Overview of vnm company and the process of collecting information for certicate of origin in aanz form

LIST OF ABBREVIATIONS Abbreviation Definition AANZ ASEAN-Australia-New Zealand CIP Carnage and Insurance Paid to CO C/O Certificate of Ongin DAP Delivered At Place EXW EX Works FCA F

FOREIGN TRADE UNIVERSITY SCHOOL OF ECONOMICS & INTERNATIONAL BUSINESS

INTERNATIONAL BUSINESS PRACTICE 1

Major: International Business OVERVIEW OF VNM COMPANY AND THE PROCESS OF COLLECTING INFORMATION FOR CERTICATE OF ORIGIN

TABLE OF CONTENTS

CHAPTER 1: OVERVIEW OEF VNM COMPANY 2

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1.4 Company structure and departments’ function

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CHAPTER 2: THE PROCESS OF COLLECTING

INFORMATION FOR CERTIFICATE OF ORIGIN IN AANZ

2.1 The significance of making CO document cscsssscsssscsssssssesssncnescsssnnsnseesssenenaes 12

"m9 cece -d1B 12 2.1.2 ¿U< U0-xi0ì13.07- 000 000.s::: ậaàđaiaiiiđiđdiđdđdđddddŸỶ3ŸẦỶẢỶ 12 PIN (002i 00099 15 ằa 12 2.1.2.2 Preferential Cs - c1 01120121 11211211111111 11111111011 11 11 E11 111 1111 01kg kh 12 2.1.3 The importance o£ CÔ 0 2211121111211 1211 1011112111211 2 0111111111111 111 1k1 key 12 2.1.4 The importance of collecting information for CO mm AANZ form - 13 2.2 Components of a CO document in VNM COMpany cssscsccsessescssnecsesesssenesceseaes 14 P000 3)0)01.1ii0iudiaiiaatiâadaâaiỶỶỶỶŸẢẢÝ 14 2.2.2 Commmerclal ÏnVOICG - i- c2 2011211211121 111 11111111211 111 11111111111 111111 1111 01H ng kg 14 2.2.3 PackIng ÌIst L2 0211112112211 1115115211511 11111111 5111k 5111k HH ưu 15 2.2.4 Customs declaration form (For exported øoođl) c ccccc St se 15

P si 00g aaaaaaadaiiiaaiaầaadtdiaaảảẢäẢÝẢẢ 16 2.2.6 Customs declaration (For imported goods) or VAT ImvolIce for inpufs 16 2.2.7 BIll of mat€T1a̧ - 0 2011211211111 151 12111111111 111 1111111 1111111 11111111 k TH Ea 16 P.9 ¿n0 si si TẢ 17

TABLE OF FIGURE AND TABLES

TABLE OF FIGURES

Figure 1.1: VNM7’s motion SySf€IM - 0 2 2012111211111 11 1111121111111 1 11111111 118111111 nhớ 2 FIigure I.2: VNM”s pedal - L2 201121121 1111111 1111111111111 111 1111111111 K TH KHE kg 3 i0) 6 00 da 3 Figure 1.4: VNM’s organizafional SfTuCfUT€ - - G12 2211211151121 1151211 1181111111 881 011 grkg 4 Figure 2.1: Search CO code on ecosys website 14

FIigure 2.2: Packing list of VNM cormpany cv 12112 2 1121119119116 x 11x 15 FIigure 2.3: VAT InvoIC€ ÍOT 11DUÍES Q01 20 211121121111 11111111111 101 1111 11111111111 kh kh 16 FIigure 2.4: BIll of materials for HB - Shifter Plate - VNM”s product - 17 FIgure 2.5: Manufacturmg process o£HB Shifter PÏafe 2c c2 s2 s2 18

TABLE OF TABLES

Table I.I: VNM Business Model Canvas L2 2c 211121122 222 11H H11 key 6 Table 1.2: VNM revenue SfafISEICS 0 120112111211 12 291111920151 115 kkcHxkrhườy 10 Table 2.1: Number of COs made in VNM m the period of 2023 - 2024 13

1.2 History and Development process

Established in 3rd September, 2020 with the beginning authorized capital is 5 billion Vietnamdong VNM Simulation stands at the forefront of cutting-edge simulation technology, driven by a visionary team of industry pioneers Founded and led by CEO

Mr Tran Van Hoan, along with the technical expertise of Mr Dam Phuéc Long — Co- founder and Technical Director, and the strategic insight of Mr Pham Van Minh — Co- founder We have established ourselves as a leading company specializing in the

INTRODUCTION

Having an opportunity to become an intern in VNM company, within the International Business Practice | course During 4 weeks in internship period, I had the chance to observe company activities, complete tasks in relevant area and apply my theoretical knowledge According to the course’s requirements, I will provide company’s information and statistics to analyze and review business operations For a manufacturer involving in exporting activities, Certificate of Origin plays an important role for the importing company (customers) and it is suitable for a freshman to take the first step in a profession working environment

Certificate of Origin helps the importing company also known as customers to achieve tax reduction and tariff relief or even becomes an indispensable part of an export document

In VNM company, whenever there are purchase orders from Australia, India and Italy; customers will require them to apply for CO The process of collecting information for

CO in VNM company takes about 2 or 3 days to complete because of an enormous number of documents Whether an CO is approved on time or not will affect the company’s image on customers’ eyes

These are the reasons why I choose “OVERVIEW OF VNM COMPANY AND THE

PROCESS OF COLLECTING INFORMATION FOR CERTIFICATE OF ORIGIN IN

AANZ FORM” as my report’s topic Because of the report boundaries and available resources, I will focus only on CO in AANZ form for Australian customers The report has two chapters:

Chapter 1: Overview of VNM Company

Chapter 2: The process of collecting information for Certificate of Origin in AANZ form

TABLE OF FIGURE AND TABLES

TABLE OF FIGURES

Figure 1.1: VNM7’s motion SySf€IM - 0 2 2012111211111 11 1111121111111 1 11111111 118111111 nhớ 2 FIigure I.2: VNM”s pedal - L2 201121121 1111111 1111111111111 111 1111111111 K TH KHE kg 3 i0) 6 00 da 3 Figure 1.4: VNM’s organizafional SfTuCfUT€ - - G12 2211211151121 1151211 1181111111 881 011 grkg 4 Figure 2.1: Search CO code on ecosys website 14

FIigure 2.2: Packing list of VNM cormpany cv 12112 2 1121119119116 x 11x 15 FIigure 2.3: VAT InvoIC€ ÍOT 11DUÍES Q01 20 211121121111 11111111111 101 1111 11111111111 kh kh 16 FIigure 2.4: BIll of materials for HB - Shifter Plate - VNM”s product - 17 FIgure 2.5: Manufacturmg process o£HB Shifter PÏafe 2c c2 s2 s2 18

TABLE OF TABLES

Table I.I: VNM Business Model Canvas L2 2c 211121122 222 11H H11 key 6 Table 1.2: VNM revenue SfafISEICS 0 120112111211 12 291111920151 115 kkcHxkrhườy 10 Table 2.1: Number of COs made in VNM m the period of 2023 - 2024 13

TABLE OF FIGURE AND TABLES

TABLE OF FIGURES

Figure 1.1: VNM7’s motion SySf€IM - 0 2 2012111211111 11 1111121111111 1 11111111 118111111 nhớ 2 FIigure I.2: VNM”s pedal - L2 201121121 1111111 1111111111111 111 1111111111 K TH KHE kg 3 i0) 6 00 da 3 Figure 1.4: VNM’s organizafional SfTuCfUT€ - - G12 2211211151121 1151211 1181111111 881 011 grkg 4 Figure 2.1: Search CO code on ecosys website 14

FIigure 2.2: Packing list of VNM cormpany cv 12112 2 1121119119116 x 11x 15 FIigure 2.3: VAT InvoIC€ ÍOT 11DUÍES Q01 20 211121121111 11111111111 101 1111 11111111111 kh kh 16 FIigure 2.4: BIll of materials for HB - Shifter Plate - VNM”s product - 17 FIgure 2.5: Manufacturmg process o£HB Shifter PÏafe 2c c2 s2 s2 18

TABLE OF TABLES

Table I.I: VNM Business Model Canvas L2 2c 211121122 222 11H H11 key 6 Table 1.2: VNM revenue SfafISEICS 0 120112111211 12 291111920151 115 kkcHxkrhườy 10 Table 2.1: Number of COs made in VNM m the period of 2023 - 2024 13

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong

development and manufacturing of advanced simulation technologies (VNM SIMULATION , JSC, 2020)

In the blooming period of the Covid-19 pandemic, the company faces a lot of problems and difficulties because of its immature in operation and fierce competition from reputational company in the world Though being led and operated mainly by a very young generation from directors to workers, who work with a big passion and enthusiasm, VNM company got over the pandemic and gained many new achievements not only from company size but also from revenue and products Revenue from 500 to 700 million Vietnam Dong per year now reach 16 to 20 billion in 2024 Began with just 4 leading people, now company size reaches 30 people, official workers and interns in total VNM

also reach a new milestone in production scale from 40m? to nearly 600m’ The final

products have also been enriched and improved from only 2 goods to more than 50 goods for exporting and distributing

1.3 Business philosophy and mission statement

Our product range includes high-quality racing simulators and motion platforms designed

to provide users with an immersive and realistic experience

At VNM Simulation, we pride ourselves on our state-of-the-art facilities and a team of skilled professionals dedicated to pushing the boundaries of simulation technology Our products cater to various industries, including gaming, automotive, and virtual reality traming We prioritize customer satisfaction, ensuring that our simulation devices meet the highest standards of performance, durability, and technological advancement Discover the future of simulation technology with VNM Simulation, where expertise, innovation, and passion converge to redefine the possibilities of virtual experiences

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong

development and manufacturing of advanced simulation technologies (VNM SIMULATION , JSC, 2020)

In the blooming period of the Covid-19 pandemic, the company faces a lot of problems and difficulties because of its immature in operation and fierce competition from reputational company in the world Though being led and operated mainly by a very young generation from directors to workers, who work with a big passion and enthusiasm, VNM company got over the pandemic and gained many new achievements not only from company size but also from revenue and products Revenue from 500 to 700 million Vietnam Dong per year now reach 16 to 20 billion in 2024 Began with just 4 leading people, now company size reaches 30 people, official workers and interns in total VNM

also reach a new milestone in production scale from 40m? to nearly 600m’ The final

products have also been enriched and improved from only 2 goods to more than 50 goods for exporting and distributing

1.3 Business philosophy and mission statement

Our product range includes high-quality racing simulators and motion platforms designed

to provide users with an immersive and realistic experience

At VNM Simulation, we pride ourselves on our state-of-the-art facilities and a team of skilled professionals dedicated to pushing the boundaries of simulation technology Our products cater to various industries, including gaming, automotive, and virtual reality traming We prioritize customer satisfaction, ensuring that our simulation devices meet the highest standards of performance, durability, and technological advancement Discover the future of simulation technology with VNM Simulation, where expertise, innovation, and passion converge to redefine the possibilities of virtual experiences

1.2 History and Development process

Established in 3rd September, 2020 with the beginning authorized capital is 5 billion Vietnamdong VNM Simulation stands at the forefront of cutting-edge simulation technology, driven by a visionary team of industry pioneers Founded and led by CEO

Mr Tran Van Hoan, along with the technical expertise of Mr Dam Phuéc Long — Co- founder and Technical Director, and the strategic insight of Mr Pham Van Minh — Co- founder We have established ourselves as a leading company specializing in the

TABLE OF FIGURE AND TABLES

TABLE OF FIGURES

Figure 1.1: VNM7’s motion SySf€IM - 0 2 2012111211111 11 1111121111111 1 11111111 118111111 nhớ 2 FIigure I.2: VNM”s pedal - L2 201121121 1111111 1111111111111 111 1111111111 K TH KHE kg 3 i0) 6 00 da 3 Figure 1.4: VNM’s organizafional SfTuCfUT€ - - G12 2211211151121 1151211 1181111111 881 011 grkg 4 Figure 2.1: Search CO code on ecosys website 14

FIigure 2.2: Packing list of VNM cormpany cv 12112 2 1121119119116 x 11x 15 FIigure 2.3: VAT InvoIC€ ÍOT 11DUÍES Q01 20 211121121111 11111111111 101 1111 11111111111 kh kh 16 FIigure 2.4: BIll of materials for HB - Shifter Plate - VNM”s product - 17 FIgure 2.5: Manufacturmg process o£HB Shifter PÏafe 2c c2 s2 s2 18

TABLE OF TABLES

Table I.I: VNM Business Model Canvas L2 2c 211121122 222 11H H11 key 6 Table 1.2: VNM revenue SfafISEICS 0 120112111211 12 291111920151 115 kkcHxkrhườy 10 Table 2.1: Number of COs made in VNM m the period of 2023 - 2024 13

Accounting department

Accountants will record daily transaction for business They receive the request to buy new materials for manufacturing then they start to check with the inventory report to create a complete order list When items are delivered or imported to company, accountants will pay for suppliers and record all transactions and number of goods shipped In VNM company, accountants use Pisa accounting website to assist them with the recording process Besides some distinct activities occurred only in this type of business, accounting function also conducts their common responsibilities

Business development department

This department is in charge of import — export operation task In my internship, I have the opportunity to work im this function with the instruction by Mrs Linh — head of business development department Because of company’s scale and vision, this department involves in preparing an initial documentation to export or to apply for CO For the next steps, they hire some specialized service companies to check the accuracy others of their papers, correct the mistaken information and submit the final official and proper documentation to the authority Business development department is also in charge

of forming an import — export document which includes: contracts, purchase order (PO), commercial invoice, packing list, customs declaration, shipping label, VAT invoice, CO, bank statement

During my internship, I had a chance to learn new knowledge, gain experience, take a closer look into an import - export document and discover every detail of that document Then I also had the opportunity to form a bill of material used to apply for CO

CHAPTER 1: OVERVIEW OF VNM COMPANY

1.1 General information

Global name: VNM SIMULATION EQUIPMENT JOINT STOCK COMPANY (VNM

SIMULATION.,JSC)

Vietnamese name: Công ty cô phan thiét bi mé phong VNM

Head office address: N.55 Binh Doan 12Area, Dai Mo road, Nam Tu Liem district, Hanoi, Vietnam

Tax code: 0109329096

Date of establishment: 2020 — 09 - 03

Representative: Mr Tran Van Hoan — Director

Official website: https://vnmsimulation.com/

Email: sale@vnmsimulation.com

Phone number: +84979068468

Business area: Manufactures simulation driving products for PC (Sim Racing Simulation) Main products: VNM Motion System, VNM Pedals, VNM Handbrake, VNM Shifter Plate, VNM Buttton Box

Figure 1.1: VNM’s motion system

Source: VNM

development and manufacturing of advanced simulation technologies (VNM SIMULATION , JSC, 2020)

In the blooming period of the Covid-19 pandemic, the company faces a lot of problems and difficulties because of its immature in operation and fierce competition from reputational company in the world Though being led and operated mainly by a very young generation from directors to workers, who work with a big passion and enthusiasm, VNM company got over the pandemic and gained many new achievements not only from company size but also from revenue and products Revenue from 500 to 700 million Vietnam Dong per year now reach 16 to 20 billion in 2024 Began with just 4 leading people, now company size reaches 30 people, official workers and interns in total VNM

also reach a new milestone in production scale from 40m? to nearly 600m’ The final

products have also been enriched and improved from only 2 goods to more than 50 goods for exporting and distributing

1.3 Business philosophy and mission statement

Our product range includes high-quality racing simulators and motion platforms designed

to provide users with an immersive and realistic experience

At VNM Simulation, we pride ourselves on our state-of-the-art facilities and a team of skilled professionals dedicated to pushing the boundaries of simulation technology Our products cater to various industries, including gaming, automotive, and virtual reality traming We prioritize customer satisfaction, ensuring that our simulation devices meet the highest standards of performance, durability, and technological advancement Discover the future of simulation technology with VNM Simulation, where expertise, innovation, and passion converge to redefine the possibilities of virtual experiences

Accounting department

Accountants will record daily transaction for business They receive the request to buy new materials for manufacturing then they start to check with the inventory report to create a complete order list When items are delivered or imported to company, accountants will pay for suppliers and record all transactions and number of goods shipped In VNM company, accountants use Pisa accounting website to assist them with the recording process Besides some distinct activities occurred only in this type of business, accounting function also conducts their common responsibilities

Business development department

This department is in charge of import — export operation task In my internship, I have the opportunity to work im this function with the instruction by Mrs Linh — head of business development department Because of company’s scale and vision, this department involves in preparing an initial documentation to export or to apply for CO For the next steps, they hire some specialized service companies to check the accuracy others of their papers, correct the mistaken information and submit the final official and proper documentation to the authority Business development department is also in charge

of forming an import — export document which includes: contracts, purchase order (PO), commercial invoice, packing list, customs declaration, shipping label, VAT invoice, CO, bank statement

During my internship, I had a chance to learn new knowledge, gain experience, take a closer look into an import - export document and discover every detail of that document Then I also had the opportunity to form a bill of material used to apply for CO

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong

TABLE OF FIGURE AND TABLES

TABLE OF FIGURES

Figure 1.1: VNM7’s motion SySf€IM - 0 2 2012111211111 11 1111121111111 1 11111111 118111111 nhớ 2 FIigure I.2: VNM”s pedal - L2 201121121 1111111 1111111111111 111 1111111111 K TH KHE kg 3 i0) 6 00 da 3 Figure 1.4: VNM’s organizafional SfTuCfUT€ - - G12 2211211151121 1151211 1181111111 881 011 grkg 4 Figure 2.1: Search CO code on ecosys website 14

FIigure 2.2: Packing list of VNM cormpany cv 12112 2 1121119119116 x 11x 15 FIigure 2.3: VAT InvoIC€ ÍOT 11DUÍES Q01 20 211121121111 11111111111 101 1111 11111111111 kh kh 16 FIigure 2.4: BIll of materials for HB - Shifter Plate - VNM”s product - 17 FIgure 2.5: Manufacturmg process o£HB Shifter PÏafe 2c c2 s2 s2 18

TABLE OF TABLES

Table I.I: VNM Business Model Canvas L2 2c 211121122 222 11H H11 key 6 Table 1.2: VNM revenue SfafISEICS 0 120112111211 12 291111920151 115 kkcHxkrhườy 10 Table 2.1: Number of COs made in VNM m the period of 2023 - 2024 13

CHAPTER 1: OVERVIEW OF VNM COMPANY

1.1 General information

Global name: VNM SIMULATION EQUIPMENT JOINT STOCK COMPANY (VNM

SIMULATION.,JSC)

Vietnamese name: Công ty cô phan thiét bi mé phong VNM

Head office address: N.55 Binh Doan 12Area, Dai Mo road, Nam Tu Liem district, Hanoi, Vietnam

Tax code: 0109329096

Date of establishment: 2020 — 09 - 03

Representative: Mr Tran Van Hoan — Director

Official website: https://vnmsimulation.com/

Email: sale@vnmsimulation.com

Phone number: +84979068468

Business area: Manufactures simulation driving products for PC (Sim Racing Simulation) Main products: VNM Motion System, VNM Pedals, VNM Handbrake, VNM Shifter Plate, VNM Buttton Box

Figure 1.1: VNM’s motion system

Source: VNM

Accounting department

Accountants will record daily transaction for business They receive the request to buy new materials for manufacturing then they start to check with the inventory report to create a complete order list When items are delivered or imported to company, accountants will pay for suppliers and record all transactions and number of goods shipped In VNM company, accountants use Pisa accounting website to assist them with the recording process Besides some distinct activities occurred only in this type of business, accounting function also conducts their common responsibilities

Business development department

This department is in charge of import — export operation task In my internship, I have the opportunity to work im this function with the instruction by Mrs Linh — head of business development department Because of company’s scale and vision, this department involves in preparing an initial documentation to export or to apply for CO For the next steps, they hire some specialized service companies to check the accuracy others of their papers, correct the mistaken information and submit the final official and proper documentation to the authority Business development department is also in charge

of forming an import — export document which includes: contracts, purchase order (PO), commercial invoice, packing list, customs declaration, shipping label, VAT invoice, CO, bank statement

During my internship, I had a chance to learn new knowledge, gain experience, take a closer look into an import - export document and discover every detail of that document Then I also had the opportunity to form a bill of material used to apply for CO

Accounting department

Accountants will record daily transaction for business They receive the request to buy new materials for manufacturing then they start to check with the inventory report to create a complete order list When items are delivered or imported to company, accountants will pay for suppliers and record all transactions and number of goods shipped In VNM company, accountants use Pisa accounting website to assist them with the recording process Besides some distinct activities occurred only in this type of business, accounting function also conducts their common responsibilities

Business development department

This department is in charge of import — export operation task In my internship, I have the opportunity to work im this function with the instruction by Mrs Linh — head of business development department Because of company’s scale and vision, this department involves in preparing an initial documentation to export or to apply for CO For the next steps, they hire some specialized service companies to check the accuracy others of their papers, correct the mistaken information and submit the final official and proper documentation to the authority Business development department is also in charge

of forming an import — export document which includes: contracts, purchase order (PO), commercial invoice, packing list, customs declaration, shipping label, VAT invoice, CO, bank statement

During my internship, I had a chance to learn new knowledge, gain experience, take a closer look into an import - export document and discover every detail of that document Then I also had the opportunity to form a bill of material used to apply for CO

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong

TABLE OF FIGURE AND TABLES

TABLE OF FIGURES

Figure 1.1: VNM7’s motion SySf€IM - 0 2 2012111211111 11 1111121111111 1 11111111 118111111 nhớ 2 FIigure I.2: VNM”s pedal - L2 201121121 1111111 1111111111111 111 1111111111 K TH KHE kg 3 i0) 6 00 da 3 Figure 1.4: VNM’s organizafional SfTuCfUT€ - - G12 2211211151121 1151211 1181111111 881 011 grkg 4 Figure 2.1: Search CO code on ecosys website 14

FIigure 2.2: Packing list of VNM cormpany cv 12112 2 1121119119116 x 11x 15 FIigure 2.3: VAT InvoIC€ ÍOT 11DUÍES Q01 20 211121121111 11111111111 101 1111 11111111111 kh kh 16 FIigure 2.4: BIll of materials for HB - Shifter Plate - VNM”s product - 17 FIgure 2.5: Manufacturmg process o£HB Shifter PÏafe 2c c2 s2 s2 18

TABLE OF TABLES

Table I.I: VNM Business Model Canvas L2 2c 211121122 222 11H H11 key 6 Table 1.2: VNM revenue SfafISEICS 0 120112111211 12 291111920151 115 kkcHxkrhườy 10 Table 2.1: Number of COs made in VNM m the period of 2023 - 2024 13

TABLE OF FIGURE AND TABLES

TABLE OF FIGURES

Figure 1.1: VNM7’s motion SySf€IM - 0 2 2012111211111 11 1111121111111 1 11111111 118111111 nhớ 2 FIigure I.2: VNM”s pedal - L2 201121121 1111111 1111111111111 111 1111111111 K TH KHE kg 3 i0) 6 00 da 3 Figure 1.4: VNM’s organizafional SfTuCfUT€ - - G12 2211211151121 1151211 1181111111 881 011 grkg 4 Figure 2.1: Search CO code on ecosys website 14

FIigure 2.2: Packing list of VNM cormpany cv 12112 2 1121119119116 x 11x 15 FIigure 2.3: VAT InvoIC€ ÍOT 11DUÍES Q01 20 211121121111 11111111111 101 1111 11111111111 kh kh 16 FIigure 2.4: BIll of materials for HB - Shifter Plate - VNM”s product - 17 FIgure 2.5: Manufacturmg process o£HB Shifter PÏafe 2c c2 s2 s2 18

TABLE OF TABLES

Table I.I: VNM Business Model Canvas L2 2c 211121122 222 11H H11 key 6 Table 1.2: VNM revenue SfafISEICS 0 120112111211 12 291111920151 115 kkcHxkrhườy 10 Table 2.1: Number of COs made in VNM m the period of 2023 - 2024 13

Accounting department

Accountants will record daily transaction for business They receive the request to buy new materials for manufacturing then they start to check with the inventory report to create a complete order list When items are delivered or imported to company, accountants will pay for suppliers and record all transactions and number of goods shipped In VNM company, accountants use Pisa accounting website to assist them with the recording process Besides some distinct activities occurred only in this type of business, accounting function also conducts their common responsibilities

Business development department

This department is in charge of import — export operation task In my internship, I have the opportunity to work im this function with the instruction by Mrs Linh — head of business development department Because of company’s scale and vision, this department involves in preparing an initial documentation to export or to apply for CO For the next steps, they hire some specialized service companies to check the accuracy others of their papers, correct the mistaken information and submit the final official and proper documentation to the authority Business development department is also in charge

of forming an import — export document which includes: contracts, purchase order (PO), commercial invoice, packing list, customs declaration, shipping label, VAT invoice, CO, bank statement

During my internship, I had a chance to learn new knowledge, gain experience, take a closer look into an import - export document and discover every detail of that document Then I also had the opportunity to form a bill of material used to apply for CO

development and manufacturing of advanced simulation technologies (VNM SIMULATION , JSC, 2020)

In the blooming period of the Covid-19 pandemic, the company faces a lot of problems and difficulties because of its immature in operation and fierce competition from reputational company in the world Though being led and operated mainly by a very young generation from directors to workers, who work with a big passion and enthusiasm, VNM company got over the pandemic and gained many new achievements not only from company size but also from revenue and products Revenue from 500 to 700 million Vietnam Dong per year now reach 16 to 20 billion in 2024 Began with just 4 leading people, now company size reaches 30 people, official workers and interns in total VNM

also reach a new milestone in production scale from 40m? to nearly 600m’ The final

products have also been enriched and improved from only 2 goods to more than 50 goods for exporting and distributing

1.3 Business philosophy and mission statement

Our product range includes high-quality racing simulators and motion platforms designed

to provide users with an immersive and realistic experience

At VNM Simulation, we pride ourselves on our state-of-the-art facilities and a team of skilled professionals dedicated to pushing the boundaries of simulation technology Our products cater to various industries, including gaming, automotive, and virtual reality traming We prioritize customer satisfaction, ensuring that our simulation devices meet the highest standards of performance, durability, and technological advancement Discover the future of simulation technology with VNM Simulation, where expertise, innovation, and passion converge to redefine the possibilities of virtual experiences

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

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INTRODUCTION

Having an opportunity to become an intern in VNM company, within the International Business Practice | course During 4 weeks in internship period, I had the chance to observe company activities, complete tasks in relevant area and apply my theoretical knowledge According to the course’s requirements, I will provide company’s information and statistics to analyze and review business operations For a manufacturer involving in exporting activities, Certificate of Origin plays an important role for the importing company (customers) and it is suitable for a freshman to take the first step in a profession working environment

Certificate of Origin helps the importing company also known as customers to achieve tax reduction and tariff relief or even becomes an indispensable part of an export document

In VNM company, whenever there are purchase orders from Australia, India and Italy; customers will require them to apply for CO The process of collecting information for

CO in VNM company takes about 2 or 3 days to complete because of an enormous number of documents Whether an CO is approved on time or not will affect the company’s image on customers’ eyes

These are the reasons why I choose “OVERVIEW OF VNM COMPANY AND THE

PROCESS OF COLLECTING INFORMATION FOR CERTIFICATE OF ORIGIN IN

AANZ FORM” as my report’s topic Because of the report boundaries and available resources, I will focus only on CO in AANZ form for Australian customers The report has two chapters:

Chapter 1: Overview of VNM Company

Chapter 2: The process of collecting information for Certificate of Origin in AANZ form

1.2 History and Development process

Established in 3rd September, 2020 with the beginning authorized capital is 5 billion Vietnamdong VNM Simulation stands at the forefront of cutting-edge simulation technology, driven by a visionary team of industry pioneers Founded and led by CEO

Mr Tran Van Hoan, along with the technical expertise of Mr Dam Phuéc Long — Co- founder and Technical Director, and the strategic insight of Mr Pham Van Minh — Co- founder We have established ourselves as a leading company specializing in the

1.2 History and Development process

Established in 3rd September, 2020 with the beginning authorized capital is 5 billion Vietnamdong VNM Simulation stands at the forefront of cutting-edge simulation technology, driven by a visionary team of industry pioneers Founded and led by CEO

Mr Tran Van Hoan, along with the technical expertise of Mr Dam Phuéc Long — Co- founder and Technical Director, and the strategic insight of Mr Pham Van Minh — Co- founder We have established ourselves as a leading company specializing in the

CHAPTER 1: OVERVIEW OF VNM COMPANY

1.1 General information

Global name: VNM SIMULATION EQUIPMENT JOINT STOCK COMPANY (VNM

SIMULATION.,JSC)

Vietnamese name: Công ty cô phan thiét bi mé phong VNM

Head office address: N.55 Binh Doan 12Area, Dai Mo road, Nam Tu Liem district, Hanoi, Vietnam

Tax code: 0109329096

Date of establishment: 2020 — 09 - 03

Representative: Mr Tran Van Hoan — Director

Official website: https://vnmsimulation.com/

Email: sale@vnmsimulation.com

Phone number: +84979068468

Business area: Manufactures simulation driving products for PC (Sim Racing Simulation) Main products: VNM Motion System, VNM Pedals, VNM Handbrake, VNM Shifter Plate, VNM Buttton Box

Figure 1.1: VNM’s motion system

Source: VNM

LIST OF ABBREVIATIONS

Abbreviation Definition

AANZ ASEAN-Australia-New Zealand

CIP Carnage and Insurance Paid to

CO (C/O) Certificate of Ongin

DAP Delivered At Place EXW EX Works FCA Free Carrier

HS Harmonized System

PO Purchase Order R&D Research and Development VAT Value Added Tax VND Vietnam Dong