Many new or inexperienced importers who are outsourcing their production to suppliers in China (or wider Asia such as Vietnam) for the first time go into the process almost blind. They're later hit with crippling issues that can make the … [Read more...]
9 Things Only a Large Company Can Obtain in China/Vietnam
I see some good advice, published in Linkedin or elsewhere, aimed at importers sourcing products from China, Vietnam, or other low-cost Asian countries. A lot of this advice is sound. However, I noticed that a good chunk is NOT … [Read more...]
Does the Future of Vietnam Manufacturing Depend on Taiwan?
I talked with a client who was working in a Taiwanese factory established in Guangdong in the early 1990s. It had been set up recently — production was previously done in Taiwan. Their facility was making products that require metal, … [Read more...]
Transferring Production from China to Vietnam to Avoid Tariffs
Many companies US importers from China have seen margins annihilated. It's logical to look at transferring production from China to places like Vietnam. I am writing this from Vietnam, where the tariffs imposed by the Trump … [Read more...]
Overview of the Vietnam Manufacturing Sector
Our marketing assistant Maria has done research on the Vietnam manufacturing sector: the top export industries, the trends, the labor costs, and logistics. Here is her article. Textile and Clothing – top sector no more? Out of all … [Read more...]
Improving Product Quality, Reliability, and Compliance with a QA Program
What would a QA program that you put in place to improve the quality, reliability, and compliance of new electro-mechanical products ideally include? Find out here! Prefer listening to reading? Listen to the audio … [Read more...]
2024: What if Trump Came Back? New Tariffs for China?
Looking at the momentum of Donald Trump's campaign for the US presidency, people everywhere are starting to take the scenario of his returning to the White House seriously. And people involved in international trade are wondering, will he … [Read more...]
T/T Payment: How to Pay Chinese Suppliers by Bank Wire Transfer
A T/T payment is a common way to pay Chinese suppliers, but what is this payment type, how to make one, and what FAQs do importers have about the process? In addition, when you're ready to pay a supplier, what kinds of payment terms might … [Read more...]
What Does a Deflationary China Mean for Importers?
China has had to face a difficult situation recently: They have passed their demographic peak and their population is aging. A fall in exports and imports is now obvious. The Wall Street Journal just wrote "China’s 40-Year Boom Is … [Read more...]
10 Sourcing Mistakes New Buyers With Asian Suppliers Should Avoid!
We see time and again buyers who are new to outsourcing their manufacturing to Asian suppliers in China, India, Vietnam, and elsewhere making these damaging sourcing mistakes. Here are the 10 most common ones waiting to trip you up...but … [Read more...]
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