Hop Dong Xuat LC

CONTRACT
NO.: 152-2019
Date: Aug. 30th, 2019
BUYER: JAMPOO UNION CORP.
ADDRESS:3F., No. 28, Sec.2, Chongde rd., Taichung city, Taiwan
(R.O.C.)Tel: 886-4-22310999. Fax: 886 4 22313222
Represented by Ms. DEBBY, Director
SELLER: KOVA PAINT COMPANY LTD., Lot 32 Khu Lien Co, Cau Dien
Ward, Nam Tu Liem Dist., Hanoi, Vietnam
Tel: 84-4-37647750 Fax: 84-4-37648035
Represented by Mr. Ngo Van Nam, Director
Both sides mutually agree to sign this contract under the following terms and conditions:
Unit Price Amount (USD)

Quantity
(USD/MT) (+/-5%)
Commodity Description (MTS)
CIF HAI PHONG PORT, VIET NAM
(+/-5%)
(INCOTERMS 2010)
COPOLYMER PROPYLENE
RESIN 64 1,195.00 76,480.00
GRADE: K8009
TOTAL 64 76,480.00
Says: United States Dollars Seventy six thousand four hundred and eight only. A margin of more
or less five percent is allowed.
1. Maker: FORMOSA CHEMICALS AND FIBRE CORPORATION

2. Origin: Taiwan VN
3. Packing: In export-packing standard
4. Port of Shipment: Any Port in Viet Nam
5. Port of Destination: Taiwan Port
6. Shipment: Before or on Oct. 30th, 2019
7. Partial Shipment: Allowed
8. Transhipment: Not Allowed
9. Payment: 100% of Contract value by at sight irrevocable l/c opened within 5 working
days in favor of:
BENEFICIARY: KOVA PAINT COMPANY LTD., Lot 32 Khu Lien Co, Cau Dien
Ward, Nam Tu Liem Dist., Hanoi, Vietnam
ADVISING BANK: Agriculture and Rural Development.. No. 52, Sec. 4, Tran Hung
Dao.Road, Cau Giay, Ha Noi, Viet Nam. SWIFT: CITITWTX
10. Period for presentation: Within 21 days from the latest date of shipment
11. Shipping documents required send to issuing bank:
● Signed commercial invoice in 03 originals
● Full (3/3) set of Clean "shipped on board' Ocean Bill of Lading made out to the order
of HSBC bank, TaiWan Branch, marked "Freight prepaid" and notify the applicant.
● Certificate of origin form B issued by the Chamber of Commerce in 01 original and
01 copy.
● Packing list in 03 originals.
● Full set of Insurance policy in assignable form endorsed in blank covering all risks,
showing claims payable at Taiwan for 110% invoice value in invoice currency.
12. Arbitration
Any dispute between the buyer and the seller will be settled amicably at first. If it does
not reach to agreeable result, both sides should appoint their own representative to form
international arbitration in vietnam to resolve the problem. Decision reached by this arbitration
will be final and binding to both sides. the contract is valid from the signing date. The contract
signing through fax is acceptable.
REP. OF THE BUYER REP. OF THE SELLER
(SIGNED) (SIGNED)
Branch Sai Gon Branch, TPHCM Message Type 700

Input Time 15/09/2019 13:55:00 Message Key I16081555728
Output Time 15/09/2019 13:55:00 MIR 160815BKCHHKHHCXXX6742752246
Sender's BIC BKCHHKHH
Bank Name VIETNAM BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Receiver’s BIC VBAAVNVXAXXX
Bank Name HSBC BANK OF TAIWAN
External Message
1) 27 : Sequence of Total
1/1
2) 40A : Form of Documentary Credit
IRREVOCABLE
3) 20 : Documentary Credit Number
267A16LC009313
4) 31C : Date of Issue
190915
5) 40E : Applicable Rules
UCP LATEST VERSION
6) 31D : Date and Place of Expiry
191114 IN BENEFICIARY'S COUNTRY
7) 50 : Applicant
JAMPOO UNION CORP.
ADDRESS: 3F., NO. 28, SEC.2, CHONGDE RD., TAICHUNG CITY, TAIWAN
(R.O.C.)TEL: 886-4-22310999. FAX: 886 4 223132228)
59 : Beneficiary
KOVA PAINT COMPANY LTD.
LOT 32 KHU LIEN CO, CAU DIEN, WARD, NAM TU LIEM DIST., HANOI, VIETNAM
9) 32B : Currency Code, Amount
USD76,480.00
10) 39A : Percentage Credit Amount Tolerance
2/2
11) 41D : Available With ... By ...
ANY BANK
BY NEGOTIATION
12) 42C : Drafts at ...
AT SIGHT FOR FULL INVOICE VALUE
13) 42A : Drawee
BKCHHKHHXXX
14) 43P : Partial Shipments
RESTRICT IN 3 LOTS ONLY
15) 43T : Transhipment
ALLOWED
16) 44E : Port of Loading/Airport of Departure
VIETNAM
17) 44F : Port of Discharge/Airport of Destination
TAIWAN
18) 44C : Latest Date of Shipment
191030
19) 45A : Description of Goods and/or Services
COPOLYMER PROPYLENE RESIN
GRADE: K8009
COMPRISING : -
- 775 BUNDLES (IN 1 X 20' FCL)
CIF TAIWAN (INCOTERMS 2010)
20) 46A : Documents Required
1. SIGNED COMMERCIAL INVOICE IN 3 COPIES INDICATING CREDIT NUMBER
2. FULL SET OF ORIGINAL CLEAN ON BOARD OCEAN BILLS OF LADING (COVERING

PORT-TO-PORT SHIPMENT) MADE OUT TO ORDER OF HSBC BANK OF TAIWAN, IN
EACH CASE MARKED 'FREIGHT PREPAID' AND NOTIFY THE APPLICANT WITH FULL
ADDRESS INDICATING THIS CREDIT NUMBER AND EVIDENCING SHIPMENT
EFFECTED BY 20' FCL.
3. PACKING LIST IN 3 COPIES SHOWING THE PRODUCTION AND EXPIRY DATES (SHELF
LIFE OF 3 YEARS)
4. FULL SET OF INSURANCE POLICY IN ASSIGNABLE FORM ENDORSED IN BLANK

COVERING ALL RISKS
5. CERTIFICATE OF ORIGIN FORM B ISSUED BY THE CHAMBER OF COMMERCE IN 01

ORIGINAL AND 01 COPY.
21) 47A : Additional Conditions
1. DRAFTS MUST QUOTE NO., DATE OF THIS L/C AND NAME OF L/C ISSUING BANK.
2. TWO PERCENT MORE OR LESS IN QUANTITY FOR EACH LOT OF GOODS AND
AMOUNT OF CREDIT IS ACCEPTABLE.
3. ALL DOCUMENTS MUST BE IN ENGLISH.
4. INSURANCE TO BE COVERED BY APPLICANT.

5. SHIPMENT(S) EFFECTED PRIOR TO THE DATE OF ISSUANCE OF THIS CREDIT
UNACCEPTABLE.
6. DOCUMENTS MUST BE PRESENTED THROUGH BENEFICIARY'S BANKER WITHIN 15

DAYS AFTER THE SHIPMENT DATE AND WITHIN THE VALIDITY OF THIS CREDIT.
7. ALL BANKING CHARGES OUTSIDE OUR COUNTER AND OUR BANK'S CHARGES
STIPULATED BELOW ARE FOR ACCOUNT OF BENEFICIARY:
● CHARGES RELATED TO REIMBURSEMENT, ADVICE OF ACCEPTANCE AND
PAYMENT (INCLUDING DISCOUNT INTEREST AND CHARGES, IF ANY)
● DISCREPANCY FEE OF USD75.00 OR EQUIVALENT FOR EACH PRESENTATION OF
DISCREPANT DOCUMENTS INCLUDING CHARGES RELATED TO REFUSAL NOTICE
● HANDLING FEE OF USD26.00 OR EQUIVALENT FOR EACH PRESENTATION OF
DOCUMENTS WHICH ARE OF VALUE LESS THAN USD10,000.00 OR EQUIVALENT.
8. ONE ADDITIONAL COPY EACH OF THE RELATIVE INVOICE, TRANSPORT DOCUMENTS

AND COVERING SCHEDULE ARE REQUIRED TO BE PRESENTED TOGETHER WITH THE
DOCUMENTS FOR THE ISSUING BANK'S RETENTION.
22) 71B : Charges
REFER TO ADDITIONAL CONDITIONS
23) 49 : Confirmation Instructions
WITHOUT
24) 78 : Paying/Accepting/Negotiating Bank
1. AMOUNT OF EACH DRAWING MUST BE ENDORSED ON THE REVERSE OF THIS

ORIGINAL L/C AND COVERING LETTER MUST BE SO CERTIFIED.
2. ALL DOCUMENTS MUST BE PRESENTED TO US AT VIETNAM BANK FOR

AGRICULTURE AND RURAL DEVELOPMENT
3. UPON RECEIPT OF COMPLIANT DOCUMENTS AT OUR COUNTER, WE SHALL ACCEPT

THE RELEVANT PRESENTATION AND EFFECT PAYMENT IN ACCORDANCE WITH THE
PRESENTER'S INSTRUCTIONS.
25) 72 : Sender to Receiver Information
THIS IS THE OPERATIVE INSTRUMENT.
NO MAIL CONFIRMATION WILL FOLLOW.
PLEASE ACKNOWLEDGE RECEIPT.

Hop Dong Xuat LC

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CONTRACT

Unit Price Amount (USD)

1. Maker: FORMOSA CHEMICALS AND FIBRE CORPORATION

Branch Sai Gon Branch, TPHCM Message Type 700

1. SIGNED COMMERCIAL INVOICE IN 3 COPIES INDICATING CREDIT NUMBER

2. FULL SET OF ORIGINAL CLEAN ON BOARD OCEAN BILLS OF LADING (COVERING

4. FULL SET OF INSURANCE POLICY IN ASSIGNABLE FORM ENDORSED IN BLANK

5. CERTIFICATE OF ORIGIN FORM B ISSUED BY THE CHAMBER OF COMMERCE IN 01

3. ALL DOCUMENTS MUST BE IN ENGLISH.

4. INSURANCE TO BE COVERED BY APPLICANT.

6. DOCUMENTS MUST BE PRESENTED THROUGH BENEFICIARY'S BANKER WITHIN 15

8. ONE ADDITIONAL COPY EACH OF THE RELATIVE INVOICE, TRANSPORT DOCUMENTS

1. AMOUNT OF EACH DRAWING MUST BE ENDORSED ON THE REVERSE OF THIS

2. ALL DOCUMENTS MUST BE PRESENTED TO US AT VIETNAM BANK FOR

3. UPON RECEIPT OF COMPLIANT DOCUMENTS AT OUR COUNTER, WE SHALL ACCEPT

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