Course: English for Specific Purpose 3

International Business and Economics

ESP231

Instructor: Hoàng Huệ Chi, MSc in Management in Switzerland (2012)

Doctorate in Business Administration (DBA) in France (2021)

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 1

Course objectives
1. Về chuyên môn: từ vựng, cách lựa chọn và sử dụng các thuật ngữ chuyên
môn thuộc chuyên ngành Kinh tế và Kinh doanh Quốc tế.
2. Các kỹ năng Nghe, Nói, Đọc, Viết Tiếng Anh thành thạo giúp sinh viên tự tin
làm việc trong môi trường Kinh tế và Kinh doanh Quốc tế, đọc hiểu các bài
báo, bài nghiên cứu và tin tức liên quan đến ngành nghề chuyên môn, có thể
làm việc theo nhóm, thu thập thông tin, tổng hợp tài liệu, phân tích dữ liệu,
thảo luận và thuyết trình bằng Tiếng Anh các chủ đề thuộc chuyên ngành
Kinh tế và Kinh doanh Quốc tế.

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 2

Course materials

(Cập nhật sách mới)

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 3

Course structure
Course length: 20 classes Course content: 10 units

Unit 1: Introduction to international business

Unit 2: International trade
Unit 3: International trade policy
Unit 4: Foreign Direct Investment
Unit 5: Foreign Exchange
Unit 6: Payment methods in international trade
Unit 7: Marketing
Unit 8: Logistics and transportation
Unit 9: Insurance
Unit 10: Taxation
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 4
Course assessment
Grading Procedure: Students are required to arrive on time
1. Participation & Attendance 10% and attend all scheduled classes, to
complete all assignments by the due
2. Midterm (30%): Presentation 50%
date, and to actively participate in class
Exam 50% discussions. Students are responsible for
3. Final exam 60% knowing missed materials.

TOTAL 100%
Students who accumulate 6 absences are
jeopardizing their good standing
and are in danger of failing.
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 5
Mid-term and End-terms
1. Mid-term:
Presentation: Trình bày nhóm (50%) - Thực hiện thuyết trình nhóm vào các
buổi học trên lớp.
Exam: Bài kiểm tra viết (50%) gồm
1 bài điền 6-8 thuật ngữ (3 điểm)
3 câu hỏi lý thuyết dạng mở (3 điểm)
1 bài luận (4 điểm)
2. End-term: 1 bài điền 6-8 thuật ngữ (3 điểm)
3 câu hỏi lý thuyết dạng mở (3 điểm)
1 bài luận (4 điểm)
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 6
 Unit 8: Logistics
and transportation
Please watch
and take a
note of the
key points.
History of
shipping

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 7

 Unit 8: Logistics
and transportation
Vocabulary - Match these terms with their definitions.
a. It encompasses the planning and management of all activities involved in sourcing
and procurement, conversion, and all logistics management activities. Supply chain
management
b. It is the process of planning, implementing and controlling the flow and storage of
goods, which aims at ensuring that the right product will be in the right place at the
right time in the most cost efficient way based on customers’ needs. Logistics
c. It comprises sea lanes that link up ports, with connecting services provided by
other actors in the shipping industry, involving a number of commercial activities,
including the provision of infrastructure, the operation of vehicles, and the
management of organizational systems such as enterprise resource planning, which is
an information system that integrates all the operations and related applications for
an entire enterprise. Shipping network
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 8
 Unit 8: Logistics
and transportation
Please watch
and take a
note of the
key points.
Supply chain
management

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 9

Unit 8: Logistics
and transportation
What’s The Difference Between Logistics And Supply Chain Management?

Supply Chain Management Logistics

True supply chain management is It is mainly about movement and
heavy on collaboration with transportation of products as well as
suppliers, third party service management of inventory and
providers and channel partners. warehousing. Logistics activities include
It looks at the whole supply chain transportation management, inventory
process from start to finish, both management, order fulfillment, packaging
internally and externally. and distribution of goods and services.
Logistics is a core component of successful supply chain management.
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 10
 Unit 8: Logistics
and transportation
Please
watch and
take a note
of the key
points.
Inbound
and
outbound
logistics

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 11

 Unit 8: Logistics
and transportation
Please
watch and
take a note
of the key
points.
Reverse
logistics

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 12

 Unit 8: Logistics
and transportation
Vocabulary - Match these terms with their definitions.
d. It involves three key components that are used for the movement of goods, with
nodes linking them together:
1. fixed infrastructure such as ports or terminals;
2. vehicles such as ships or barges using the fixed infrastructure to move cargoes;
3. organizational systems necessary to ensure that the vehicles and the fixed
infrastructure are used effectively and efficiently.
Transport system
e. The ability to rapidly and cost effectively adapt to market changes with no
significant negative impact on quality or dependability. Agility
f. Product which has been ordered by a customer but out of stock and promised to
ship when the product becomes available. Back Order
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 13
 Unit 8: Logistics
and transportation
Vocabulary - Match these terms with their definitions.
g. A symbol consisting of a series of printed bars representing values. A system of
optical character reading, scanning, and tracking of units by reading a series of
printed bars for translation into a numeric or alphanumeric identification code. A
popular example is the UPC code used on retail packaging. Bar code
h. It should be understood, defined, and measured for each level in the organization
to include market segments, products, processes, activities, and resources. In each of
these applications, it is defined in a hierarchy of idle, non-productive, and productive
views. Capacity management
i. A measure of the total carbon emissions for a given person, organization, building,
operation etc. and the impact their carbon emissions have on the environment by
relating the amount of greenhouse gases produced to such activities as burning fossil
fuels for electricity, heating transportation, etc. Carbon footprint
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 14
 Unit 8: Logistics
and transportation
Vocabulary - Match these terms with their definitions.
j. A specific factor that a business sees as being central to the way it, or its employees,
works. It fulfills three key criteria:
1) It provides consumer benefits
2) It is not easy for competitors to imitate
3) It can be leveraged widely to many products and markets.
It can take various forms, including technical/subject matter know-how, a reliable
process and/or close relationships with customers and suppliers. It may also include
product development or culture, such as employee dedication.
Core competency
k. One or more companies or individuals who participate in the flow of goods and
services from the manufacturer to the final user or consumer. Distribution channel
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 15
 Unit 8: Logistics
and transportation
Vocabulary - Match these terms with their definitions.
l. A business and industry which acts as a third party local representative and distribution
point for a manufacturing firm. These firms may perform some light assembly or kitting of
goods, but generally provides a buffer for finished goods. They typically purchase the goods in
quantity from the manufacturer and ship to customers in smaller quantities. Distributor
m. An organization which provides logistics services as an intermediary between the shipper
and the carrier, typically on international shipments. Freight forwarders provide the ability to
respond quickly and efficiently to changing customer and consumer demands and
international shipping (import/export) requirements. Freight forwarder
n. A term associated with more than one definition: 1) Common term indicating movable
property, merchandise, or wares. 2) All materials which are used to satisfy demands. 3) Whole
or part of the cargo received from the shipper, including any equipment supplied by the
shipper. Goods
o. International bases of sale developed by the International Chamber of Commerce to define
sellers' and buyers' responsibilities. INCOTERMS
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 16
 Unit 8: Logistics
and transportation
Please
watch and
take a note
of the key
points.
Incoterms
2020

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 17

 Unit 8: Logistics
and transportation
Reading 1
Understanding main points
1. What examples are given of traditional strategies for the organization of supply
chains?
Just-in-time, lean manufacturing and low-cost country sourcing
2. What is the likely future strategy for the organization of supply chains?
Inventory will be stored closer to the customer. Products will be shipped to shared
warehouses close to consumers, and shared transport will deliver to city hubs for final
distribution to stores.
3. What are the factors pushing the new strategy?
The concern to reduce emissions, reduce energy consumption for transport and
reduce traffic congestion.
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 18
 Unit 8: Logistics
and transportation
Please watch
and take a
note of the
key points.
Just-in-time

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 19

 Unit 8: Logistics
and transportation
Reading 1
Understanding details
1. Traditional supply-chain strategies were not greatly concerned about transport
costs or carbon emissions. T
2. Many companies are now against building huge warehouses because they are
damaging to the environment. N
3. Just-in-time, lean manufacturing and low-cost country sourcing are part of the new
supply-chain strategy. F
4. Tipping-point analysis argues that goods should always be stored close to the
customer. F
5. Products such as soft drinks or paper will continue to be delivered on a just-in-time
basis. T
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 20
 Unit 8: Logistics
and transportation
Reading 1
Understanding details
6. Kimberly-Clark is the leader in moving its distribution centres closer to customers. N
7. It is more energy efficient to have big, centralized warehouses rather than small,
local ones. T
8. Most ways of reducing carbon emissions in freight transport come at the expense of
higher costs. F
9. Shared warehouses and shared deliveries will be the model for the future. T
10. This new model will give improved on-shelf availability. N

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 21

 Unit 8: Logistics
and transportation
Reading 2
Understanding main points.
Read the article and choose the statement that expresses the main idea in the article
most accurately.
a. Companies should put their main environmental efforts into making their transport
and logistics as efficient as possible.
b. Moving goods by the sea is more environmentally friendly than transporting them
by road.
c. Companies should look at how they can be more efficient in every part of their
supply chain.

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 22

 Unit 8: Logistics
and transportation
Please watch
and take a
note of the
key points.
The future of
shipping

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 23

 Unit 8: Logistics
and transportation
Reading 2
Understanding details
1. What part of a company’s supply chain is a particularly significant contributor to
climate change? Transportation of goods
2. At what stages in the supply chain can companies start looking at ways of improving
sustainability? At every stage, even back to the design stage
3. What example is given of inefficiencies in the transportation of goods? 25 to 30 per
cent of vehicles travel empty due to poor scheduling of deliveries
4. What is considered the most carbon-efficient form of transport? Transportation by
ship
5. In what ways, apart from transport, can companies look for efficiency and cost
savings in their supply chain? By looking again at where products are made and stored,
and where suppliers are located
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 24
 Unit 8: Logistics
and transportation
Reading 2
Understanding details
6. Why are mergers often bad for supply-chain efficiency? Because they may have to
combine two sets of warehouses and transport systems, leading to overlap and duplication.
7. What parts of their supply chains are progressive companies looking at? They are looking
at the full lifecycle of their entire supply chain, assessing the use of energy and materials at
each stage, from design through to recycling at the end of the product’s life.
8. What two examples are given of where environmental improvements can be made
during a product’s lifecycle? Reducing or eliminating the use of toxic chemicals during
production, and making the product easier to take part at the recycling stage.
9. In what ways can changes in packaging design produce environmental improvements? By
cutting down on materials used, and by making transportation of products more
environmentally friendly because more items can be fitted into a container.
Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 25
 Unit 8: Logistics
and transportation
Please
watch and
take a note
of the key
points.
Logistics
and 7 rights

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 26

 Unit 8: Logistics
and transportation
Exercises
Exercise 1: Please fill in each blank with (a) correct word(s).
(1) Logistics (2) value-added (3) outsourcing (4) costs
(5) Logistics Performance Index (6) infrastructure (7) sophistication
(8) prioritised (9) shippers (10) Vietnam Logistics Association

Exercise 2: Please fill in each blank with a correct word.

(1) goods (2) quantities (3) condition (4) place (5) time (6) cost

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 Unit 8: Logistics
and transportation
Exercise 3: Please read the following passage and complete the figure.

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 28

 Unit 8: Logistics
and transportation
Please watch
and take a
note of the key
points.
Export
Documentation

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 29

 Unit 8: Logistics
and transportation
Please
watch and
take a note
of the key
points.
Bill of lading

Hoàng Huệ Chi, DBA - Khoa Tiếng Anh Chuyên Ngành 30