By Melissa Cyrill India will not be joining the Regional […]MORE
Vietnam Sourcing: How We Can Help
- Qualified network of Vietnam suppliers
- On-the ground support reps in Vietnam
- 40+ years’ experience with Asia manufacturers
- Production and logistical planning
- Easy transition manufacturing from China
- Quality control management support
- All clients receive designated US and Vietnam account managers for program continuity
With uncertainty due to U.S-China trade tensions, Vietnam has emerged as a hot, new market for importers looking to reduce risk and unit costs by rapidly shifting their supply chains from China. Still, as U.S. companies look to immediately establish credibility in a new market, it’s important to recognize that Vietnam manufacturing also presents unique challenges that require on-the-ground support.
So, while Vietnam may not necessarily replace all Chinese sourcing operations, it should be strongly considered to augment them as a secondary source for critical products or assembly. With decades of experience in the region and support on the ground in Vietnam, let ABC Group help you facilitate a profitable Vietnam sourcing solution.
Exports to U.S. are up 28.8% in Q12019
Many Leading Brands have already established operations in market (LG and Samsung)
Close to manufacturing hubs in China
114 seaports allow for efficient ocean shipments
Minimum wage is half of China’s
Younger/more dynamic workforce compared to China
Stable government with multiple bilateral trade agreements
GDP growth on average exceeded 6% per year since 2000
On pace to overtake China on annual GDP growth rate for first time
Our leadership team on both continents has years of invaluable experience – on the ground in both the U.S. and Vietnamese markets – that just can’t be replicated without having invested the time in truly cultivating it.
By leveraging our deep knowledge and seasoned personnel, we help customers achieve optimal results in sourcing in and exporting to Vietnam.