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Frequently Questions about Manufacturing in Vietnam – Part 2

Shipping in Vietnam

Working with Outsourcing Agencies in Vietnam

In Vietnam, thousands of agents can help you access the best companies to partner with, including assisting you in pitching camp in Vietnam successfully. As much as you can go directly to Vietnam companies, you may not be successful in finding companies via the internet, as many of them depend solely on trade shows to pitch for overseas investors and partners. Some companies can be found on Alibaba, but most of all, many of them will require gaining direct access to local connections, such as outsourcing Vietnam agents.

Also, finding suppliers in Vietnam is not as easy as it may seem. But with an outsourcing agent, you can get connected to companies that have passed the inspection quality standards and are proven legal to operate in Vietnam. You also need to ensure that your products meet the set standards of production in Vietnam for you to get a smooth ride in the country’s manufacturing industry.

You can carry out your assessment of the local companies, especially with the help of sourcing Vietnam agents to determine their financial standing, level of production, and market access.

Why is manufacturing or sourcing in Vietnam a good idea?

Producing in China has become more expensive, and this has been reflected in the increase in export prices over the last years. The cost of labor has increased in China to follow the development of the country and the government’s expectation to grow its middle-class benefits. Nevertheless, the economic war between China and the USA brings opportunities for Vietnam. Vietnam has less regulation, a much lower labor cost, and a tremendous development of infrastructures and free trade zones that have led to significant growth in terms of new factories set up.