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MODULE 2-3

Intensive analysis & effective use of Incoterms 2020

TABLE OF CONTENTS

    1. PART 1: THEORY PART (50%)

    • Definition, General Introduction, Structure of Incoterms 2020;
    • Division of Risk, Cost and Responsibility between Exporter and Importer in 11 terms of Incoterms 2020;
    • How to choose a suitable term in international transaction;
    • Advantages and disadvantages of each term: Tips for exporters and importers;
    • Comparison of legal effect between contracts and Incoterms;
    • 05 Case-study of dispute related to Incoterms in international trade;
    • How to choose suitable sales term as per customers/suppliers’ request;
    • How to convert a sales term to the other one.

    2. PART 2: PRACTICE PART (50%)

    • To combine Incoterms with payment terms;
    • To apply to build selling price/sale conditions;
    • To use Incoterms to work well with carriers;
    • To use Incoterms to draft Contracts with favorable terms;
    • To calculate and quote the selling price under each Incoterms condition;

    3. PART 3: SOFT FILES USED FOR WORKING

    • A Summary of all Terms in an easy-to-understand manner;
    • Summary diagram with specific illustrations;
    • A summary of use cases for each type of business;
    • An Excel file to calculate the selling price according to each Incoterms condition;

    4. PART 4: A TEST IN THE END EACH MODULE

    LE SAI GON
    Master of Business Administration

    During lecturing time, I prefer to share about the mistakes I've made in working. Regarding to the right things, books will teach you those.

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