lOMoARcPSD|38590726 VIETNAM NATIONAL UNIVERSITY HIGH QUALITY TRAINING INSTITUTE FOREIGN TRADE BUSINESS DISERTATION EXPORTING ROBUSTA COFFEE PRODUCTS TO EUROPE MARKET TEACHER: DOAN THI THU HANG STUDENT: BUI THUY NGA - 84138 NGUYEN THI TUOI - 85453 LUU DINH TUAN NGHIA - 84179 LE KHANH UYEN - 85475 PHAM THI THUY LINH - 83738 LUU TUAN KHOI - 83573 CLASS: KTN60CL – N02 HẢI PHÒNG – 2022 Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 TABLE OF CONTENTS INTRODUCTION.5 CHAPTER 1: BUSINESS INFORMATION.8 CHAPTER 2: MARKET RESEARCH.1 Overview of Vietnamese Robusta coffee products entering the European market.2 Business market research .18 CHAPTER 3: BUSINESS PROJECT IMPLEMENTATION.Steps to make business plan coffee Robusta.Search and select the customer ……………………………………. Negotiation and signing of contract. Organization to perform the contract……………………………….The steps to perform marketing activities for products Robusta coffee. Proceed to promote products and partner search.32 CHAPTER 4: PROJECT ECONOMIC EFFICIENCY OF THE PROJECT.40 Downloaded by BINH NGUYEN (tailieuso.
Cost and revenue estimation.Efficiency of export activities….46 Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 ACRONYMS Meaning European Union EU EVFTA European-Vietnam Free Trade Agreement VAT Value-Added Tax L/C Letter of credit List of figures No Name Page 1.1 Phuc Sinh coffee product 7 1.2 Organizational chart of Phuc Sinh Joint Stock 8 Company.2 Average coffee consumption in some EU countries 16 2.3 Supply structure of coffee imported to the EU 17 market in 2019 3.1 Postcard gift of company 33 3.2 Ecommerce website Amazon 34 3.3 Fashion ecommerce Walmart 35 Downloaded by BINH NGUYEN (tailieuso.4 The Logo of the company 36 List of tables No Name Page 3.1 The number and price of Robusta coffee 23 3.3 Estimated budget for Marketing activities 39 4.1 Cost of raw materials 40 4.3 Export cost 41 Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 INTRODUCTION In recent decades, economic globalization has taken place at a rapid pace. One of the key achievements of globalization is the increasing attraction of businesses and people from all over the world to participate in the creation of value and prosperity for individuals and nations. These values and prosperity have created favorable conditions for Vietnam to accelerate the process of industrialization and modernization of the country as well as promote economic growth and attract foreign investment. Vietnam's WTO membership has created great opportunities for Vietnam's exports to the world, in which coffee is identified as one of the key commodities of strategic significance.
In recent years, Europe has been considered the most potential and coffee export market of Vietnam when the Eu-Vietnam Free Trade Agreement (EVFTA) was signed to create opportunities. This helps Vietnamese coffee producers easily access and expand export markets not only to the European Union but also to other markets. However, in the world export market, more and more new competitors are emerging as well as increasing competition among coffee exporting countries under the impact of trade liberalization. Meanwhile, in recent years, the export of coffee products has encountered many problems, significantly affecting Vietnam's ability Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 to produce and export this commodity as well as difficulties and barriers.
Barriers from importing countries are also a major challenge. Aware of all the potentials, opportunities and challenges of the industry, my team chose "Exporting Robusta coffee to the European market" as the research topic. The project consists of 4 chapters: Chapter 1: BUSINESS INFORMATION Chapter 2: TARGET MARKET RESEARCH Chapter 3: BUSINESS PROJECT IMPLEMENTATION Chapter 4: ESTIMATION OF PROJECT ECONOMIC EFFICIENCY OF THE PROJECT During the implementation of the project, despite receiving enthusiastic guidance from teachers, we still could not avoid shortcomings. Our team looks forward to receiving your comments so we can learn and improve.
Thank you! CHAPTER 1. Basic information Company name: PHUCSINH COFFEE CORPORATION Tax Identification Number: 3701437273 Address: 238 – 240 Vo Van Kiet, Cau Ong Lanh Ward, District 1, Ho Chi Minh City, Vietnam Year of establishment: 2001 Legal representative: Ms. Tuấn Tel: +(84) 274 3559 806 Fax: +(84) 274 3559 807 Email: office@phucsinhcoffee.com Website https://phucsinh.com/ Authorized capital: 21. Business activities Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 - Is a company that exports coffee, pepper and other agricultural products.
In particular, pepper ranks first in the Vietnamese market, while coffee exports are always in the Top 10 of the Vietnamese market. - Products are exported to more than 120 countries around the world such as France, Germany, Italy, USA, Russia, Middle East,. under the brands K Coffee and K Pepper. - Over 18 years of construction and development, thanks to persistently pursuing and implementing quality goals, putting TIN first, Phuc Sinh has constantly developed in terms of scale and operational efficiency, becoming a major agricultural exporter of Vietnam.
The company has continuously experienced stable growth in both revenue and consumption market. - Sales of the first 3 months after establishment only reached 225,000 USD. By 2007, export sales reached 46 million USD and in 2011 reached 145 million USD, by 2016 it had increased to 300 million USD. Each year, Phuc Sinh exports about 20,000 to 25,000 tons of pepper, accounting for 15% of Vietnam's pepper export market share and 8% of the world market share.
Phuc Ssinh's products always ensure quality as well as meet the increasing consumer demand of fastidious markets such as the US and Europe. In addition, this is 1 of the few businesses using modern business technology on exchanges.Products - Phuc Sinh top goal is to provide Robustan coffee products about clean coffee – pure coffee with lines of roasting, beans and instant. Therefore, always bring to consumers the most perfect products - Criteria of Phuc Sinh “DELICIOUS, 100% CLEAN. SPECIAL FOR HEALTH.
REMEMBER OF THE TAY NGUYEN” - Professional production team and rich experience in coffee field. - Using the latest technology and Unique know-how in the roasting-grinding field. - Ensure products are manufactured according to the criteria of UTZ Certified, TCVN. - Sustainable coffee growing material areas according to UTZ Certified standards.
Phuc Sinh coffee product:pure coffee, roasting coffee, instant coffee. Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 Figure 1. Phuc Sinh coffee product - Pure coffee is a type with 100% coffee beans, no additives, flavoring agents or fillers such as rice, burnt corn, black beans, soybeans,. - Pure coffee has a unique flavor and aroma according to different types, is not harmful to health and is more expensive than blended types.
- Roasting coffee purely milled, no additives, no preservatives - Instant coffee is a beverage derived from brewed coffee beans that enables people to quickly prepare hot coffee by adding hot water or milk to coffee solids. Capital Business registration capital: 60,000,000,000,000 VND Actual contributed capital: 65,000,000,000 VND 1. Organizational structure General Meeting of Shareholders Administrative Council General manager Vice president Vice president Vice president Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 Technical Purchasing departmen t Marketin Logistics Design Human Accouting Export g departme resource financial Departm nt department ent Figure 1. Organizational chart of Phuc Sinh Joint Stock Company.
- General Meeting of Shareholders: consists of all shareholders with voting rights, is the highest authority of the company, decides on issues prescribed by the Law and the company's charter. In particular, the General Meeting of Shareholders will approve the annual financial statements of the company, the financial budget for the next year, elect, remove and dismiss members of the Board of Directors, members of the Supervisory Board of the company,. - Board of Directors: Elected by the General Meeting of Shareholders, is the management body of the company to the interests of the company, except for matters under the authority of the General Meeting of Shareholders. The Board of Directors is responsible for overseeing the CEO and other managers.
Currently, the Board of Directors of the company has 05 members, each member's term of office shall not exceed 05 years. - Board of Directors: Responsible for the activities of the company. The authority of the Board of Directors is clearly demarcated. Manage and supervise most of the functions of the business, planning, making decisions related to the goals and interests of the company.
The composition of the Board of Directors includes the General Director, 2 Deputy General Directors and the Chief Financial Officer. -Design department: Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 Professional design team is well trained to research the market to find the right product model for the target market. Coordinating with technical department to ensure vocational training to carry out production of ordered product samples. - Raw material purchasing department: Tracking and synthesizing the demand for purchasing raw materials, products and other resources at the best prices, in order to ensure that production and business activities and daily activities of enterprises take place smoothly.
smooth way; handle the accounting documents and procedures related to the purchase, as well as ensure the purchase process is done in accordance with the regulations of the business or organization. + Analysis of purchasing needs and capacity of suppliers; manage and maintain supplier relationships; purchasing and inventory control; quality control; ensure compliance with corporate purchasing policies; handle the accounting procedures related to the purchase +Building product structure: The sales department will build up the idea of the company's export product lines through studying market needs, product nature to life, etc. - Technical Management Department: + Research, consult, advise and propose solutions related to the following areas of the business: Management, administration and inspection of technical and technology related matters. The goal is to ensure the production schedule, plans and projects of the company.
-Processing management: + Ensure product compliance; training and supervising production workers; product improvement development; implementing and monitoring the quality management system; data analysis. + Implement company goals, ensure product quality, functions and operations of the whole department; propose quality assurance programs, policies and plans; formulating and establishing the company's quality processes, standards and specifications; manage, lead and guide QA staff to perform their roles well, -Logistics department: + Carry out customs declaration procedures for customs clearance Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 + Prepare necessary documents for export shipments. + Responsible for applying for permits, certificates, and inspections. + Performing services related to trucking, leasing, and relationships with carriers.
- Import-export department: + Import-Export Department is known as the department responsible for managing and controlling the entire supply chain activities in enterprises that have international trading activities. + Advise and assist the Board of Directors and General Director of the Corporation in the following areas: strategic orientation of export business activities of the company; organize and manage market work, find export markets for the company; formulating trader policies; Approach, negotiate and sign contracts Manage the implementation of import-export contracts. + Organize the management, delivery of goods, ensure on time according to the signed contract, and at the same time ensure that the goods comply with the prescribed regimes. -Marketing room: + Develop marketing plans, website to forecast product consumption markets, forecast product prices in the year and each specific time; coordinate with relevant professional units and departments, research and propose plans on product types, quality and consumption to ensure the consumption stage with the highest economic efficiency.
+ Researching market trends in terms of products, prices, distribution, customers, psychology and changing trends of consumers, after-sales policies, competitive products, competitors. Forecasting potential product consumption in the short and long term. + Supervising and managing market areas; Develop new product distribution channels. Monitor and manage market areas, assume the prime responsibility for implementing the construction and development of new distribution channels.
Coordinate capacity assessment of Distributors and distribution channels. Coordinating to propose solutions to improve the quality of the distribution channel system. Build and organize sample store activities, product introduction channels. Downloaded by BINH NGUYEN (tailieuso.com) lOMoARcPSD|38590726 -Administration - Human Resources Department: + Advising on the construction and organization of the apparatus; management and use of labor; salary and bonus work; draft regulations and regulations on management, labor, records and archives; domestic and foreign affairs.