Shipping Policy

What is the shipping policy when signing a purchase contract and sales contract with Vietnox using CIF, CFR? This is a common question asked by many customers when wanting to buy or sell goods with Vietnox. CIF and CFR are two common international shipping terms, which mean:

- CIF (Cost, Insurance and Freight): Cost, insurance and freight. Under this condition, the seller is responsible for delivering the goods on board the ship at the export port, and paying for shipping and insurance costs for the goods to arrive at the import port. The buyer is only responsible for paying the costs associated with importing the goods from port to destination. 

- CFR (Cost and Freight): Cost and freight. Under this condition, the seller is also responsible for delivering the goods on board the ship at the export port and paying for transportation costs to the import port. However, the seller is not responsible for insuring the goods. The buyer must purchase insurance for his or her own goods and pay the costs related to importing the goods from the port to the destination.

When signing purchase and sale contracts with Vietnox using CIF, CFR, customers need to note the following points:

- Clearly identify the export port and import port of the goods.

- Agreement on the price of the goods, including shipping and insurance costs (if any).

- Choose a reputable and trustworthy carrier to ensure the safety of goods.

- Check the condition of the goods upon receipt and carry out import procedures according to the provisions of law.

Vietnox is a company specializing in providing raw material solutions. We are committed to providing customers with high quality products, competitive prices and the best after-sales service. If you have any inquiries with us, please contact us for advice and support.