On Thursday’s with Sharon we welcome back Jim Kennemer from Cosmo Sourcing to discuss sourcing from Vietnam.
With the ongoing Chinese trade war, broken supply chain, price increases, 7-8x shipping increases + surcharges many product developers and Amazon sellers are looking at alternatives to China, for some Vietnam could be the answer!
Vietnam is the 7th largest supplier of goods to the United States. The 2007 United States-Vietnam trade agreement provided a platform for easy business trading between both countries and today the US and Vietnam are major trade partners, with billions exported from Vietnam each year.
The US is Vietnam’s 2nd largest trade partner (after China), and 18% of all Vietnamese exports end up in the United States.
Is Vietnam the right move for your business right now? Catch this episode to find out