Business Partner Connection
Tran Nguyen Seven facilitates connections between businesses, factories, and Vietnamese partners seeking to engage in international import and export activities. Leveraging a team of experienced professionals and an extensive global network, we assist in locating international partners, advising on import and export processes, and ensuring adherence to international legal and trade regulations.
Vietnam is known for its abundant, cost-effective labor and large-scale manufacturing capabilities, as well as a diverse range of agricultural products, including key exports like rice and cashews. We are dedicated to helping you connect with high-quality partners at competitive prices, optimizing your business opportunities and growth.
Business Partner Connection
Evaluation and pre-selection will be conducted based on predefined criteria to identify relevant partners, including suppliers, customers, and distributors. Comprehensive travel planning and support will be provided during your visit to Vietnam.
Vietnam is one of the fastest-growing markets globally, with PWC projecting an average annual GDP growth rate of 5.1% until 2050. This growth is primarily driven by the positive momentum in the local manufacturing sector, creating numerous opportunities for international companies in sales and procurement.
Procurement:
Low wages, favorable legal conditions, and a strategic geographic location have positioned Vietnam as a key hub for markets in East Asia and beyond. Local manufacturers are increasingly seen as attractive alternatives to Chinese suppliers, particularly in sectors such as metal processing, electronics, and textiles.
Distribution:
Vietnam's manufacturing industry has a growing demand for machinery, equipment, and related products and services. Additionally, the country’s ongoing industrialization is fostering a wealthier middle class that values high-quality German consumer goods. As wages rise, the construction sector is also experiencing significant growth, leading to soaring demand for premium building materials and services for both above- and below-ground projects.
Challenges in establishing business relationships in Vietnam
International companies often encounter two main obstacles in Vietnam. First, locating potential business partners online can be challenging, as many local company websites are either non-existent, provide limited information, or are only available in Vietnamese.
Second, even when data on local companies is accessible, reaching out to them can be difficult. Foreigners calling Vietnamese companies in English frequently face language barriers, while emails often go unanswered. We can help you overcome these challenges by providing a tailored business partner search that connects you with the right local contacts.
Process of business partner search
Step 1: Finding potential partners
Step 2: Approach and evaluation of potential business partners
The long-listed companies are contacted via phone. The direct approach conducted by our Vietnamese staff and our good reputation in Vietnam are working as a “door opener” for you. We introduce your company and your partnership intentions to the long-listed enterprises. Afterwards, we evaluate their ability to cooperate and their interest into a cooperation with you. The result will be a final report, in which we introduce the interested and available partners with comprehensive company profiles and the findings of our evaluation.
Step 3: Travel planning and accompaniment during partner visits in Vietnam
Optional: RFQ (sourcing projects)
In certain instances, local companies in Vietnam may struggle to compete due to a lack of "economies of scale" and high input material costs. For specific products, we strongly recommend requesting offers prior to your visit to Vietnam, allowing you to identify non-competitive suppliers and save costs. Given that local companies often respond slowly to RFQs from non-personal contacts, we can assist you by managing this process and facilitating timely communications.
