To avoid the risk of being scammed when cooperating with factories in Vietnam, you can take the following measures.

Step 1: Check factory information: Before cooperating with any factory, carefully check information about them, including operating history, reputation, reviews from previous customers. You can check via the internet, google or through a sourcing agent like www.sourcingvietnam.com.vn, we will help you check the factory information is accurate and real.

Step 2. Request legal documents: Ask the factory to provide legal documents such as business license, labor contract, product quality certificate to ensure the accuracy and legality of the product. information. Vietnam sourcing agents can also help you check this step.

Step 3. Visit the factory directly: If possible, you should visit the factory directly to check the facilities, production process, product quality and meet directly with the management team. You can contact the Vietnam sourcing team, they can help you book air tickets, book tours and arrange for you a tour to visit the actual factory. The sourcing agent will take you on a tour of many different factories on your request list. If you cannot come to Vietnam to visit the factory, sourcing Vietnam will effectively replace you.

Step 4: Sign a clear contract: Sign a detailed, clear contract on terms, schedule, product quality, and commitment to information security to ensure the interests of both parties.

Step 5: Make safe payment: Normally factories in Vietnam want to pay TT but very few factories pay in the form of LC. So to avoid paying in advance or paying the full amount before receiving the goods. Please make payments according to schedule or according to the agreed contract to avoid the risk of fraud. Normally factories in Vietnam will require you to deposit a minimum of 30% of the contract value and pay the rest 7 days after the ship leaves port. Vietnam sourcing agent will help you check whether the factory actually produces the goods for you or not after you transfer 30% of the contract value. Sourcing Vietnam will help you check the quality of goods before shipment to ensure the goods meet the required quality before you transfer the remaining 70%.

Step 6: Use an intermediary service such as sourcing Vietnam through the website www.sourcingvietnam.com.vn. If necessary, you can use the services of intermediary companies or commercial agents to help you check and evaluate potential partners. Sourcing Vietnam will ensure you do not lose money or get scammed in Vietnam.

By taking the above measures, you can minimize the risk of fraud when cooperating with factories in Vietnam.
Thank you and see you again in the next videos