With years of tradition and experience in the ceramics field, the industry being valued at 326 million USD in 2018 is predicted to grow even further. However, Vietnam has always been in fierce competition with China. So why Vietnam should be your sourcing destination for ceramics?
Here are 3 reasons to source your ceramic products in Vietnam:
Positive economic environment
The free market economy was the main breakthrough into opening up the country by the Communist Party in the 1990s. Vietnam has indeed benefited from steady growth, stable politics and openness to foreign investment.
As of 2019, foreigners are allowed to open business much more easily in Vietnam. Hence, foreign companies can be now closer to all their potential Vietnamese manufacturing suppliers.
Pottery manufacturing hub
Manufacturing has been the main beneficiary of free-market policies. In the provinces of Dong Nai and Binh Duong, multiple industrial zones and factories are available for foreign clients’ sourcing needs. Moreover, massive immigration flux helped populate these regions with young, skilled and available workforce.
These provinces are also historical ceramic production spots for decades with Lai Thieu and Bien Hoa. Workers with years of experience helped shape a younger workforce with pottery and handicrafts skills. At its peak, the region had more than 1,000 kilns made up with traditional potters and craftsmen.
Thanks to these efforts combined with traditional know-how, Dong Nai and Binh Duong are the main hub for ceramics in Southern Vietnam.
Favourable trade agreements
Vietnam being the direct neighbour of China has greatly benefited from the recent trade war with the US. Lower taxes, cheaper labor and equal ceramic skills are the main benefits of moving production from Chinese factories to Vietnamese manufacturers.
Not only Vietnam is benefiting from trade with the US, it will also soon benefit from the European Union. Signed in 2016, the EU-VN Free Trade Agreement is finally coming to fruition in the coming quarters. In particular, the Vietnamese ceramics industry will benefit from a 0% export tax level.
Minh Tien Ceramic has been exporting since 2000 to the European, American and Asian markets. Our products’ quality and fair pricing will help guarantee satisfaction for your end customer.
Contact us here for your ceramic needs!