoes of Long Thanh enterprise includes:
- Perishable goods: India buffalo meat, beef, seafood,…
- Special normal goods: tobacco, wine, beer, alcohol,…

- Dried normal goods: cosmetic, dried agricultural, …
- Solid, liquid, fossil fuels material and related products: coal, steel, iron,...
The company’s mainly imported product are dried agricultural commodities such as
peanuts, legumes, dried mushrooms .... These kinds of product not only have the
high demand in domestic market but also have high demand in China market. So
that the company often imports dried agricultural commodities in order to service
the domestic and to re-export to China via Northern border ports such as Lao Cai,
Mong Cai, Chi Ma, Ta Lung, Dong Dang, etc.
2.1.2 The modes of import business
Total Revenue/ in Type of import-export business model and the ratio (%)
year (VNĐ)
Direct import
Indent import
Temporary
imported for
re-export
2013: 1.775.334
1.053.047 (59%)
645.972 (36%)
76.315 (5%)
2014: 885.485
1.872.536 (65%)
739.500 (28%)
219.449 (7%)
2015: 2.947.156
1.759.542 (60%)
650.297 (22%)
537.317 (18%)
2016: 3.241.871
2.009.960 (62%)

648.374 (20%)
583.537 (18%)

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Table 2.1: Export-Import Forms and its ratio
(Source: The summary reports from 2013 to 2016 of Long Thanh company)
From the above table, the direct import form still plays an important role in the
company's business (increasing from 59% in 2013 to 62% in 2016. Meanwhile,
indent export-import form reduced to 22% by 2015 and 20% by 2016. Temporary
imported for re-export is expected to increase from 2013. It is currently holding at
18% of total imports during the two years of 2015 and 2016. This means that the
company has increasingly considered the direct imports because of the often
profitable nature of this kind of import. It also shows the business ability of the
import business.
2.1.3Analysis the efficiency of import business at Long Thanh company
* The effectiveness of using capital
Year

2014

2015


2016

Net revenue
(VND)

1.426.486.622.283

2.963.272.342.329

3.894.443.573.498

The average of
working capital
(VND)
Net working
capital turnover
(round / year)
Turnover time
(days)

1.419.672.187.
121

2.947.320.033.
963

3.867.208.349.
528

1,0048


1,0054

1,007

363,2563

363,0351

362,4474

Table 2.2: Indicators showing the effectiveness of using the company's capital
(Source: The summary reports from 2014 to 2016 of Long Thanh company)
According to the statistics, it can be seen that the number of working capital
turnover did not change over the years, which is due to the fact that the company
has been competing with other enterprises over the past few years. Turnover time
from 2014 to 2016 respectively is 363.2563; 363,0351; 362,4474 days. The main
reason is that the company did not use capital effectively, but the consumption of
goods has increased.

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* The profitable of import business

Year
2014
2015
2016
Net revenue
1.426.486.622.283
2.963.272.342.329
3.894.443.573.498
(VND)
Total expenses
1.426.353.590.745
2.962.908.308.187
3.892.161.309.034
(VND)
Profit before
153.031.538
364.034.142
2.282.264.461
taxes(VND)
Profit Margin (%)
0,01
0,01
0,05
Gross margin on
0,01
0,01
0.06
sale (%)
Table 2.3: The revenue and business profit of Long Thanh company
(Source: Business results report from 2014 to1016)

Profit margins and gross margins were slightly higher showed that the business has
been seeking to increase business efficiency and the efficiency of using capital.
From 2014 to 2015, gross margins unchanged at 0.01 percentages. In 2016, profit
margin slightly increased to 0.05%. Similarly, gross margins on sales are also
unchanged from 2014 to 2015 and slightly up in 2016, reaching 0.06 percentages.
With the above results, it can be seen that the efficiency of using capital in exportimport activities has increased but not high and there is a balance between profit
margin and the expenses.
2.2 Description of import activities at Long Thanh Investment And Trade
Development Co., Ltd.
2.2.1 Market research
* Market research in domestic market
The market research activities in the domestic market include the following:
• Analysis the market demand on imported goods: through market surveys, the
advices from professional expert, the characteristics of domestic consumers to find
the potential goods, demand scale, quality specifications, prices .... At the same time
find out the trend of the bridge over a period of time.
• Research on imported goods: the selection of imported goods is based on the
following factors:
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- Capability of producing and consuming goods in the country: production scale?
Consumption scale? The main market area of the items? The market share of these
products.

- The life cycle of the selected product: It must determine which stage of the life
cycle the product is in for the domestic market and the world market. In fact, there
are many cases where some products are selling very well in this market but are not
able to market high in other markets.
- State policies for such commodities: To identify goods on the list of goods
restricted from import or to be encouraged for import, the possibility of applying for
quotas or import permits for goods restricted from import, Tax policies, non-tariff
preferences or other restrictive and preferential policies of the State.
• Researching prices of goods domestically: Before conducting the import of goods,
enterprises must investigate the current prices of imported goods and at the same
time determine the tendency of price fluctuations. Based on domestic prices,
enterprises have to make import cost estimates and import business expenses in
order to obtain a competitive price against domestic ones, avoiding importing goods
at too high prices in order to compete with similar products sold in the country.
• Customer Research: Businesses need to identify traditional customers, potential
customers, segment the customer market accurately. The results of customer
research will help the company plan sales, advertising, marketing appropriate for
each customer, especially the customer care before and after the sale.
• Competitor research: determine who are competitors in the market and how to
competitive with them. From there, the business determines its competitive
advantage to over its competitors.
* Foreign market research
Foreign market research must identify: appropriate supply of goods? Import prices?
Import partners?
Import market research activities include the following main contents:
• Research the supply of the market: determine the supply of goods in the world
market, the tendency of fluctuations in production of these kinds of goods that the
business is considering, the countries that have advantages in production.
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• Research on commodity prices in the world market: The prices of goods on the
world market reflect the relationship of supply and demand on the market. The price
is determined to be the international price, which must be the price of normal
commercial transactions without any special conditions and trade barrier.
Planning
General Director
Administration
Accounting
Export-Import
department
department
department
department

2.2.2 Negotiation and sign the sale contracts
When negotiating the contract terms make sure the conditions of the contract are
clearly defined and agreed to by all parties. Contracts may follow a structure that
can include, but are not limited to, the following items:
- Details of the parties to the contract, including any sub-contracting arrangements
duration or period of the contract
- Definitions of key terms used within the contract
- A description of the goods and/or services that your business will receive or
provide, including key deliverables: the quality, the quantity, packing condition, the

name of the goods and manufacturer.
- Payment details and dates, key dates and milestones
- Shipping, insurance, damages or penalty provisions and liability rules between
buyers and sellers based on Incoterms 2010.
- Guarantee provisions, including director’s guarantees
- Renegotiation or renewal options
- Termination conditions
- Special conditions
2.2.3 The import process at Long Thanh Investment And Trade Development Co.,
Ltd.
* Step 1: Apply for import license (if any)
Import licenses are an important measure for the state to manage import operations.
According to the Circular No. 24/2010 / TT-BCT dated July 12, 2010,enterprises
with legal status are allowed to import goods following registered trades and
enterprises only need to register their export-import business codes with their
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customs offices. However, goods on the list banned from import, conditional import
or temporary import, enterprises must apply for import permits.
- A dossier of application for an automatic import license comprises:
+ Automatic import registration application: 2 copies (made according to the form
provided in Appendix No. 02to this Circular)
+ Business registration certificate or investment certificate or business license: I

copy (with the trader true-copy stamp)
+ Import contract or equivalent document: 1 copy (with the trader's true-copy
stamp)
+ Commercial invoice: 1 copy (with the trader's true-copy stamp)
+ Letter of credit or payment document: 1 copy (with the trader's true-copy stamp)
or written certification of via-bank payment (enclosed with a written request for viabank payment certification), made according to the form provided in Appendix No.
03 or 04 to this Circular: 1 original
+ Bill of lading or transportation document of the goods lot: 1 copy (with the
trader's true-copy stamp)
* Step 2: Open L/C
Firstly, the company and the seller negotiate terms and conditions of the L/C as per
the agreement they have made. Import-Export department informed the signed
import contract to the planning department and the deadline for opening L/C. The
Planning Department applies to the issuing bank to issue the L/C on an application
form. Typically, banks have preprinted documents in accordance with ICC and
SWIFT standards, so the company only has to read and fill in the box for the
request. The company usually opens L/C at reputable banks in Vietnam such as:
Viettinbank, Vietcombank,… The issuing bank requires documents from the
company which are the sale contract, commercial invoice, buyer’s purchase order. If
the company wants to get the bank loan, the company needs to submit the business
plan, loan amount, loan duration, repayment period and source of repayment to the
issuing bank. After inspecting all these documents, the bank issues the L/C and
forwards it to the advising bank. ). At the same time, the issuing bank also sends a
copy of the L/C to the company for reviewing the content of the L/C in order to
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ensure that the L/C absolutely appropriate. The advising bank checks the apparent
authenticity of the L/C and advises the L/C to the beneficiary (seller).The seller
checks the L/C, if it complies with the contract and all terms and conditions
specified in the L/C, they will ship the goods. If the exporter can satisfy with the
term and the conditions of the L/C, they will renegotiate with the company to fix the
L/C.
* Step 3: Payment
After transferring the shipment to the shipping lines, the exporter assembles the
documents specified in the L/C, checks the documents for discrepancies with the
L/C, draws the documents and presents it to the advising bank. The advising bank
inspects the draft and the documents with terms and conditions of the L/C and
forwards them to the issuing bank. The issuing bank makes the payment to the
exporter based on the payment date between importer and exporter. The issuing
bank only agrees to deliver documents when the company takes the payment to the
issuing bank for the fee to open the L/C and other expenses. The company checks
whether the documents are sufficient in terms of the quantity and contents have
complied with the regulations or not. If the dossier is perfect and the company has
paid 100% of the L / C value, the issuing bank will transfer the documents to the
company for receiving the goods.
* Step 4: Chartering the shipping lines and buy insurance (if need)
The responsible for buying insurance and chartering means of transport belong to
importer or exporter based on the terms in signed contracts. Long Thanh normally
import at CIF prices so that the responsibility for chartering means of transport and
purchasing insurance belong to the exporter.
* Step 5: Obtaining necessary documents
Before the vessel arrives, the shipping lines send arrival notice to the company. The
company will get the D/O from shipping agent after preparing the documents

includes B/L, arrival notice and letter of introduction. The shipping lines check the
documents then issue 3 Delivery order:
+ 1 for customs clearance
+ 1 to take out the port to get the goods
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+ 1 for saving

Figure 2.1: Bill of Lading
(Source: Long Thanh Investment and Trade Development company’s document)

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Figure 2.2: Delivery order
(Source: Long Thanh Investment and Trade Development company’s document)
* Step 6:Customs clearance

There are 3 main steps to in import customs clearance:
- Customs declaration: In this step, the company must declare in detail the imported
goods into the customs declaration form so that the customs office shall inspect the
import procedures. Custom declaration must be conducted honestly and accurately.
After declaring the full contents of the declaration form, the enterprise submits the
documents including:
+ Customs declaration form: 2 original
+ Commercial contract: 1 copied
+ Commercial invoice: 1 original
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+ Packing list: 1 original
+ Bill of Lading: 1 copied
+ Certificate of original (if need): 1 original
+ Delivery order: 1 original
+ Business registration license: 1 original
- Presentation of import cargo: Imported goods must be presented with the customs
to check, implement customs procedures and pay taxes (if any). Imported goods
must be arranged in order and convenient for inspection and control. The inspection
can be done at the customs warehouse, at loading port or bonded warehouse. In case
of abnormal signs, the customs authority may request the importer to explain the
value or quantity of goods after doing customs clearance.
- Execute following the decision-making authority of the customs authority: the

owner must be responsible for the serious implementation of the decisions made by
the customs.
* Step 7: Receiving and checking the import cargo
After completing customs clearance of the shipment, the company hires forwarders
to receive the goods. The company and the forwarding business will sign a contract,
in which the company will pay the forwarding and receiving fee to forwarding
companies. These businesses are more professional and less expensive than the
company itself. The company handed over the dossier to the forwarders so that
these enterprises can receive the goods from the port. These documents include:
- The Authorization letter of importer
- Customs declaration form
- Commercial contract
- Import documents (01 original B/L or the L/C from the issuing bank)
Forwarding company will invite specialized inspection organizations such as
Vinacontrol to undertake the necessary inspection of goods. If the shipment is

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LONG THANH INVESTMENT AND TRADE DEVELOPMENT CO., LTD.

damaged or missing, the inspection company will make the lodge to complaints and
dispute resolution to the involved parties.
After receiving the goods, the company will rent the bonded warehouse to wait for
re-export procedures (for temporary imported goods to re-export) or to wait to sell
in the domestic market.


Figure 2.4 Bonded warehouse customs declaration form
(Source: Long Thanh Investment And Trade Development Co., Ltd document)

Figure 2.5:Bonded warehouse contract
( Source: Long Thanh Investment And Trade Development Co., Ltd document)

ii.

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