Vietnam as a Sourcing Alternative to China
While China-based manufacturers have long been the top choice for outsourcing production, recent years have seen high tariffs on imported goods, depreciation of the US dollar within China, and other challenges. The best solution is to work with a manufacturer in a different Asian country, such as Vietnam. Vietnam generally suffers fewer natural disasters than surrounding countries, so it offers increased reliability and more streamlined logistical experiences.
By choosing Vietnam as a sourcing alternative to China, you can make the most of your available capital, avoid costly tariffs, and take advantage of excellent stores of natural resources. Sun Fast is here to help. We have the outsourcing expertise and proven capabilities to facilitate your project with the right Vietnam manufacturer.
Contact us or call 714-680-8288 to learn how selecting Vietnam as a manufacturing alternative to China can benefit your business. A highly trained representative will discuss your requirements and begin your order.
Vietnam is a Fast-Growing Manufacturing Hub
For the past decade, Vietnam has established itself as a dynamic and fast-growing player in many industries, particularly metal production. Between 2017 and 2018, the country increased its output by nearly 40% to successfully produce 14.1 million tons of metal. As Vietnam expertly navigated the 2020 COVID-19 pandemic and mitigated impact on production, it continued operations at a better rate than competitors, including China.
Today, Vietnam’s customer base is mainly in other East and Southeast Asian countries, including Cambodia, Indonesia, Malaysia, and the Philippines. However, as global demand for cost-effective manufacturing and metal fabrication continues to grow in Europe and North America, the Vietnamese market is rapidly expanding. Through a combination of vast natural resources, government subsidies, foreign investment, and other factors, Vietnam has comprehensively established itself as a viable alternative to China.
The Top Industries That Outsource to Vietnam
As Vietnam sources much of its steel and metal from China, you can receive similar quality outputs in most industries for a significantly lower cost across sectors. The leading markets include:
- Steel and Metal Fabrication
- Wood Furniture and Cabinetry
- Textile Manufacturing
- Electronics Manufacturing
- Consumer Product Manufacturing
- Telecommunication and Broadcasting Equipment Manufacturing
- And many others!
The Benefits of Choosing Vietnam as a Manufacturing Alternative to China
Chinese tariffs can add costs that derail a project before it has a chance to begin. By selecting Vietnam as a sourcing alternative to China, you can benefit from several critical offshore manufacturing advantages, such as:
- Fewer restrictive regulations on products moving in or out of Vietnam
- Lower overall wages leading to maximized cost savings
- Highly skilled workforce compared to China
- Excellent store of natural resources for a variety of manufacturing projects
- And more!
Whether it’s steel, sheet metal, welding and stamping, or any other type of manufacturing material, Sun Fast can source high-quality materials throughout Vietnam, providing a highly viable alternative to Chinese sources.
Sun Fast Connects You to Manufacturers in Vietnam & Beyond
Sun Fast will work with you to reduce spending on Chinese tariffs by utilizing Vietnam as a sourcing alternative to China. If Vietnam manufacturing partners cannot serve your project, then we also work with a network of other suppliers throughout Asia, allowing you to maximize your production for competitive prices: