MINISTRY OF FINANCE ACADEMY OF FINANCE GRADUATION THESIS TOPIC: FREIGHT FORWARDING OF IMPORTED GOODS BY SEA AT GOLDEN STAR LOGISTICS AND TRADING INVESTMENT COMPANY LIMITED Major : Customs and Logistics Code 06 Instructor : Assoc. Vu Duy Nguyen PhD. Nguyen Thi Minh Hoa Hanoi - 2022 MINISTRY OF FINANCE ACADEMY OF FINANCE GRADUATION THESIS TOPIC: FREIGHT FORWARDING OF IMPORTED GOODS BY SEA AT GOLDEN STAR LOGISTICS AND TRADING INVESTMENT COMPANY LIMITED Major : Customs and Logistics Code 06 Instructor : Assoc. Vu Duy Nguyen PhD.
Nguyen Thi Minh Hoa Hanoi - 2022 Graduation Thesis Academy Of Finance DECLARATION I hereby declare that this thesis is a report of my own research and effort and all the data, information provided in this thesis are true and based on reality. Graduation Thesis Author i Graduation Thesis Academy Of Finance ACKNOWLEDGEMENT First, I truly appreciate the internship opportunity at Golden Star Logistics and Trading Investment Co,. They gave me a chance to corporate at work and to gain more not only knowledge but also experience. Besides, I would like to express my profound gratitude to my mentor, Assoc.
Vu Duy Nguyen and PhD. Nguyen Thị Minh Hoa who have helped and encouraged me to develop the understanding of the subject. I really appreciate his patience in reading and correcting my thesis. Finally, I wish to show my sincere thanks to all my teachers at Academy of Finance, who have provided me with worthy lessons throughout 4 years of study.
ii Graduation Thesis Academy Of Finance TABLE OF CONTENTS DECLARATION. ii TABLE OF CONTENTS.vi TABLE OF FIGURES, TABLE.1 CHAPTER 1: THEORETICAL BASIS OF FREIGHT FORWARDING OF IMPORTED GOODS BY SEA.1 Overview of imported goods.2 Characteristics of imported goods.3 Roles of imported goods.4 Classification of imported goods.2 Overview of international freight forwarding.1 Concept of international freight forwarding.2 Contents of freight freight forwarding of imported goods by sea.3 Concept and role of forwarder:.4 Relationship of forwarders and related parties in freight forwarding imported goods by sea:.5 Duties of agencies involved in the process of freight forwarding imported goods by sea.3 Process of freight forwarding of imported goods by sea.1 Process of freight forwarding imported goods by sea.2 Documents in freight forwarding imported goods by sea.4 Factors affecting the process of freight forwarding imported goods by sea .27 iii Graduation Thesis Academy Of Finance 1.29 SUMMARY OF CHAPTER 1. 30 CHAPTER 2: SITUATION OF FREIGHT FORWARDING OF IMPORTED GOODS BY SEA AT GOLDEN STAR LOGISTICS AND INVESTMENT TRADING CO.1 Overview of Golden Star Logistics and Trading Investment Co.1 Basic information about the company.2 The organizational structure of the management apparatus.3 Field of business activities.4 Overview of the company's business results in the period of 2018 - 2020 .2 Analysis of freight forwarding of imported goods by sea at Golden Star Logistics and Trading Investment Co.1 Legal basis in freight forwarding of imported goods by sea.2 The process of freight forwarding of imported goods by sea at Golden Star Logistics and Trading Investment Co.3 Analyze and evaluate the results of freight freight forwarding of imported goods by sea of Golden Star Logistics and Trading Investment Co.3 Assessment of the current status of the process of freight freight forwarding of imported goods by sea at Golden Star Logistics and Investment Trading Co. 50 SUMMARY OF CHAPTER 2.
51 CHAPTER 3: ORIENTATION AND SOLUTIONS TO IMPROVE THE FREIGHT FORWARDING OF IMPORTED GOODS BY SEA AT iv Graduation Thesis Academy Of Finance GOLDEN STAR LOGISTICS AND TRADING.1 Development trends of the freight forwarding market.2 Objectives and development direction of Golden Star Logistics and Trading Investment Co.2 Development goals of the company.3 Some solutions to enhance the process of freight forwarding imported goods by sea at Golden Star Logistics and Investment Trading Co.1 Optimizing the quality of existing transport services and providing new types .2 Overcoming delays in receiving documents.3 Solutions to improve the quality of human resources.4 Solutions to attract customers.5 Solutions to improve the relationship with shipping lines and Customs authorities.6 Solutions to improve Marketing activities.7 Solutions to promote warehousing business.4 Recommendations to state management agencies.1 For the State. For Vietnam Forwarding Association.66 SUMMARY OF CHAPTER 3.71 v Graduation Thesis Academy Of Finance ABBREVIATIONS GSC Golden Star Logistics and Trading Investment Co., LTD Company Limited PO Purchase Order B/L Bill of Lading HS Harmonized System INV Invoice CFS Container Freight Staion LCL Less Container Load FCL Full Container Load FIATA International Federation of Freight Forwarder Association D/O Delivery order ROROC Report on receipt of cargo vi Graduation Thesis Academy Of Finance TABLE OF FIGURES, TABLE Figure 1.1: Relationship of forwarders and related parties in freight forwarding imported goods by sea.2: The process of freight freight forwarding imported goods by sea.1: Organization chart of the GSC management apparatus.2: Types of company services.3: Revenue from transportation service business.4: The process of importing goods by sea of GSC.1: Business results report of GSC.2: Revenue from transportation of imported goods by sea of GSC.43 vii Graduation Thesis Academy Of Finance PREAMBLE 1. The necessity of the research: Since our country implemented the open-door policy, the Vietnamese economy has really made positive and optimistic changes, gradually integrating and integrating into the regional and world economy. In that context, import-export business activities have clearly shown an important role, being the driving force in promoting the country's economy to develop in accordance with the process of industrialization and modernization of the country that the Party and State have not been able to achieve.
Currently, the process of globalization and international economic integration is taking place strongly in the world. Vietnam officially integrated deeply with the region and the world after the 1990s with the signing of a series of FTAs-Free Trade Agreements and became an official member of the World Trade Organization (WTO) on 11/1/2007. So far, Vietnam has had diplomatic relations with more than 170 countries, exported goods to about 230 markets, signed over 150 free trade agreements, many bilateral trade agreements and about 12 multilateral agreements and is still negotiating a range of other trade agreements. Vietnam has an advantage in trade with the world because most of its territory is adjacent to the East Sea, a coastline stretching 3,260 km and many large and small seaports have been built.
The quantity and value of goods delivered and delivered through seaports accounts for the majority of the total value of Vietnam's international freight forwarding. Importing is to serve the development of the country, the problem is how to be both effective and cost-effective. An important factor contributing to import efficiency is foreign trade work and organization. To fully implement a foreign trade contract, it is indispensable to organize the transportation of goods from one country to another.
Import and delivery work plays this 1 Graduation Thesis Academy Of Finance important role, so I choose the topic " Freight Forwarding of imported goods by sea at Golden Star Logistics and Trading Investment Co., Ltd " as my graduation thesis. My thesis is built on the general process of the business and learned during the internship at the company, doing specific work. The thesis has clearly stated a process for freight forwarding imported goods by sea, specific operations of each step in the process. From that, the advantages and disadvantages of the process can be drawn, based on that, to make suggestions and recommendations for the improvement of the process for Golden Star Logistics and Investment Trading Co.
Research objectives: Learn about freight forwarding activities by sea at Golden Star Logistics and Investment Trading Co. to find out the advantages and disadvantages as well as difficulties in forwarding work at the company, thereby proposing solutions to improve the delivery service. Research object and scope: Research object: focus on studying the profession, the process of freight freight forwarding of imported goods by sea. Scope of research: the topic focuses on research within the scope of freight forwarding activities of imported goods by sea at Golden Star Logistics and Investment Trading Co.
Research Methodology: Data collection methods - Secondary data collection methods: • Data collected from theses are all in the field of import and export freight forwarding, Logistics. • Report on business results and documents during operation at Golden Star Logistics and Trading Investment Co. • Data through searching for information on the internet. 2 Graduation Thesis Academy Of Finance • Related articles are published in newspapers and magazines.
- Primary data collection method: • Primary data is collected by actual observation method through direct contact with international freight forwarding services at the sales department and the import and export department of the company. Data processing methods - Statistical method: Statistical method is used to evaluate the current status of international freight forwarding services of Golden Star Logistics and Trading Investment Co. through internal documents that the company owns. Offered from 2018 to present.
- Analytical method: An analytical method is a way of using a logical thinking process to study and compare reliable relationships between statistical data obtained from internal documents on operational performance. of the company during the analysis to assess the reasonableness and non- rationalization of these data. - Comparative method: Comparison between theory and reality; Compare the processes with each other and draw out the differences to make them easier to remember. - Synthetic method: This method is used to summarize the analysis and comparison to make comments and assessment on the current status of freight forwarding services by sea at Investment Trading Co.
Trading and Logistics of Gold Star, thereby offering solutions to develop the company's freight forwarding service by sea. - The SWOT matrix method is used to analyze strengths, weaknesses, opportunities, and threats in the freight forwarding imported goods by sea at Golden Star Logistics and Trading Investment Company Limited. Thesis structure: 3 Graduation Thesis Academy Of Finance Chapter 1: Theoretical basis of Freight Forwarding of imported goods by sea Chapter 2: Situation of Freight Forwarding of imported goods by sea at Golden Star Logistics and Investment Trading Co. Chapter 3: Orientation and solutions to improve Freight Forwarding of imported goods by sea at Golden Star Logistics and Investment Trading Co.
4 Graduation Thesis Academy Of Finance CHAPTER 1: THEORETICAL BASIS OF FREIGHT FORWARDING OF IMPORTED GOODS BY SEA 1.1 Overview of imported goods 1.1 Concepts Imported goods are goods brought into the Vietnamese territory from abroad or from a special area located on the Vietnamese territory which is considered a special area located on the territory of Vietnam and is considered a separate customs area. according to regulations of the Law. Imported goods are subject to customs procedures and subject to customs inspection and supervision.2 Characteristics of imported goods With the approach of imported goods, business is imported goods for the purpose of profit-making through a sales contract between the importer and the exporter. Goods imported for trading have the following basic characteristics: - Goods being movable property have names and codes according to the list of imported goods.
An asset is movable when, by its nature or prescribed by law, it is capable of self-moving or can be moved by external influences but still retains its shape, size and properties. inherent nature of the property. An asset is a legal movable property identified in specific legal documents. According to the provisions of the Civil Code 2015, movable assets are assets that are not real estate.
Real estate means assets including: land, houses, construction works attached to land, including properties attached to such houses and constructions; other properties attached to the land; other assets prescribed by law. Thus, the concept of movable property that is approached as the object of ordinary civil transactions is quite broad, however, goods imported for business are bound to add certain conditions that are movable property with a code according to the list. HS or have names and codes 5 Graduation Thesis Academy Of Finance according to the list of imported goods of each country that are imported or stored in the customs territory.