| IMPORTANT INFORMATION INDEX PAGE 'TABLE OF CONTENTS' |
THE FOLLOWING PAGES ARE PROVIDED FOR AUTHORIZED AGENTS FOR VIETNAM CONSULTANTS LTD. AGENT SERVICES #12 a VNC will advise you about current businesses, introduce you to our factory contacts with whom VNC has established fifteen-year long relationships, explore with you new areas to discover additional sources of products, and provide assistance to the negotiations that is online to get the most reasonable price for your products requested. We will take your product request, sample, photos and drawings to our contacts and obtain for you their lowest reasonable price for their products. We will insure in every possible way that your requests are met. Samples,* if required, will be sent for your approval. Should you choose to visit Vietnam, one our bi-lingual staff will be provided as your buying guide. They will take you to as many factories outlets and shops as you want to see or visit, and remain with you as the situations require. In addition, they will help you arrange all your transportation needs. They will also help you to locate business for relaxation such as your tourist connections of interest. VNC only co-operates with committed buyers. We have more than 15 years of experience in Vietnam. Presently, we are in our 15th year on location in Vietnam and continuing to build relationships the old fashion way with the Vietnam business world with emphasis in Central and Southern parts of Vietnam with our base of operation out of Ho Chi Minh city. Our field representatives are able to provide unlimited sources of factories, outlets, or shops in this region. These area facilities provide all forms of products to include wood, ceramic, lacquer ware, and multitude of handicrafts which are made to the quality you desire and sell them at the lowest reasonable prices. If your inquiry is approved VNC will preform the following as required • Contact several manufacturer’s to cross verify current availability and prices of products requested. • It is custom to required to have our staff make a personal visit as many product providers will not negotiate by telephone. In addition, very few sources have staff fluent enough in English to satisfy your needs of negotiation. Many factories do not have fax or E-mail. Vietnam factories are not yet set up to accept the needs for E-commerce with expertise required by the US market demands. • Provide new outlets, shop or manufacturers if your needs are not met by our online providers. • Send your photos of any additional products as required * fee is appraised for each transaction based on current market conditions. Prices and Fees All prices and / or fees will be quoted and payable in United States Dollars. All sums will be paid by wire transfers only to a VNC escrow account that will be provided. Research Fees are assessed at 50 U.S.dollars per man hour where required and is set up as an upfront retainer that must made in advance, usually in the amount of 1000 U.S.dollars unless VNC determines otherwise. VNC will ask for your retainer to be refreshed as needed and any excess funds remaining in the retainer escrow account will be credited to the your purchase billing. Payment Terms and Conditions • Payments by wire transfer ONLY will be made to VNC Escrow account as will be advised. • Deposits – As indicated online adjacent to the products. • Purchase Orders that are below the minimum 10,000 U.S.dollars will be paid in full in advance. • Orders that exceed 10,000 U.S.dollars will require a deposit of ½ the purchase order amount or the actual cost of the order and is due and payable at the time the order is placed with VNC. • VNC cannot start work on your project unless said deposits are consummated in a timely fashion and in the VNC escrow account as required. Deposits for Customized Products • A deposit of one half the estimated cost of your order is due at the time you hire VNC to research and place your order. Adjustments will be made as needed for the final payment. VNC cannot start to work on your request until this deposit is received. Research Fees • An advanced retainer must be made to cover research fees. All work will stop when the retainer funds are exhausted and resume when they are restored. Final Payments • Due at one calendar week before shipment or container boarding. Samples for Products: • Product samples, not provided by the factory or manufacturer, are provided at their retail purchase price. When molds are required, fee charges are higher. There are no exceptions. Shipment by air freight must be paid in advance if VNC. Unless other arrangements are made. Vietnam Sales • Sales are made at the designated port of call which is Saigon (Ho Chi Minh city) take note that CIF terms are available by requests only. • The buyer is responsible for the risk of loss, cost of transportation & insurance, from the factory's loading dock. Ownership Title is passed to the buyer at that time. • FOB deliveries, all costs, insurance, and freight charges must be paid by you - in advance. You are at your liberty to use your own shipping agent, or VNC will assist that for you. • CIF terms all costs, insurance, and freight charges will be paid by buyer for arrival at the nearest port of international arrivals of your choice. Fees prepaid, VNC will be responsible for hiring the shipping company, paying costs, insurance, and freight to the destination of your choice. • In both cases, title to the products and risk of loss will be solely that of the buyer from the time the container loaded over the ship's rail at the port of embarkation. • Payment for the goods and their shipping costs are due paid in full and in advance. If VNC is to pay for shipping and related costs, those costs must be prepaid with the final payment by wire transfer from the buyer. There are no exceptions on Wire Transfers When funds are due, all work will be on hold until VNC receives the funds requested or required to reinstate the escrow account. Any difficulties or costs caused during that suspension will be borne by the buyers. Provisions about Exports • Export duties and restrictions assessed by Vietnam on certain products, such as religious & cultural items, and special types of wood, being processed or not. • VNC must work with a State-licensed Import-Export Companies until the laws of Vietnam change. This will be an evolutionary process and will take time. • All items sold FOB, Saigon port, if the factory dealer price did not include all the standard export license fees, those fees will be assessed from your account and advised of such actions taken. • If some items are not available for export you will be advised in regards to those items, should those items be included on your (PO) purchase order. |
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| IMPORTANT INFORMATION # 12 a |