Incoterms include standardized international commercial terms, recognized and used by many countries and territories. The content of Incoterm is related to two key points: Responsibility between seller and buyer The position transfers responsibility, risks, and costs from the seller to the buyer Incoterms will be issued by the International Chamber of Commerce (ICC). This Code […]
Some company images Hoiwah sales staff participate in the EXPO Vietnam 2023 exhibition fair held in Ho Chi Minh City Merry Christmas and Happy new year 2024 Christmas is coming and the old year is about to pass. Hoiwah would like to wish our partners and customers a Christmas filled with special moments, warmth, peace […]
Customers who want to import machinery, hand-held or mechanical equipment from China, for example, are offered prices: CIF and FOB??? Below we will explore three main aspects to better understand the differences when importing with CIF price & FOB price: 1. COST BUY FOB: NB transports goods to the port, carries out customs clearance procedures, […]
