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hi this is anita the global trade gal
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today i want to talk a little bit about
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why companies should look to source
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product from vietnam now as my company
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manduro we are in home decor and home
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furnishing a lot of the focus of this
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will be upon something which we know
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which is home decor and home furnishing
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but i'll also talk a little bit in
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general why companies might want to look
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to source products from vietnam
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especially if now all of your production
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is in china you may want to look to be
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able to source some product and
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vietnam why vietnam continues to be a
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top choice for sourcing products and
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especially for my own industry home
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decor product there's many reasons why
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vietnam is a sought-after um
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destination you know for many types of
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sourcing but it also you know vietnam
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young population you know over you know
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half the population is quite young it
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doesn't have a population like japan or
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other places where the population is
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starting to age out in fact vietnam has
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a very young population
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so you know this you know means that you
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basically have a pool of people who are
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looking to be employed or or that want
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to be employed that want to work if
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you're looking for manufacturing it's
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you know known for its you know rich
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artistic type of heritage has a very
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skilled labor force education among the
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vietnamese is extremely important so
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education has always been very important
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in fact vietnam has a higher literacy
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rate than many other western countries
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their literacy rate is extremely high
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here and one of the reasons why is
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because among the vietnamese themselves
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education or uh being literate has
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always been a very important thing
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vietnam has been rising in the home
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decor at least in my industry in in the
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manufacturing and part of it is because
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of skilled artisans with generations of
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craft knowledge competitive labor cost
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rich local materials there's lots of
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materials you can find here strategic
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trade agreements they've had with the
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you know us eu and beyond right now with
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the us that trade agreements having a
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bit of a problem with some of the
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tariffs but i i believe it will work out
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because the vietnamese are are quite
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pragmatic in their view on these things
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and the government has a lot of support
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for manufacturing and for export a lot
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of there's a skilled workforce as i
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mentioned a young workforce there's a
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lot of people you know it's vietnam is a
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very young population that is um you
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know looking to to be able to find jobs
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and to be able to work and the
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vietnamese themselves are very hard
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workers they want to work they have sort
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of like that same you know work ethic as
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many of the chinese have and that they
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want to work and they want to be able to
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work hard there's a lot of local
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materials that are available you know
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they have a lot of bamboo they have
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retan um there's wood uh water
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hyestinrass they have you know other
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types of materials that can be used
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ceramics the clay and and other things
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which can be used to be able to produce
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all types of at least home decor
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products if you're looking for things
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like stone they have some of the natural
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resources here too and some of the
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mining operations going on there's a lot
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of different types of local materials
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become more available and you know
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they're constantly developing new types
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of material and new types of things and
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and new types of manufacturing is going
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on here they can be relatively
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i mentioned in a previous podcast that
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we were looking at some other you know
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asian countries and i found that vietnam
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was 100 to 300% cheaper than some other
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countries that we were looking at which
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is significant i mean it's huge you know
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they may not be as cheap as china on
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some items but they can you know be as
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competitive and go neck andneck with
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china so if you have a brand and you're
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looking to say i don't want to be so
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china dependent you know vietnam would
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definitely be the location for you to
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look at and and check out you know
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especially depending upon what type of
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product it is but generally speaking i
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would say that vietnam offers a lot of
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manufacturing opportunities vietnam has
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a lot of great infrastructure and port
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access there's a you know there's quite
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a few major ports the two major ports
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are um you know down in ho chi min and
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in and and in hi hiong which is outside
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of hanoi you know there's also you know
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there's some other smaller parts like in
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the central part and quan and you know
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in other places like that so vietnam
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does have ports where you can ship the
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goods out if you look at a map of
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vietnam you'll see that it's a very long
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sort of skinny narrow country that has a
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long coastline so you know because of
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that they were able to be able to you
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know build the other ports and get
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things out you know of their country
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quite easily you when you look at china
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you know china has a long coastline too
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but china also is a very you know large
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country so if something is in the
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western part of china it still has to go
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to the eastern part to be able to get
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out on the ship whereas vietnam because
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the country is sort of long and narrow
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it's not such a huge distance to travel
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from if your manufacturing is on one
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side of the country to get to the port
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it's not such a huge distance as it may
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be for another country so there is sort
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of that you know type of advantage in
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the fact that they you know have these
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major ports and have been investing in
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major ports and they've been investing
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and be able to get these containers out
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they have some great you know design
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capabilities and customizations that
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they're willing to do for the production
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you know that a lot of the vietnamese
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factories are are really you know they
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are not afraid to do your design to try
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your design generally speaking can do
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things maybe that's different than some
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of the chinese can do there are things
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that definitely are produced here in
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vietnam which china does not do and you
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know vice versa there's things in china
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which vietnam doesn't do too but you
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know a lot of the you know production
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and other capabilities that are you know
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here if it if it fits in with the type
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of look that you have or your you know
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your brand or your product there you
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know there can be some really you know
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great um techniques here i really
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believe in vietnam there's a lot of
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ethical and socially responsible
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manufacturing you know where you know
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companies are looking to provide fair
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wages and safer working conditions to
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avoid child labor and exploitative
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practices and you know follow
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environmental and waste reduction
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protocols i want to talk a minute about
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child labor because in especially in a
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lot of the major cities you know
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education is very important to most
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vietnamese families so they are not you
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know unless they're really destitute for
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some reason will not have their you know
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children out there working you know in
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in a factory they would want their child
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to go to school because education is
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important to the vietnamese and that's
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why as i mentioned before there's a very
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high literacy rate we found that there's
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a consistency quality control here yes
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like any other place in the world there
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can be some you know problems and and
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other types of issues but generally we
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have found that when you say to them
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that this is not up to standard they'd
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be willing to fix it and you know we can
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be able to get it fixed before we ship
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it out you know that's why you know muro
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for us quality is extremely important
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i've mentioned this before that a lot of
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times we will do 100% inspection we will
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look at things you know 100% you know
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for while things are in we we do two
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types of inspection we do one which is
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called the due pro which is during the
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process inspection meaning we check the
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goods as they're in the manufacturing
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process and many times you know my my
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team is there while they're actually
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packing the goods up so we see exactly
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what is being packed and part of that is
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because most of my customers you know
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medium to higher end and if there's
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problems or complaints we hear about it
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it cost us money so we want to make sure
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that the goods that we're producing are
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up to the standard and the quality that
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is required you know these are many
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reasons why you know vietnam i find is a
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great place to be able to produce
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product it's a great place to build
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source product that's why it's continues
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to be an important manufacturing hub and
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i believe will continue to be an
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important manufacturing hub for many
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years to come this is anita from the
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global trade gal we've hope you've
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enjoyed this we've written a blog post
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on this i will put it into description
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it's called why source home decor
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products from vietnam even though i
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specifically talk about home decor
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products if you have other products that
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you're looking at it may also give you
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some ideas of some reasons why you
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should consider to source your products
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from vietnam or look to vietnam as a
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manufacturing base for some of your
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products we've hope you've enjoyed this
8:59
podcast thank you so much for listening
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