Currently in Asia, Vietnam is one of the countries experiencing unprecedented and exponential economic growth and offering unique opportunities to companies that want to take part in this boom. As costs begin to soar in China, companies are turning to Vietnam sourcing for their procurement needs. The country offers a skilled workforce, competitive pricing, and a growing economy. However, finding the right supplier with transparency can be challenging. That’s where buying offices in Vietnam comes in. A buying office in Vietnam acts as a liaison between foreign businesses and local suppliers. They provide support throughout the procurement process, from sourcing to shipment, ensuring that all transactions are transparent and compliant with regulations.
Why is Vietnam Sourcing the Preferred Choice?
- Labor costs are lower than in China.
- Skilled, high labor pool
- Strong work and quality ethics
- Easy access to deep sea ports
- Political stability and favorable trade policies
With a strong and dedicated Vietnam sourcing partner who has sufficient local and western expertise, you are assured procurement excellence no matter what products you require. Dragon Sourcing focuses on helping you create long-term and sustainable value in the ongoing management of your business requirements to import from Vietnam or manufacture in Vietnam.
Vietnam Sourcing: Connect with a Range of Vietnam-Based Companies
The overall country rating for Vietnam, when compared to other sizeable developing economies in the region, including the Philippines, Pakistan, Indonesia, and Thailand, explains the level of attention it is attracting from potential investors and corporate buyers. However, the country is faced with unique challenges such as smaller-scale factories, limited local raw materials, and smaller installed capacities available for third-party buyers. Also, you will encounter communication issues, red tape, corruption, and a serious lack of business acumen when dealing with Western companies.
Dragon Sourcing can help your business manage these challenges and risks and benefit from the opportunities in Vietnam sourcing. We can work towards finding the best possible prices for you without compromising on quality. In fact, you are guaranteed the highest quality and the best rates throughout the pre-production and manufacturing processes.
Our team includes local and international quality control personnel to ensure that your requirements are delivered on time and as per your specifications. We will walk you through the various challenges involved in low-cost sourcing and help you develop an ideal strategy to suit your business needs. We understand that every one of our customers’ businesses is different and comes with a set of objectives and challenges. That’s why we choose to plan our projects in conjunction with your production objectives and targets.
Helping You Define What You Need
To ensure that you obtain the best quality and price when you choose Vietnam sourcing, the first step is to determine what exactly you need. Dragon Sourcing will seek details related to product specification, quantity, order frequency, target price, packaging specifications, and timeline. Following that, we will investigate, evaluate, and recommend the best suppliers in Vietnam for your needs. We strive for an efficient and smooth sourcing experience for you.
Sourcing Strategy for Your Business with the Best Service Provider
Dragon Sourcing will recommend an approach so you can reap the maximum benefits in Vietnam. For instance, by tapping into the supply base in areas such as seafood, rice, and various other agricultural products, which Vietnam is naturally strong at, or even trying to take advantage of first-mover status upon identifying high-class suppliers in areas where Vietnam does not have the inherent advantage to lock in the limited available supplier capacity before competitors do, you can assure your business a competitive advantage in Vietnam. Furthermore, you can also start working with a third-party procurement service provider in order not to have to make fixed-cost investments until the opportunity has been proven, at which point you can decide to open your own buying office in Vietnam.
Dragon Sourcing’s End-to-End Services
We understand your need for high-quality and cost-effective products that can be sourced easily. You can rely on us for:
- Feasibility studies for your business
- Hands-on procurement operations in Vietnam
- Total transparency in all processes
- Assured quality and timely delivery
With rich knowledge and expertise in the industry and an in-depth understanding of Vietnamese culture, we can be your trusted partner in Vietnam.