When you receive a price quote from a Vietnamese supplier, it will almost always be followed by three letters: FOB, CIF, or EXW. These are Incoterms®, and they are critically important. They define the exact point in the shipping process where the responsibility (and cost) for the goods transfers from the supplier to you, the […]
FOB, CIF, or EXW? Choosing the Right Incoterm in Vietnam Read More »
The single biggest fear for any first-time importer is sending thousands of dollars overseas and receiving a container full of defective, unsellable products. This fear can be managed and overcome with one thing: a robust Quality Control (QC) process. QC isn’t a single event; it’s a series of checkpoints designed to catch issues early and
A Beginner’s Guide to Quality Control (QC) in Vietnam Read More »
Sending a significant amount of money to a company thousands of miles away can be one of the most stressful parts of importing. Understanding the mechanisms and risks of different payment methods is essential to protecting your investment. When sourcing from Vietnam, you will almost always encounter two primary payment terms: T/T (Telegraphic Transfer) and
T/T vs. L/C: Demystifying Payment Terms for Vietnam Sourcing Read More »
The global supply chain is in a constant state of flux, and for the past decade, one country has consistently emerged as a star player: Vietnam. For Small and Medium-sized Enterprises (SMEs) in the US and Europe, Vietnam presents a golden opportunity—a potent combination of competitive pricing, improving quality, and a stable manufacturing environment. But
