Case study: Import industrial sewing machines from China to Vietnam

Garco 10 Joint Stock Company headquartered in Hai Phong (Vietnam) decided to import 500
industrial automatic sewing machines from Taizhou Limited Liability Company headquartered in
Guangdong (China) for use in their factory at a cost of 1,450 USD/unit. Garco 10 - Joint Stock
Company Company requires goods to be present on November 2, 2023, at Dinh Vu Port, Hai Phong
(Vietnam). Applying the CIF import method, goods will be transported by sea. The Taizhou company
is responsible for bringing goods from the factory's warehouse to Guangdong seaport (China), loading
the goods on the ship, and clearing customs for export. Provide full export license and tax. Garco 10 -
Joint Stock Company must be responsible for completing import customs declaration documents
before November 2.