F.A.Q

To help customers understand ABIX more, we have synthesized the answers to the questions that enterprises asked in the cooperation process with ABIX. Please refer:

Why import from Vietnam?
Why outsource to Vietnam?
What products/ industries are the best candidates for importing/ outsourcing in Vietnam?
How can I look for the best matching suppliers?
Are there minimum order quantities requirements?
How does the shipping work?
I have to maintain a Letter of Credit or use an International Wire Transfer?

Why export to Vietnam?
What products/ industries are the best candidates for exporting to Vietnam?
How can I look for the best matching buyers?

Why invest/ do business in Vietnam?
How can I look for the best partners?
What should I do to enter into Vietnam market?
How can I get the best services of branding?
How can I get updated about business news in Vietnam?
Can I receive free newsletters?

Why should I work with ABIX?
How can I be sure of quality of products/ services?

Q: Why import from Vietnam?
A: Vietnam is a developing country with many advantages such as: various natural resources, the high demand of infrastructure construction, low labor wages, available input material and production lines imported from many developed countries like German, Canada, USA, Japan, France … Therefore, Vietnamese commodities are low-priced with diversified design and quality.

Q: Why outsource to Vietnam?
A: If the part price for an auto part component cost $20 in the United States, it may lower to $8 or less (FOB a port) if it is made by a Vietnamese factory. Shipping cost (by boat) and other fees normally account for 6% of the cost. If your annual volume is 100,000, you would save about $1,100,000 a year for this part.
The growing trend, for labor-intensive products, is to source them from Vietnam. If you don't do outsourcing in Vietnam, your competitors will do it and offer prices to your customers at 30 to 50% less than they are currently paying you, you may quickly lose customers. If your company wants to be a leader in the 21 st century, it is hard to imagine that it wouldn't involve having a sourcing strategy in Vietnam.

Q: What products/ industries are the best candidates for importing/ outsourcing in Vietnam?
A: Vietnam has been preferred location for manufacture of numerous products for the last 15 years. Especially, since Vietnam became a member of World Trade Organization, the demand from global customers will continue to grow rapidly.
Almost everything can be manufactured in Vietnam. The best candidates are goods that include high labor content. Here are some product categories we can assist you:
Air Conditioner · Apparel · Automotive Parts · Electronics/Machinery · Furniture · Home & Office · Hardware Products · Lighting Parts & Accessories · Metal Products · Plastic & Rubber Products · Shopping Car · Sporting Goods · Tooling & Dies · Toys · Tractor
If you have specifications, engineering drawings and product samples, we can source your product in a short time at very low cost while maintaining high quality.

Q: How can I look for the best matching suppliers?
A: In fact, at present many companies with strong potential but it is difficult to find suitable partners, leading to losing investment opportunities. With a team of experienced specialists, ABIX will assist customers to resolve this situation.
ABIX will provide customers with import support services such as finding Vietnamese sellers, searching the source of goods in accordance with the requirements, advising procedures of import from Vietnam.
All those above packages were combined skillfully to create a general power making ABIX become the gate opening business opportunities for customers. ABIX always consider the prestige and responsibility as the leading task by The satisfaction of customers is Our success.

Q: Are there minimum order quantities requirements?
A: There are no minimum order quantities requirements. However, we prefer order with purchase amount exceed US $5,000. The reason for this is, if you are looking for small quantities for a low priced item, you may find that clearing customs, duty, freight, and wire transfer fees cost more than the item you are looking for.

Q: How does the shipping work?    
A: We usually quote your product with FOB a major port in Vietnam. We'll take care of everything in Vietnam, like shipping in Vietnam, taxes and fees; export documentation, custom clearance, etc.

You will need to arrange having the shipment delivered from the Vietnamese port to your door and bear all other expenses like shipping to your country, customs, document fees and inland transportation.
Usually a transportation company and/or a customs broker will do the entire job for you. We will provide you a list of transportation companies/customs brokers we normally work with. ABIX can also handle shipping to your country if required.

Q: Do I have to maintain a Letter of Credit or use an International Wire Transfer?
A : Maintaining Letter of Credit or using Wire Transfer is required in the early stages of working with us. Afterwards you have the convenience of paying by check. This service is offered as an option to customers with credit approval for an additional fee.

Q: Why export to Vietnam?
A: Vietnam is a big market with more than 85 million people. Many Vietnamese are shopaholic. They are very interested in advance and high-quality products, especially goods from Japan, Korea, US, and EU. Wake up yourself to Vietnam’s export opportunities!
The Vietnamese are very health conscience and have a sweet tooth. Exporters will find that the Vietnamese have a budding entrepreneurial spirit. Foreign businesses won’t be dealing with huge corporations, everyday there are more and more small businesses in Vietnam. For an SME, business is now easier.

Q: What products/ industries are the best candidates for exporting to Vietnam?
A: The best candidates for export are electrical/ electronic goods, copper, aluminum, wheat, and non-monetary gold. Nevertheless, the growing middle class is also creating a demand for services and personal care items. More consumers in the middle class are becoming richer. Exporters should keep in mind that 60 percent of Vietnam’s 85 million populations are under the age of 30. Young and affluent people don’t care too much about price but more attention about quality and brand conscious. This generation is driving new consumerism trend when the Vietnamese economy is developing. They cannot afford houses and cars, but they can afford the smaller niceties in life – personal care items such as mobile phones, PDAs, fashion, and good perfume. ‘Green’ baby care and dairy products are also currently in demand, especially healthy dairy beverages.

Q: How can I look for the best matching buyers?
A: Export plays an extremely important role in many enterprises. In fact, at present many companies have strong potential but it is difficult to find suitable partners because of barriers such as, leading to losing investment opportunities. With a team of experienced specialists, ABIX will assist customers to resolve this situation.
ABIX will provide customers with export support services such as finding Vietnamese buyers, advising procedures of export to Vietnam, organizing operations to display products at Fairs.

All above packages were combined skillfully to create a general power making ABIX become the gate opening business opportunities for customers. ABIX always consider the prestige and responsibility as the leading task by the satisfaction of customers is our success.

Q: Why invest/ do business in Vietnam?
For investors, Vietnam looks different in significant ways from 15 years ago. Those differences include legal reforms, the newly established stock market and a breakneck GDP growth record, which has consistently exceeded 7% since 2002. Most important, there is a philosophical understanding among the top leadership that the country needs to engage rather than shirk from the international community, as witnessed by its recent efforts to undertake the sometimes-wrenching structural reforms necessary to join the WTO.
All the good economic and financial news gave international ratings agency Moody's enough reason to upgrade Vietnam's sovereign rating for the first time in seven years, from B1 to Ba3. A recent Merrill Lynch report estimated Vietnam "will be the fastest-growing [Asian] country in the next 10 years, far more exciting [than] Thailand, far more than anywhere else in ASEAN" (the Association of Southeast Asian Nations).

Q: How can I look for the best partners?
A: In fact, at present many companies with strong potential but it is difficult to find suitable partners, leading to losing investment opportunities. With a team of experienced specialists, ABIX will assist customers to resolve this situation.
ABIX will provide customers support services such as finding Vietnamese partners, advising procedures of investing in Vietnam, provide information of investment opportunities. All these packages were combined skillfully to create a general power that leads ABIX to become the open gate of business opportunities for customers. ABIX always consider the prestige and responsibility as the leading task and the satisfaction of customers is our success.

Q: What should I do to enter into Vietnam market?
A: Vietnam is a potential market but also contains many hidden risks. The successful penetration into the business market is a big challenge for many foreign enterprises. Coming to ABIX, you will easily overcome these difficulties.
To help foreign companies to penetrate into Vietnamese market, ABIX provide assistance with the service packages such as: Investment Consultancy, Market Research, Survey industry market, establish representative offices, connect partners, promote trade, hold exhibition, and introduce new products. In order to support customers in building and promoting a brand comprehensively, ABIX develop the services providing media solutions such as web developing services, designing and printing services, and organizing events. If customers have other needs, ABIX willing to research and design a specific program for customers.

Q: How can I get the best services of branding?
A: In order to support customers in building and promoting a brand comprehensively, ABIX develop the services providing media solutions such as website developing services, designing and printing services, and organizing events. If customers have other needs, ABIX willing to research and design a specific program for customers.

Q: How can I get updated about business news in Vietnam?
A: During the process of construction and development, we have accumulated a huge information quantity with valuable market experiences. That helped ABIX understand deeply culture, challenges and opportunities in the business environment in Vietnam. The program of supporting business information designed by ABIX aims to share the resources with the customers.
Bulletin is the service that provides Vietnam market news according to the specialist. It provides a comprehensive view, helps customers to catch all fluctuations of the market. To receive this bulletin, customers pay fees to subscribe in the quarter. In addition to the above default bulletins, we are willing to provide the specific news according to the demand of customers.
A deep view in each area will help customers clearly understand all the opportunities and challenges for your business. This is the reason why ABIX provide Market Reports that is free of charge or not. In addition to the available reports, we are willing to make topics required by individual customers. Member of any sites under ABIX community have right to read, download the free reports of domestic and foreign organizations that collected by market research group of ABIX. Besides, any member paying cost will receive the reports of the evaluation, synthesis and analysis carried out by ABIX and specific reports of prestigious organizations. In addition, customers that need to make market reports on a specific issue can send a request to market research group of ABIX.
ABIX designed Upcoming Events program to help customer speedy update the major events in the fields of commerce, upcoming trade promotion happening inside and outside the country. The events newsletter is completely free. Events are not fixed for each year but updated continuously on the official web site of ABIX. Members of any site belongs to ABIX community can view and download the list of events in each year. If customers request, we will provide a newsletter updated regularly to you.

Q: Can I receive free newsletters?
A: Newsletter is the news updated periodically about the general situation of Vietnamese economy and the world. It is free for all customers, partners of ABIX to use this newsletter system.

Q: Why should I work with ABIX?
A: An inexperienced foreign company might think that going direct to a Vietnamese supplier/ buyer would result in a lower price than they work with ABIX. However, many of our best customers have tried going direct in the past and failed. After spending considerable time, money and energy traveling to Vietnam, they find themselves months or years later still lacking a strategy, plans and most important - results.
Too many such firms, to conduct business halfway around the world are not easy. Some of the barriers to successful business in Vietnam include, among others, the risk of entering a new region where you have no experience and no physical presence, cultural/language barriers, lack of market knowledge and contacts with governmental/ business authorities, absence of on-site personnel to carry out market research and oversight, and the difficulty in understanding government policies, and legal, tax, customs, and regulatory issues.
By collaborating with ABIX, you can be assured that you get our unparalleled attention and expertise. We provide a worry-free way to importing/ exporting/ investing/ outsource manufacturing to Vietnam and achieve rapid, cost effective results.
At ABIX, our greatest strength is our core team of dedicated professionals. Each of us is well educated Vietnamese and has strong knowledge of doing business in Vietnam. We can speak foreign languages, understand the bureaucracies, are familiar with local laws, tax, customs, and know the high rank government officials. We have contacts, network and team necessary to unlock doors for you.
We facilitate you doing business directly with Vietnamese suppliers/buyers, via either short-term or long-term contractual relationships. We exist to guide you, not to take over the whole process. You have a right to negotiate your own deals directly with suppliers and be involved in every aspect of a trade. We charge a simple flat fee for service offered, that way, you'll have transparency so you'll know exactly where money is going.
We work only with the best suppliers in Vietnam to guarantee you the highest quality of materials, craftsmanship and products. Using our extensive sourcing network, we select three or more qualified Vietnamese suppliers to provide quotes, pricing review and analysis. Our goal is not just to find a supplier in Vietnam; our job is to find the best supplier in Vietnam.
If you are serious about achieving real savings and improving your competitiveness, then a partnership with ABIX is the smartest and easiest way for you to do it. Substantial cost savings will allow you to look at very new ways to grow your business.

Q: How can I be sure of quality of products/ services?
A: When working with ABIX you can be assured that products you attend to always meet your specifications every time.
We co-ordinate with suppliers, send teams of experienced qualified inspectors to travel to the factories, and inspect your product.
We ensure the production samples from supplier will match your specifications.
We carry out an online inspection during the production run ensuring product integrity and consistency.
On completion of the bulk production, we check finished product quality, inspect the product packing and ensure timely shipment.
Where quality of the product is found not to be acceptable to our high standards (i.e. Your requirement) we will negotiate on your behalf with your suppliers to re-work the goods and agree a revised schedule. If time permits, we will again inspect the re-worked goods to ensure an acceptable result.
Throughout all production stages we update you with weekly reports so that you can follow your order every step of the way.
The key to our success is communication and attention to detail, both with you and supplier. The benefit to you is total peace of mind.
Since the establishment until now, ABIX has incessantly renewed technology, improved skills and quality of service to provide accurate, honest information for customers with effective advices. In addition, we support enterprises building and promoting a brand comprehensively, help customers achieving the best business results.
For the purposes of a reliable trading connection between enterprises, creating the authentic value to customers, ABIX welcome domestic and foreign investors with long-term strategy. A sustainable ABIX brand with specific strengths will bring the benefit to investors definitely.
Owning modern technical material facilities and professional staff trained well, with many experiences in the field of commercial activity, currently ABIX have been striving to become the leading commercial and investment Consultant Company in Vietnam.

Seizing market information quickly and accurately is an important step to achieve success. Therefore, we have designed the program "Business Information to serve the needs of customers.

This program provides customers with important information about fields such as economics, business news, investment, market events as well as activities of domestic and foreign partners from more than 300 newspapers, 500 web sites, and 30 radio and television channels. This is a specific service to help customers regularly updating the information from the general to the specific in many areas of business environment as finance, real estate, import-export, technology, automobile, agriculture… This service also allows customers to obtain information about business environment quickly, accurately and generally of a business.

ABIX will provide information to customers as a periodical free news packet (newsletter), a periodical special news (bulletin), or requested information (report, hard news alert, press monitoring, and contact sourcing ...)

Selected information will be sent to customers in many forms (fax, e- mail, specific news reading software ...) at any time requested (immediately after publishing the news, everyday, and every month or at the time that customers registered). With multidimensional and general information sources from partner network promoting global trade of ABIX, customers will be easy to access business opportunities inside and outside the country.

Biz
information
program

Vietnam is a potential market but also contains many hidden risks. The successful penetration into the business market is a big challenge for many foreign enterprises. Coming to ABIX, you will easily overcome the difficulties.

To help foreign companies to penetrate into Vietnamese market, ABIX provide assistance with the service packages: Investment Consultancy, Research, Survey industry market, establish representative offices, connect partners, promote trade, hold exhibition, and introduce new products. In order to support customers in building and promoting a brand comprehensively, ABIX develop the services providing media solutions such as web developing services, designing and printing services, and organizing events. If customers have other needs, ABIX are willing to research and design a specific program for customers.

Market
entry
program

Import and Export play an extremely important role in many domestic and foreign enterprises. In fact, at present many companies with strong potential but it is difficult to find suitable partners, leading to losing investment opportunities. With a team of experienced specialists, ABIX will assist customers to resolve this situation.

ABIX will provide customers with export support services such as finding buyers, sellers, searching the source of goods in accordance with the requirements, advising procedures of import and export, organizing operations to display products at Fairs at home and abroad...

All above packages were combined skillfully to create a general power making ABIX become the gate opening business opportunities for customers. ABIX always consider the prestige and responsibility as the leading task by the satisfaction of customers is our success.

Exim
support
program
If you have any consideration about ABIX, please feel free to contact us:
or
Address: 25 Tong Dan - Hoan Kiem District - Ha Noi
Phone: (84-4) 22412903 / 22412943
Fax: (84-4) 39343042
E-mail: sayhi@abix.vn
We are always happy to serve you!
Live
support