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Export Contract Air

This Export Contract, dated March 28, 2025, is between Vietnam Export Co., Ltd. and Fresh Market Co., Ltd. for the sale of 5,000 kg of Fresh Vietnamese Chili Pepper at a total contract value of 15,000 USD. The goods will be transported via air freight from Tan Son Nhat International Airport to Changi Airport, with payment made through an irrevocable letter of credit. The contract outlines terms for inspection, insurance, force majeure, and dispute resolution under Vietnamese law.

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90 views3 pages

Export Contract Air

This Export Contract, dated March 28, 2025, is between Vietnam Export Co., Ltd. and Fresh Market Co., Ltd. for the sale of 5,000 kg of Fresh Vietnamese Chili Pepper at a total contract value of 15,000 USD. The goods will be transported via air freight from Tan Son Nhat International Airport to Changi Airport, with payment made through an irrevocable letter of credit. The contract outlines terms for inspection, insurance, force majeure, and dispute resolution under Vietnamese law.

Uploaded by

maithimyduyen492005
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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EXPORT CONTRACT

This Export Contract is made and entered into on March 28, 2025, by and between:

PARTIES

SELLER:
Vietnam Export Co., Ltd.
Registered Address: 123 Nguyen Trai Street, Ho Chi Minh City, Vietnam
Phone: +84 28 1234 5678
Email: [email protected]
Tax Code: 0301234567
Represented by: Mr. Nguyen Van A (General Director)

BUYER:
Fresh Market Co., Ltd.
Registered Address: 789 Orchard Road, Singapore
Phone: +65 6789 1234
Email: [email protected]
Tax Code: SG12345678X
Represented by: Ms. Linda Tan (Purchasing Manager)

1. GOODS DESCRIPTION
The Seller agrees to sell and the Buyer agrees to buy the following goods:
- Product Name: Fresh Vietnamese Chili Pepper (Capsicum frutescens)
- Scientific Name: Capsicum frutescens
- HS Code: 07096000
- Quantity: 5,000 kg (+/- 5% tolerance)
- Unit Price: 3.00 USD per kg
- Total Contract Value: 15,000 USD
- Packaging: 5 kg per plastic crate, with perforations for air circulation
- Storage & Handling Conditions: Maintained at 10-12°C during transportation to preserve
freshness

2. DELIVERY TERMS
- Mode of Transport: Air Freight
- Port of Loading: Tan Son Nhat International Airport (SGN), Vietnam
- Port of Destination: Changi Airport (SIN), Singapore
- INCOTERM: CIP Changi Airport, Singapore (Incoterms 2020)
- Estimated Time of Shipment: April 10, 2025
- Consignee Details: As per Buyer's instructions
3. PAYMENT TERMS
- Payment Method: Irrevocable Letter of Credit (L/C) at sight, issued by a first-class
international bank
- Payment Currency: USD
- Payment Schedule: 100% upon presentation of shipping documents and inspection report
- Bank Charges: Seller bears charges from their bank; Buyer bears charges from their bank

4. INSPECTION AND QUALITY CONTROL


- The goods shall be inspected by SGS Vietnam prior to shipment to ensure quality
compliance.
- The Seller guarantees that the goods meet the following standards:
- Freshness: No visible signs of decay, mold, or spoilage
- Pesticide Residue: Compliance with Singapore Food Agency (SFA) regulations
- Size & Weight: Uniform size, minimum 10 cm in length
- Color: Bright red, firm texture
- Any defects found upon arrival must be reported within 24 hours for resolution.

5. DOCUMENTS REQUIRED
The Seller shall provide the Buyer with the following documents:
- Original Air Waybill (AWB)
- Commercial Invoice (signed & stamped)
- Packing List (detailed breakdown of shipment)
- Certificate of Origin (Form A)
- Quality Certificate issued by SGS Vietnam
- Phytosanitary Certificate
- Temperature Control Report (from transit storage monitoring system)

6. INSURANCE
- The Seller shall provide cargo insurance for 110% of the total contract value, covering
risks of loss or damage in transit.
- The insurance policy shall be issued by an internationally recognized insurance provider
and include “All Risks” coverage.

7. FORCE MAJEURE
- Neither party shall be held responsible for failure to perform obligations due to
unforeseeable circumstances beyond control, including but not limited to:
- Natural disasters (earthquakes, floods, hurricanes)
- Wars, terrorism, riots, government embargoes
- Epidemics or pandemics
- The affected party must notify the other party within 7 days of such an event occurring.

8. CLAIMS AND DISPUTE RESOLUTION


- Any claim for non-conformity must be made within 48 hours of goods arrival.
- If a dispute arises, the parties agree to negotiate in good faith.
- If no resolution is reached, disputes shall be settled by arbitration under the Singapore
International Arbitration Centre (SIAC).

9. GOVERNING LAW
- This contract shall be governed and interpreted by the laws of Vietnam.
- Any legal proceedings shall take place in Ho Chi Minh City, Vietnam.

10. MISCELLANEOUS
- Amendments or modifications to this contract must be made in writing and signed by both
parties.
- This contract is made in two (2) original copies, each party holding one.

SIGNATURES & STAMPS


IN WITNESS WHEREOF, the parties hereto have executed this Contract as of the date first
written above.

FOR THE SELLER: FOR THE BUYER:


_________________________ _________________________
Nguyen Van A Linda Tan
(General Director) (Purchasing Manager)
Vietnam Export Co., Ltd. Fresh Market Co., Ltd.
Date: March 28, 2025 Date: March 28, 2025

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