Introduction

Today, Vietnam has one of the most enviable economic growth rates in the world.  Vietnam, a country the size of Italy with a population over 90 millions and over 60% of the population is under the age of 30, highly motivated, intelligent people with 96% literacy rate and high scientific and technological knowledge.

Vietnam is pushing hard to become the leading global competitor in providing outsourcing services to all businesses looking for faster, better, cheaper ways to make their products.  More and more high-technology production is moving to Vietnam.  Several multi-national companies choosing to outsource/manufacturing to Vietnam such as Intel, Renesas, Samsung, Campal, Foxcon, Nortel Networks, Bayer, Sony, Cisco, Anheuser Bush, IBM, Hewlett-Packard, Infosys, Nike, Adidas, Puma and Reebok in recent years.

 About Us

NetCORE Group – a full service consultancy and sourcing agency-partner in Vietnam  with the operational office located in SaiGon-Vietnam and California-USA

NetCORE’s management team consists of local and international backgrounds with experienced in Western Business Standards involved with Business Sourcing, Supply Chain Management and Trade Solutions.

Service Description

Our services include a complete supply chain management services are provided and customized to clients’ needs such as Business Sourcing, Screening, Company Profiling and Business Matching, VN Escorted Factory Tours, Sampling, Quotations, Negotiations, Manufacturing Agreements, Production Oversight, Quality Control Inspections and Product Shipment, as well as Management Agent, Buyer’s agent or Sole Representative for low cost manufacturing projects.

 We are teaming-up and working with the best technology providers, and partnering with reputable local and regional engineering suppliers and manufacturing companies to reduce competition, improve pricing, and reduce risks.

Here is a quantitative summary of the advantages and benefits of working-outsourcing in Vietnam.

  • Price: In Vietnam, labor costs are 90% less than those in the U.S. and Always lower than China and Asian countries
  • Labor Force: Vietnam’s population is over 90M.  60% labor force of population is under 30, young, highly motivated, intelligent people with 96% literacy rate and high scientific and technological knowledge.
  • Socio-Economic Stability:  Vietnam is a very stable country, which creates a hospitable business environment for outsourcing.
  • Economic Stability: Vietnam has very high GDP growth, with significant foreign investment and membership in the World Trade Organization and TPP.
  • Economic Stability: Vietnam’s economy is healthy and growing rapidly, with a annual GDP growth of 8% during the last 25 years.
  • Ethnic/Religious Stability: There are no ethnic/religious conflicts in Vietnam.
  • Political Stability: Vietnam’s current government has been in place for more than 40 years and there have been no conflicts with neighboring countries for almost the same amount of time.
  • Business Environment: Vietnam’s laws and public policies create a warm and welcoming business environment for foreign investment and the country is constantly strengthening its protection and enforcement of intellectual property rights.
  • Language:  English is the second most popular language in the country, and the majority of Vietnams’ college graduates have high proficiency in English. Consequently, most workers in Vietnam are able to communicate easily with U.S. companies in English when completing outsourcing projects.