Sourcing in Vietnam
While Vietnam is the market leader in high quality, low-cost manufacturing, profiting from Vietnamese manufacture can be problematic due to issues of language, geography and cultural barriers. However, our team has specialized experience, connections and contacts with the manufacturers to help you access all the advantages of South East Asian manufacturing at the lowest possible prices.
Since the start of the 1990s Vietnam’s economic growth has been among the highest in the world, growing by more than 7% annually in recent years. Key driving factors in this growth are increased quantity of exports and a more open, progressive economical model.
So what are the benefits of production in Vietnam?
- First and foremost, low cost manufacturing from a skilled workforce
- Political stability
- Smaller quantity production batches are available
- Vietnam is a member of both the World Trade Organisation (WTO) and the Association of South East Asian Nations (ASEAN) (unlike China)
Manufacturing in Vietnam
As more companies go on enjoying the benefits of moving their manufacturing and sourcing operations to Vietnam, both domestic infrastructure and the network of domestic suppliers improves, driving prices down even further. The future is bright as import taxes will continue to fall in coming years and membership of the WTO will continue to encourage further development.
Sourcing in Vietnam is based in Ho Chi Minh City, Vietnam’s largest city and the hub of the country’s commerce. Our local presence allows us to enjoy a unique market knowledge since we speak the language and understand the culture. Sourcing in Vietnam has spent several years building a strong network of industry contacts, developing strong relationships with individual factories and continuously evaluating their quality and performance.
Product sourcing in Vietnam
While Vietnam is well known as a major supplier of commodities such as coffee, sea food, rubber, rice, pepper and crude oil to the world, the country is not limited to just these sectors. During the last decade Vietnam has emerged as a leading producer of footwear, furniture, handicrafts and garments as well as the specified sub-sector of vehicle assembly. This change has helped give Vietnam a fine reputation around the world and companies everywhere are now turning to Vietnam to address their sourcing needs. This increased demand has seen big growth in the amount of factories in Vietnam manufacturing all kinds of products. Sourcing in Vietnam's mission is to help companies all over the world source products from these factories.
Sourcing in Vietnam never uses a factory without visiting the site in person to perform our extensive quality control tests; we value our good reputation and intend to keep it that way. We are confident that you will not find a better sourcing partner in Vietnam.
