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Business TypeManufacturer, Trading Company, Distributor/Wholesaler
Main MarketsNorth America South America Eastern Europe Southeast Asia Af
Product/ServiceRice, Soybeans, Mung Beans, sesame seed, Fertilizer
Business OwnerMr. Thoi P
Employees11 - 50 People

Company Introduction

1. Commodity: long grain white rice 5% , 10% , 15% . 25% broken.
2. Specifications:
Moisture14. 5 pct max
Foreign matter 0. 3 pct max
Chalky kernels8. 0 pct max
Damaged kernels2. 0 pct max
Red kernel / Red sreaked kernel5. 0 pct max
Yellow kernel2. 0 pct max
Paddy grain30 grains / KG max
Glutinous rice1. 0 pct max
Average Length of grain6. 0 mm min
Milling degreeWell milled & double polished
Here are the following info: COMMODITY: Long grain white rice 5% , 10% , 15% , 25% .
ORIGIN: Vietnam
DELIVERY: FOB Only (will Guide shipping company)
PAYMENT: Irrevocable, Confirmed, Transferable and Divisible Stand-by Letter of Credit
PB 2% Performance Bond of the Contract, Issued by Seller's Bank
1. Buyer issues LOI + BCL.
2. Seller issues FCO.
3. Buyer returns FCO duly signed and sealed.
4. Seller issues Draft Contract in favor of the Buyer.
5. Buyer returns the Draft Contract by exchanging it by email attachment, duly
signed and sealed within 3 banking days. The signed & sealed draft copy
will be deemed legal until hard copies exchanged.
6. Seller sends 06 (six) Hard Copies duly signed & sealed. Buyer will duly
sign & seal all copies and return back 04 (four) copies to the Seller. This will
not delay the buyer in issuing letter of credit.
7. Buyer's Bank issues to Seller's Bank Irrevocable, Non-Operative,
Transferable And Confirmed Stand-By Letter Of Credit as required
under the terms and conditions of this contract.
8. Seller's bank will issue to the Buyer Certificate Of Allocation, upon
receiving banking instrument Opening Pre-Advice.
9. Within 05 (five) days of confirmation of letter of credit, seller provides 2%
Performance Bond which activates buyers non-operative letter of credit.
10. Delivery And Shipment commence as per schedule mutually agreed.

Contact Information

Contact PersonMr. Thoi Phung Ngo
Fax Number1-714-530-2012
Post Code92843
Address13862 A Better Way suite 8E, Garden Grove, California, United St
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