Vietnam Manufacturing Products
Vietnam is an excellent place to source products, assuming your product can be made here. While Vietnam has a massive industrial base that is still rapidly growing, it still doesn't cover every industry like a particular country to the north. If your product is made in Vietnam, it will likely be cheaper or of a higher quality than the same product from China. Many people are finding that products can be cheaper AND better in Vietnam. We'll go over what products can be made in Vietnam.
Popular products made in Vietnam
Clothing and Textiles
Vietnam produced and exported over $30 Billion in textiles and apparel in 2017 and experienced over 10% growth yearly. Several large companies do the bulk of their manufacturing here. Patagonia and The North Face do most of their production in Vietnam, as do H&M, Uniqlo, Gap, and J.Crew, among many others. Vietnam is also leading the way in sustainable manufacturing practices in the industry. So next time you buy a shirt or clothing item, check the label to see where it is made; there's a good chance it's made in Vietnam.
Furniture
Vietnam is currently the world's second-largest furniture manufacturer, behind only China. However, Vietnam is the fastest-growing furniture manufacturer globally, while Chinese furniture production is decreasing. Vietnam's diverse furniture industry, from high-end custom-made wood furniture to small boutique shops. Companies like IKEA, Ashley Furniture, and West Elm manufacture furniture in Vietnam.
Wooden goods
Vietnam exports over $5 Billion in finished wooden goods a year. Most of this focuses on furniture but includes products for industrial uses, such as wooden reels and handles for tools such as shovels. Vietnam has tremendous access to high-quality hardwoods and the manufacturing capability to make high-end finished goods.
Footwear
Vietnam is one of the largest manufacturers of shoes globally and has the most significant export capacity globally. Vietnam produces over $12 Billion worth of shoes annually and is growing fast. Vietnam exports over 90% of its shoes, the world's highest rate. Vietnam isn't limited by whose style either. Nike, Adidas, and many other brands have a vast manufacturing presence here. The output ranges from high-end leather shoes and sneakers to cheap flip-flops and more.
Iron and Steel
Iron and steel are among Vietnam's fastest-growing industries, growing at over 20% annually for almost a decade. Vietnam is the largest consumer and producer of steel in Southeast Asia. Vietnam can make over 16 million tons of steel annually and over 5 million tons of Iron. In addition to manufacturing, Raw Steel Vietnam is also one of the largest importers of Scrap metals and has a tremendous capacity to recycle the scrap into finished goods.
Consumer Goods
Consumer goods, admittedly an extensive category, is Vietnam's largest industry. In 2017, Vietnam exported over 70 Billion dollars worth of consumer goods. Consumer goods are anything that ends up being used by an end consumer (as opposed to a business). For FBA sellers, this is good news since most of what is already sold on Amazon is classified as a consumer good.
Packaging
Vietnam is one of the world's leaders in packaging. Packaging that factories can manufacture in Vietnam ranges from cardboard boxes, soda cans, plastic packaging, and much, much more. Vietnam exported over $1.7 Billion in packaging. Packing includes but isn't limited to the food and beverages, cosmetics, pharmaceutical, bottling and beverages, barcoding, printing, and labeling industries. Besides, ProPak Vietnam is the largest trade show for packaging globally and is held every March in Ho Chi Minh City. So, if you want to create high-quality custom packaging, Vietnam would be a great place to look. 
Plastic and rubber goods
Vietnam exports over $5 Billion a year in Rubber and plastic goods. These are essential consumer goods such as rubber dog toys and sunglasses. Vietnam has a large capacity to produce products. The most common method is plastic injections, but you can find any methods here, including plastic extrusion and plastic welding. Rubber manufacturers in Vietnam are easy to find. They can cover all rubber needs, such as extrusion, latex dipping, molding, and calendaring. Therefore, Vietnam is an excellent option if you are sourcing a product or components made of Rubber or Plastic.
Coffee
Vietnam is the world's second-largest exporter of coffee in the world by volume, exporting over 1.3 million tons in 2012. We should note that 97% of the beans are Robusta beans, not higher-quality Arabica beans. Nonetheless, Vietnamese coffee farmers are quickly improving their quality and targeting the specialty coffee market. Vietnam's coffee industry already has several significant players and exports to almost every major country globally. Exports totaled 1.55 Million tons, and Cosmo has a dedicated team for sourcing coffee.
Construction Materials
Vietnam has a vast and dynamic construction material industry. The materials found in Vietnam range from cement to steel supports and screws, bolts, fasteners, and rebar.
Seafood
Vietnam is currently the world's third-largest seafood exporter, behind Norway and China. Vietnam Exported USD 5.8 Billion of seafood and directly and indirectly employs over 8 million people. Vietnam has over 2,000 miles of coastline stretching north to south, allowing it to have diverse fish environments. Besides, Vietnam has a large amount of Aquaculture farms built inland as well in the ocean. Please Note that Cosmo Sourcing cannot source seafood.
Where in Vietnam can you find products?
If you focus on a particular industry, the production tends to cluster into a specific region or industrial area. Therefore, Vietnam has set up a few industrial zones that promote free trade and focus on a particular industry. In addition, Vietnam has set up several Industrial Investment Zones (IZ) to encourage Foreign Direct Investments. To date, there are over 220 Industrial zones and 16 Economic Zones.
These zones have several benefits for foreign investors:
- 10% tax rate locked in for 15 years
- 50% tax benefit for all employees
- 0 Corporate taxes for four years
- 50% discount on Corporate taxes for up to 9 years after the first four years
In addition, there are some specific benefits to encouraging certain industries to set up in Vietnam. First, We should note that Vietnam uses the terminology Economic Zone or Investment Zone, which is the same as a Free Trade Zone for all legal intents and purposes.