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In-depth guides to logistics, Incoterms and international trade payments

Practical guides written by GLG specialists for importers and exporters: choose the right delivery terms, payment method, documents and customs procedures from the start.

ICC

The 11 Incoterms® 2020 rules

Incoterms® 2020 are the International Chamber of Commerce (ICC) rules that allocate delivery obligations, costs and risk between seller and buyer. Choosing the wrong rule can leave a company paying charges it never priced in, losing control of transport, or carrying the risk of loss without insurance. This guide covers what the rules are, all 11 terms, what changed in 2020, how to choose, and the mistakes we see most often in Vietnamese import and export practice.

Incoterms® 2020: an in-depth guide to the 11 international trade rules

UCP 600 · URC 522

International trade payments

The payment term decides who carries the money risk at every stage of an export or import shipment. This guide explains each method from T/T and open account to documentary collections, letters of credit and guarantees, how they interact with Incoterms® rules and bills of lading, and the ICC rules, trade finance tools and Vietnamese practice that shape real transactions.

International Trade Payment Methods: How to Choose Safe Terms for Export and Import

Logistics guides

Need advice on delivery terms or documents for a specific shipment?

GLG specialists review your contract, Incoterms and document set before you sign with your trading partner.

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