The trade deficit between Vietnam and the United States has persisted for many years, with tensions rising particularly during the Trump administration. As trade policy becomes a critical tool for shaping global supply chains, recent developments in Vietnam reciprocal tariffs are attracting growing attention from international investors and businesses. Vietnam’s Read more
Vietnam has emerged as a leading destination for businesses looking to develop and manufacture products. With its skilled workforce, competitive costs, and improving infrastructure, it’s no surprise that companies are shifting production here. However, protecting your product idea is essential to maintain your competitive edge and prevent unauthorized replication. This Read more
Vietnam has become a key destination for global businesses looking to source products due to its competitive pricing and growing manufacturing capabilities. However, finding the right vendor for your specific business needs can be challenging. Whether you are an Amazon seller, a retailer, or a US importer, selecting the right Read more
The race for outside-China sourcing has intensified, particularly since the U.S. underwent a political shift, pushing businesses to diversify their supply chains. While many manufacturing techniques are easily sourced globally, some specialized techniques require significant investment and expertise. In this article, we’ll explore three key metalworking processes—hot pressing, hot forging, Read more
When collaborating with manufacturers in Vietnam, effective communication is crucial to ensure your product development process runs smoothly. Misunderstandings between buyers and manufacturers can lead to delays, cost overruns, or quality issues. To avoid these pitfalls, focus on two key areas: finalizing specifications and managing specification changes. 1. Finalizing Specifications Read more
Understanding the differences between RFQ (Request for Quotation), RFI (Request for Information), and RFP (Request for Proposal) is essential for effective procurement and sourcing strategies. Each serves a specific purpose in vendor selection, ensuring businesses can make informed decisions. What Is an RFQ (Request for Quotation)? An RFQ is used Read more
In supply chain management, the terms purchasing and sourcing are often used interchangeably, but they play distinct and complementary roles. Understanding these differences is essential for businesses to build a resilient and efficient supply chain. What is Sourcing? Sourcing is the strategic phase of supply chain management. It involves identifying, Read more
With President Trump back in office, outside of China sourcing is set to accelerate rapidly. Known for his protectionist stance, Trump has announced plans to impose a baseline tariff of 10% on all imports, and up to 60% on goods imported specifically from China. This strong return to tariffs aims Read more
In recent years, many companies have faced significant challenges in diversifying their manufacturing base beyond China, despite increasing pressure from tariffs and geopolitical tensions. This situation highlights the complexities of global supply chain management and the true nature of low cost manufacturing. Cost Is Not Always the Only Factor While Read more
Finding a trustworthy supplier is crucial for any business looking to establish or expand its operations in Vietnam. With over 10 years of experience managing suppliers in Southeast Asia, particularly in Vietnam, we’ve developed a robust approach to sourcing that ensures reliability and quality. Here’s how we do it: 1. Read more