How to Find Reliable Manufacturing Partners in Vietnam?
Amid production disruptions caused by the COVID-19 pandemic and the U.S.-China trade war, Vietnam has emerged as a promising destination for many global companies. With strategic geographic advantages, open trade promotion policies, and a young, abundant workforce, Vietnam's manufacturing sector—particularly the supporting industries—has become highly competitive.
As multinational corporations shift their supply chains to Vietnam, major manufacturers and service providers such as Samsung, Panasonic, LG, Bosch, and Maersk are actively seeking supporting industry suppliers in the country. According to Vietnam's Foreign Investment Agency under the Ministry of Planning and Investment, foreign direct investment (FDI) into Vietnam is projected to reach an impressive $38 billion by 2023.
Are you looking to expand your supply chain in Vietnam? Struggling to find top-tier manufacturers in this country? Let us assist you.
WHERE TO FIND REPUTABLE SUPPORTING INDUSTRY MANUFACTURERS IN VIETNAM
1. Data Sources and Manufacturer Websites:
- Company websites: Many supporting industry manufacturers have their own websites showcasing their products and services. You can use search engines like Google to find these websites and contact manufacturers directly. Key search terms include:
- Vietnam machining manufacturer
- Sourcing & Manufacturing in Vietnam
- Vietnam manufacturing company
- Top manufacturing company in Vietnam
- Vietnam precision engineering company
2. Reputable Organizations and Associations:
- Vietnam Association for Supporting Industries (VASI): VASI includes nearly 300 members specializing in molds, jigs, automation, metal parts, electronics, plastics, rubbers, materials, and software solutions. These companies supply FDI firms and export to markets such as Japan, Korea, North America, and Europe. VASI collaborates with key Vietnamese government agencies like MOIT, MPI, and MOST.
- Vietnam Chamber of Commerce and Industry (VCCI): Founded in 1950, VCCI is a non-profit organization representing the Vietnamese business community. It plays a vital role in economic development by supporting businesses, particularly SMEs, and fostering business relationships between Vietnam and other nations.
- Japan External Trade Organization (JETRO): Established in 1958, JETRO conducts annual market studies in Vietnam, identifying leading companies in the supporting industries of this 100-million-population country.
3. Trade Shows and Exhibitions:
This is also a valuable information channel and an ideal platform for foreign businesses to explore cooperation opportunities. Participating in trade fairs is an effective way to find reputable manufacturers and suppliers in Vietnam. Like other countries, Vietnam hosts numerous industry-specific trade exhibitions, including several dedicated to the auxiliary industry:
- Vietnam International Supporting Industry and Manufacturing Exhibition (VIMEXPO) (held annually in November): VIMEXPO is regarded as an excellent platform for businesses in the supporting and manufacturing industries to directly connect, explore new cooperation opportunities, approach partners, and expand their markets. VIMEXPO 2022 featured the participation of over 200 enterprises with nearly 300 booths displayed across an area of nearly 5,000 square meters. It is the leading event in Vietnam for supporting industries and manufacturing. At the exhibition, companies showcased outstanding, competitive products in key areas of the supporting industry, including automobile assembly and manufacturing, precision mechanics, high-tech industries, electronics, and related sectors.
- METALEX Vietnam 2023 - The International Exhibition on Machine Tools & Metalworking Solutions for Enhancing Production Capabilities (held annually in October): METALEX Vietnam 2023 is where the manufacturing and supporting industries convene annually to explore effective metalworking solutions, launch products, exchange core business insights, and establish partnerships to grow their presence in Vietnam's emerging market. With 10,000 diverse buyers and over 500 brands from 25 countries, this platform encompasses all aspects of the metalworking industry, creating a significant impact on the manufacturing sector.
- Vietnam International Trade Fair - Vietnam Expo (typically held in April each year): Over 31 years of supporting businesses, Vietnam Expo has become one of the most significant and large-scale trade promotion activities of Vietnam's Ministry of Industry and Trade. Vietnam Expo 2023 attracted over 500 businesses from Vietnam and 16 other countries and territories worldwide, showcasing their products across 600 exhibition booths. The fair primarily targets businesses acting as manufacturers and product suppliers, along with individuals and organizations seeking raw materials, machinery, and equipment for production inputs.
- International Industrial Manufacturing Exhibition (Vietnam Manufacturing Expo - VME 2022) (held annually in August) serves the manufacturing business community in the fields of mechanical engineering and component manufacturing, as well as the supporting industries. The exhibition showcases the most advanced and modern machinery and technologies from nearly 200 renowned brands representing around 20 countries, featuring over 10,000 manufacturers in the industrial manufacturing and supporting industries.
- Vietnam Industrial & Manufacturing Fair 2023 (VIMF 2023) in conjunction with Vietnam Industrial Automation Fiesta 2023 (VIAF 2023)** (held annually in November): VIMF is an international specialized exhibition with the participation of enterprises from Vietnam, Singapore, South Korea, Japan, Thailand, Malaysia, Germany, the United States, India, Italy, and more. It attracts high-quality visitors, primarily from industrial zones, factories, manufacturing and processing enterprises, contractors, projects, system integrators, solution groups, etc.
- International Exhibition on Sustainable Production, Supply, and Consumption Network in the Aviation Industry (AeroExpo Hanoi & Vietnam Aviation Forum 2023), typically held in March each year: This exhibition features over 100 booths from 10 countries, of which approximately 70% are domestic exhibitors showcasing products, technologies, and capabilities in production, technical infrastructure, and logistics within the aviation industry. With the participation of major global airlines such as Airbus, Boeing, China Southern, China Eastern, and various international companies, the exhibition provides an opportunity to promote and introduce Hanoi's industrial sector in general and the aviation industry in particular to more than 160 partners within the global aviation industry supply chain.
EVALUATING THE RELIABILITY OF SUPPLIERS IN EMERGING MARKETS
Seeking suppliers in emerging markets can offer many benefits for businesses, such as cost savings, market expansion, and enhanced diversity in the supply chain. However, to find reliable suppliers and ensure product quality, foreign businesses should consider the following:
- Understand the advantages, unique characteristics, and work culture of the target country, particularly in the supporting industries:
Since early 2022, Vietnam has fully reopened its economy and society under the principle of "adaptation and flexibility," enabling production and trade activities to resume normal operations. Positive pandemic control measures, coupled with decisive and flexible governance by the government, have improved the business environment, making Vietnam an attractive destination for many foreign investors, particularly those in supporting industries. Supporting industries in Vietnam cover various fields such as electronic component manufacturing, automotive component production, machinery manufacturing, measurement equipment production, refrigerator film production, mechanical and electronic processing services, and metal surface treatment, among others. Vietnamese enterprises are capable of producing competitive supporting industry products that meet 45% of domestic production and consumption needs and contribute 11% of industrial production value. Additionally, approximately 1,000 domestic enterprises are capable of supplying directly to assembly companies and multinational corporations within Vietnam. It is estimated that by 2030, supporting industry products will meet 70% of domestic production and consumption needs, accounting for around 14% of industrial production value. In addition to advantages such as open investment policies and a large pool of high-quality human resources, Vietnam's supporting industries face challenges, including the predominance of small and medium-sized industrial enterprises, limited capital and access to loans, a lack of self-sufficiency in input materials for production, and heavy reliance on imported raw materials from specific sources.
- Evaluate the competitiveness of potential suppliers in the region and gather information on industry organizations and alliances within the country to connect with leading suppliers: To assess the professionalism of supporting industry manufacturers in Vietnam, it is necessary to research and evaluate the company’s experience and capabilities by reviewing its operational history, scale, facilities, workforce, and previous customers. Assess the quality of the products and services offered by examining their production processes, quality certifications, and customer feedback. Additionally, competitive pricing should be one of the top priorities. Information about the company can be found on trusted forums and websites to evaluate its credibility
- Engage directly with suppliers through email, phone calls, or trade fairs, and ideally visit the factory in person for direct observation: For orders, regardless of their size, a supplier with the capacity to collaborate is what all foreign businesses look for. Arranging a visit to the manufacturing facility in Vietnam is the best way to evaluate suitability, production capacity, and the ability to meet order requirements of a new supplier. If conditions do not allow for an in-person visit, an online factory tour is an ideal alternative. Additionally, hiring an intermediary company can help with the initial evaluation to ensure that potential Vietnamese manufacturers align fully with your needs.
- Request essential production certifications such as IATF and ISO; inspect production processes, quality control, assembly, and packaging:
To ensure product quality and market readiness, international certifications like IATF (International Automotive Task Force) and ISO (International Organization for Standardization) are crucial in production. Inspecting production processes is an essential step; these processes must be designed to ensure the stability and reliability of the final product. This includes raw materials, machinery, production methods, and quality checks both before and after production. A rigorous quality control process at each stage is indispensable to ensure that all products meet the strictest standards set by customers.
- Verify documentation and customs procedures to ensure legal compliance for transactions, while also identifying potential risks and creating contingency and resolution plans as necessary.
CNCTECH IS READY TO BE YOUR RELIABLE PARTNER
Established in 2008, CNCTech began as a CAM office specializing in CNC machining programming for companies on the West Coast of the United States. We opened our first factory in 2010 in Binh Duong province. Today, we operate five factories in Vietnam, serving numerous customers from around the globe. CNCTech takes great pride in maintaining long-term partnerships, with some customers having been with us since our early days.
We currently offer three main product categories:
- CNC Machining: As our name suggests, we are, first and foremost, a CNC machining company. Our machining facilities are located in Vinh Phuc, Binh Duong, and Saigon. Each month, CNCTech processes over a thousand drawings of various components for automated machinery, molds, automobiles and motorcycles, electronic devices, and more.
- Mold Manufacturing: After many years of machining inserts, sliders, and other mold components for Japanese customers, we began manufacturing complete molds in 2014. CNCTech produces injection molds and die-casting molds for telecommunications electronics, consumer electronics, motorcycles, and smart IoT devices. Our clients come from Japan, Italy, Israel, and Vietnam. We also provide maintenance, repair, and design modifications for molds brought in by customers.
- Plastic Injection Molding: CNCTech offers plastic injection molding services, specializing in producing various plastic components for telecommunications equipment, consumer electronics, motorcycles, IoT devices, and other assembly products. We operate nearly 150 injection molding machines with clamping forces ranging from 80 to 700 tons in our factories in both Northern and Southern Vietnam.
Our goal is to provide customers with integrated, turnkey manufacturing solutions, a one-stop service with optimal time, top-quality standards, and competitive pricing. We continuously enhance our product and service improvement capabilities, actively applying modern standards and management tools to production and manufacturing.
We have the capability and professionalism to accompany you throughout your production expansion journey in Vietnam
Contact Us Today!
For more information or to request a quote, please reach out to us:
• Email: hello@cnctech.vn
• Phone: (+84) 868 209 111
• Website: www.cnctech.com.vn
CNCTech – Precision Machining Solutions for a Global Market!