PURCHASE CONTRACT
Contract No: DTS04-2013/5S
Date: Sep 30, 2023
The Seller : VIET HOANG COFFEE VIETNAM CO., LTD
Add : Street No. 11, Him Lam Residential Area, Tan Hung Ward, District 7, Ho Chi Minh City,
Vietnam.
With : ASIA COMMERCIAL BANK
Address : 71 Dien Bien Phu str. Binh Thanh District, Ho Chi Minh City, Vietnam
Represented by Mr. LE VO TRONG NGHIA– Managing Director:
And
The Buyer : D.T.S ILLUMINAZIONE S.R.L.
Add : 1135 COMMERCE RD. MORROW, GA 30260, NEW YORK, USA
Bank : INTESA SANPAOLO SPA
Represented by Mr. ANDREA CAMILLINI- Senior Sales Manager
It is mutually agree to sign this contract covering the following terms and conditions
I/ DESCRIPTION – QUALITY – UNIT PRICE – AMOUNT: (BRAND NEW 100%)
No. Code DESCRIPTION OF GOODS C/O Q'ty Price AMOUNT (USD)
Pcs FOB ITALY
1 01CFVH23XK ROASTED - ARABICA VIETNAM 8,000 10.00 80,000.00
TOTAL 8,000 USD 80,000.00
(In words: USD Eighty thousand only.)
ORIGIN: Vietnam
II/ PAKING AND MARKING
Packing: As per Export Standard packing
Marking: CONTRACT No: DTS04-2013/5S
VIET HOANG COFFEE VIETNAM CO., LTD
III/ SHIPMENT
Shipment: by Air not later than 30 days from the TT day.
Loading port: Italy Port to Ho Chi Minh City, Vietnam.
Partial shipment: Allowed Transshipment: Allowed
• Within 10 days from B/L date, the Seller has to fax to the Buyer the signed shipping documents.
• 1/3 Original B/L plus one set of non- negotiable shipping documents have been sent directly to the applicant by
express courier within 20 days from B/L date.
IV/ PAYMENT
Payment will be made by irrevocable TT at sight with 100% the total contract amount
Beneficiary : VIET HOANG COFFEE VIETNAM CO., LTD
Advising bank : ASIA COMMERCIAL BANK
V/ DOCUMENTS:
Required shipping documents:
1. Signed commercial Invoice in triplicate.
2. 2/3 set of “Clean Ship on board” ocean Bill of Lading, made out to order of issuing bank and notify the applicant.
3. Detailed Packing List in triplicate original.
4. Certificate of Origin in triplicate issued by Chamber of Commerce of U.S.A
5. Quality and quantity certificate in triplicate issued by the Manufacturer or the Seller.
6. Copy of fax to the buyer advising of the particulars of shipment ( vessel name, B/L date, B/L No., description of
goods, L/C No., invoice value, port of loading, ETA, ETD).
7. Beneficiary’s certificate that 1/3 Original B/L plus one set of non-negotiable shipping documents has been sent
to the issuing bank and one set non-negotiable documents to the applicant by express courier within 10 days from
B/L date.
VI/ INSPECTION:
If the goods have to be inspected a representative from the forwarder have to be present as a representative of D.T.S
ILLUMINAZIONE S.R.L.
VII/ WARRANTY:
The contracting parties are not responsible for the non-performance of any contract obligation in case of usually
recognized force majored. As soon as occurred the condition under which force majored has been invoked i.e. extra
ordinary, unforeseeable and irresistible event, a cable or telex should be sent to the other party for information. A
certificate of Force majeure issue by the competent Government Authorities will be sent to the other party within
07(seven) days. Beyond this time, force majeure circumstance shall not be taken into consideration.
VIII/ PENALTY:
In the event that the Seller fails to deliver the gods under this contract on due time, the Buyer will have the right to
penalty in the amount equivalent to 1% of delayed portion value per a week of delay but totally not exceed 3% total
value contract. Telegraphic transfer to the buyer’s Bank shall effect payment for the penalty at the same time.
IX/ ARBITRACTION
In case of dispute, it is first mutually discussed of the basic of mutual respect and benefits. if it is beyond discussion,
the case shall be referred to Vietnam International Arbitration Center next to the Singapore manufacturers’
Federation and Industry of Vietnam in Ho Chi Minh City. The decision of this Center shall be final and binding
upon parties. The arbitration fees shall be born by the losing party.
X/ COMMONS TERMS:
Any change or amendment to this contract must be effected by writing or by fax upon the discussion of to parties.
This contract is made by fax and will be valid from the date of signing.
ON BEHALF OF THE BUYER FOR THE SELLER
ANDREA CAMILLINI LE VO TRONG NGHIA
Managing Director
