TO THE ORDER OF BANK OF HCM VIETNA

Business Nature: Financial Institution (Bank)

Company Profile:

The Bank for Investment and Development of Vietnam (BIDV) is one of the largest state-owned commercial banks in Vietnam. The Ho Chi Minh City branch operates as a key financial hub, providing a comprehensive range of banking services including corporate lending, trade finance, foreign exchange, and investment advisory.

Business Classification:

Neither a factory nor a trading company. It is a financial service provider (Bank).

Note: The phrase TO THE ORDER OF BANK OF HCM VIETNA appearing on shipping documents (such as Bills of Lading) indicates that the bank is the consignee or the entity holding the title to the goods as collateral for a letter of credit or trade financing transaction. It does not imply that the bank is the manufacturer or the commercial trader of the goods.

TO THE ORDER OF BANK OF HCM VIETNAM is not a manufacturing company. This phrase is a standard banking term used in international trade and shipping documents (such as Bills of Lading). It indicates that the goods are consigned to the order of the bank, and the bank holds the title to the goods until the buyer fulfills the payment terms under a Letter of Credit or other financial arrangement.

Therefore, the bank does not produce or sell any commercial products. Its role is to provide financial services, including:

1. Trade Finance Services

2. Issuance of Letters of Credit

3. Processing of Import and Export Documents

4. Handling of Bills of Exchange

5. Banking and Credit Facilities for Businesses