Chapter 2- V-E Translation (1)

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1. Vic thanh ton s c coi l c thc hin ch khi s tin theo hp ng c tr vo ti khon ngn hng ca Ngi Bn - NB v NB c ton quyn s dng.

Payment shall be deemed to have been made only when the contract sum is paid into the Sellers bank account and is at the Sellers disposal. (P79)2. Nu vic thanh ton bt c s tin phi tr no b tr hon, NB s c quyn nhn tin li trn s tin cha tr trong khong thi gian tr hon . Tin li s tnh t l theo nm, cao hn t l chit khu ca Ngn hng Trung ng nc NB 3%.If payment of any sum payable is delayed, the Seller shall be entitled to receive interest on the amount unpaid during the period of delay. The interest shall be at an annual rate three percentage points above the discount rate of the central bank in the Sellers country. (P80)3. Ngi mua- NM, trn c s nhn c Xc nhn n t hng t NB, s m mt th tn dng khng hy ngang,c xc nhn, t nht 20 ngy trc ngy giao hng. Th tn dng ny tun theo Quy tc thng nht v thc hnh Tn dng chng t, bn sa i nm 1993, n phm s 500 ca ICC.The Buyer, on receipt of the confirmation of order from the Seller, shall at least 20 days prior to the date of delivery open a confirmed, irrevocable letter of credit. This credit shall be subject to Uniform Customs and Practice for Documentary Credit, 1993 Revision, ICC pubication No.500 (P87)4. Vi mi tun chm tr, NB s tr 1% gi tr hp ng, ti a l 10% gi tr hp ng.With each week of late delivery , the Seller shall pay 1% of the contract price, exceeding 10% of the contract price

5. Bt c s sai khc no gia iu khon thng nht gia cc bn v th tn dng nh pht hnh s c NB thng bo cho NM ngay lp tc.Any discrepancy between the terms agreed by the parties and letter of credit issued shall be advised by the Seller to the Buyer immediately.6. Vic thanh ton cho nhng mt hng theo ha n thng mi s c thc hin vo hoc trc ngy th 30 sau khi nhn c hng. Nu ngy th 30 ri vo mt ngy ch nht hoc mt ngy ngh l c cng b th ngy lm vic tip theo s c coi nh l ngy n hn thanh tonPayment for

7. 20% gi tr th tn dng s c thanh ton trn c s hi phiu ca NB i km vi ha n; 80% cn li s c thanh ton trn c s hi phiu ca NB km vi chng t vn ti.20% of the credit shall be available against the sellers draft accompanied by invoice, the remaining 80% shall be available against the Sellers draft accompanied by shipping documents. (p87)

8. Tt c cc khon thanh ton s c Bn thu t vn tr vo ti khon ng Vit Nam ca Bn t vn tr khi cc bn c tha thun chung khcAll the sum payable shall be paid to the Consultants Vietnam dong account by the Principle, unless otherwise generally agreed by the parties.9. Vic xut trnh nhng chng t sau y cho Ngn hng Ngoi Thng VN s c thanh ton trong vng 3-5 ngy lm vic ca ngn hng sau khi nhn c in tn ca Vietcombank xc nhn rng cc chng t c kim tra tun th vi cc iu khon cua Th Tn dng.10. Khch hng c quyn li thanh ton nu nh c bt k ha n no ca Nh thu khng bao gm cc chng t chng minh i km m Khch hng yu cu.

11. Trong trng hp NM khng m Th tn dng trong vng 4 ngy k t ngy nhn c xc nhn t NH Vietcombank, NB s thu hi Giy Bo lnh thc hin H t Vietcombank v H s t ng c hy.In the event that the Buyer fails to open letter of credit within 4 days on receipt of confirmation from Vietcombank, then the Seller shall recover the contract performance guarantee and the Contract shall be cancelled automatically.12. NB s c thanh ton bng Th tn dng khng hy ngang c m bi Vietcombank H Ni v c thng bo cho NB qua NH Indosuez Singapore, c thanh ton ngay khi xut trnh ln u tin chn b chng t vn ti.The Seller shall make the payment by irrevocable letter of credit opened with Vietcombank, Ha Noi, and advised to the Seller through Indosuez Bank, Singapore. Payment will be made on the first performance of the set of shipping documents.

13. Cc ha n s phi ghi r s Hp ng v tiu v c gi 1 bn gc v mt bn sao y cc chng t cn thit m Khch hng yu cu v gi ti a ch..

The invoices shall 14. Nu vic thanh ton cho hng ha c tin hnh bng th tn dng, NM s m cho NB hng mt th tn dng khng hy ngang qua mt ngn hng hng nht c uy tn quc t ngay sau k kt hp ng ny theo hnh thc v cc iu khon tha mn i vi Ngi bn.

If payment is to be made by letter of credit, then the Buyer shall open an irrevocable letter of credit in the Sellers favour through the international prestigious first-class bank after execute this Contract on the terms and the form satisfactory to the Seller.