Vietnam is quickly becoming a serious manufacturing alternative to China, especially for American importers vary of the ongoing US-China trade war. That said, Vietnamese suppliers are not as easy to find on Alibaba.com or Globalsources.com, compared to their Chinese counterparts.
As such, many importers turn to Vietnam based sourcing companies, with vast local supplier networks.
In this article, we list five of Vietnam’s leading sourcing agencies, all located in Asia’s fastest growing manufacturing hub – Ho Chi Minh City.
Do I need a sourcing company when importing from Vietnam?
You can of course attempt to source Vietnamese directly, using Alibaba.com or even a Google search. However, Vietnamese suppliers tend to have a rather small online footprint, making them harder to find.
Those that do have a larger online presence tend to be larger suppliers, which tend to have little interest in working with small buyers.
Vietnam based sourcing companies can bridge that gap, using their local network and expertise to match you with a qualified supplier.
I’d say that sourcing agents provide more value in Vietnam, compared to more developed manufacturing countries like China.
What can a sourcing company do for me?
Their primary objective is to identify local manufacturers, qualified to make your product. In addition, sourcing agents should provide the following information about each supplier:
- Sample cost
- Production time
- MOQ Requirements
Further, the sourcing company should also provide information about the manufacturers:
- Company name
- Contact person (name, email, and phone)
- Office address
- Factory address
- Company certification (e.g., BSCI or ISO 9001)
Sourcing companies refusing to provide supplier information are not actual sourcing companies, but traders. There’s a big difference between the two.
Further, sourcing agencies don’t stop at supplier introductions. In most cases, they provide the following services:
- Factory tours
- Trade show tours
- Quality control
- Supplier background checks
- Lab testing (via a third party)
- Logistics (via a third party)
Some companies offer these services as an all-inclusive package, while others charge based on project milestones or individual services.
Sourcing Company Overview
Founded by American national Jim Kennemer in Shanghai, Cosmo Sourcing is today incorporated in Hong Kong and operates a branch in Ho Chi Minh City, Vienam. While Cosmo Sourcing was originally focused on helping companies source products in Mainland China, they are now focused on helping customers manufacture and importing products from Vietnam.
They offer a comprehensive end-to-end service covering everything from initial project evaluation to shipment and FBA prep.
- Product specification
- RFQ (Request for Quote) + Product Validation (Total landed cost)
- Product sample development
- Production and quality inspection
- FBA prep guidance
Address: Hem 18 Bis, Nguyen Thi Minh Khai, Da Kao, District, Ho Chi Minh City, Vietnam
Founded by Nathan Resnick in 2017, Sourcify is headquartered in San Diego, CA, and a leading digital supply chain management company. Brands use their online platform oversee production runs, keep track suppliers and pricing, and much more. In late 2018, Sourcify also expanded to Ho Chi Minh City.
Here are some of the brands using Sourcify:
- Original Grain
- Relentless Drive
Address (San Diego HQ): 3000 Upas St. Suite #207, San Diego, CA 92104, United States
Seditex is a sourcing agency that was founded in 2000 with Its head office based in Ho Chi Minh City, Vietnam.
- Seditex offers a wide range of sourcing services its clients. These include:
- Factory introductions
- Factory visits
- Factory assessments
- Consulting for factories
- Consulting for investors
- Employee training
- Quality control inspections
The quality control inspections at Seditex involve a three-step process. The first step involves a pre-production meeting. This includes checking components, risk assessment, whether production is on time, etc.
The second step is an in-line inspection. The last step is a final inspection carried out just before the goods are given a green light for shipment.
Seditex covers a wide range of product categories:
- Machinery tools
- PP bags
Seditex also serves many international brands and well-recognized companies like Savcan and Smitcare.
Address: Hoang Anh River View A01-03, 37 Nguyen Van Huong, Thao Dien, Quan 2, Ho Chi Minh 713000
Founded in 2004, Dragon sourcing is a procurement service provider which helps clients import goods and services from expanding, low-cost, and developing markets like Brazil, China, India, Turkey, and Vietnam. The head office of the company is based in Hong Kong with several other offices in different cities around the world, including in Ho Chi Minh City in Vietnam.
Dragon Sourcing agency is involved in the sourcing of a wide range of products and services. Their products include:
- Industrial items (Finished products, Processed Technologies, Industrial plastic)
- Do it yourself items
- Laboratory items (Consumables, Equipment)
- Finished goods for retail
- Chemicals and food ingredients (Food and animal nutrition, Pharmaceutical, Pesticide)
- Promotional items (such as gifts and glasses)
- Construction materials
- Production equipment
- Raw materials
Consists of local and foreign qualified quality control personnel and other staff, Dragon Sourcing helps buyers with feasibility studies for businesses, hands-on procurement operations, transparent processes, guaranteed quality, and on-time delivery.
Apart from Vietnam, Dragon Sourcing has offices in a number of countries such as the United States, Germany, France, Italy, and several others.
Dragon Sourcing has a large number of clients in many different industries. For example, their clients for food and beverages include British Foods, British Sugar, Smithfield, United Biscuits and several other international brands.
Hong Kong Office (Regional): 10/F., Guangdong Investment Tower, 148 Connaught Road Central, Hong Kong (SAR)
Modern sourcing is a product sourcing company based in Ho Chi Minh City, Vietnam. They claim to provide the best quality products at competitive prices for their global clients.
Modern Sourcing can connect buyers with more than a hundred local manufacturers in Vietnam, for both OEM and ODM product sourcing.
The sourcing company has a wide range of products and services to offer. The categories include:
- Garden and outdoor living
- Indoor furniture and home products
- Backpack and camping
- Fashion Apparel and accessories
- Toys and Beach
They’re currently working with some of the well-known global brands. Some of these include Deo Design, Plum furniture, Alphabet, Vario Sports, FSC and Macedon Ranges.
Address: 6th floor, 27b Nguyen Dinh Chieu, Dakao, District 1, Ho Chi Minh City, Vietnam
Almenide Global Sourcing (AGS) is a leading sourcing agency based in Ho Chi Minh City, Vietnam. They work as product sourcing agents who help their clients to find, select and bargain their products at the best rates.
AGS Vietnam consists of a team of 10 people which include product merchandisers and qualified members. They source a diverse range of products which meets high-quality standards at economical prices. These include:
- Household Products
- Outdoor and indoor furniture
- Food products
The services they provide involve concentrating exclusively on sourcing and order execution, transparency for partners by directly linking them to vendors and consolidating buying power.
According to the company, it’s certified by BRC, FSC, GMP, and IFS. AGS has multiple well-reputed clients such as cDiscount, AchatSource, score Jumbo, Maison Sarah Lavoine, and several more.
Address: 215B37, Nguyen Van Huong Street, Thao Dien Ward, District 2, Ho Chi Minh City, Vietnam
Vietnam B2B Direct
Established in Ho Chi Minh city in 2004, Vietnam B2B Direct is a product sourcing and manufacturing company. It is also a procurement service and trade solutions provider to foreign companies.
Vietnam B2B Direct offers a diverse set of services under four broad categories:
- Product sourcing and finding manufacturers
- Manufacturing at cheap rates
- Importing and distribution of consumer goods
To enhance client satisfaction, B2B Direct offers services such as full supply chain management and providing a representative agent or buyer for low-cost manufacturing projects.
The company has worked with a number of world-renowned clients including RexNord, Mattel, Libbey Inc, Spend Less Shoes, Nutifood, and several more.
Address: 2A / 20 Bach Dang Street, Ward 2, Tan Binh District, Ho Chi Minh City (Saigon), Vietnam
Home & Furniture
|Vietnam B2B Direct||Cosmo Sourcing|
Home & furniture
Why are most sourcing companies based in Ho Chi Minh City?
Ho Chi Minh City, also known as Saigon, is Vietnam’s commercial epicenter. The city is currently one of the worlds fastest growing export manufacturing and logistics hubs.
This trend is set to increase, as we see more of our customers in the United States, Europe, and Australia coming to Ho Chi Minh City, looking for alternatives to China.
That said, there’s a lot of manufacturing in the middle and northern parts of Vietnam, all within close reach of the Ho Chi Minh city based sourcing agencies.
How do sourcing companies in Vietnam make money?
Some companies, such as Seditex, offer a range of flat-rate services, such as supplier introductions. Sourcing agencies also offer other cost models, including the following:
- Project-based pricing (installments)
- Order value commission (%)
- Recurring monthly service fees (ongoing procurement services)
- Flat rate services fees (quality checks, RFQ support, etc)
It’s common that sourcing agencies require smaller companies to pay an upfront fee, before starting a new project – while offering commission based pricing to larger companies and their established clients.
Do you want to manufacture your product in Vietnam?
We can help you go from idea to delivered product in 6 steps:
- Product specification
- Supplier sourcing
- Product samples
- Placing your order
- Quality control and lab testing
You can book a free consultation call today to learn more.