Online report features gifts, novelties, stationery and promotional items, plus a listing of 100 export suppliers

HO CHI MINH CITY, VietnamThe Hinrich Foundation released the Vietnam Sourcing Report: Gifts & premiums 2017 with the support of its partner in export development, Global Sources.

The online report includes a listing of 100 export suppliers and profiles gifts, novelties, stationery and promotional items. It also features an overview of the industry, new product features, price guides and export data. PDFs of each section are available to download for free online.

Handmade, eco-friendly models still on trend

Vietnam suppliers are expanding their selections of handcrafted gifts and premiums, as demand for such products remain high, especially for those made of natural and environment-friendly materials. Makers are turning to sustainable inputs such as palm leaves, seagrass, bamboo and jute, which are locally available.

“Craft gifts are popular exports of Vietnam’s gifts and premiums industry because of their unique designs,” said Ly Nguyen, export consultant for the Hinrich Foundation.

Recent releases include products featuring motifs from other countries, as well as the local culture. Many designs also have irregular shapes or abstract patterns, in contrast to traditional products that typically depict floral or religious themes.

Suppliers and products

Established in 2009, Bat Trang KNK Co. Ltd in Hanoi province offers ceramic vases with lacquer finishes. The company’s selection includes irregularly shaped designs, some of which come in sets that form a pattern when placed side by side.

Hiep Phat, a wooden crafts supplier in Ho Chi Minh City, offers novelty-shaped clocks and baskets. Its products also include puzzle boxes and intarsias featuring animals and flowers.

Tuong Minh Craft Co. Ltd, a Ho Chi Minh City-based supplier that specializes in quilled paper crafts, offers greeting cards for various occasions. Its selection includes products that feature the Western zodiac. The company, which has been operating since 2009, also makes colorful earrings in flower and animal shapes.

The report further shows:

– Customs does not specifically track exports of gifts and premiums, but statistics for general product lines indicate that overseas sales are on an upward trend. Exports of paper, wooden, ceramic, bamboo and rattan products in the first eight months of 2017 were up 12 percent year over year, according to preliminary data from the General Department of Customs, Ministry of Finance of Vietnam.

– The major importers of the products were the US, Japan, South Korea, China and EU member countries.

– Prices of Vietnam gifts and premiums have generally remained stable in the past 12 months.

Vietnam Sourcing Report: Gifts & premiums 2017 is one of a series of online Sourcing Reports covering emerging Asia supply markets. A full version of the report can be viewed here.

Other related Sourcing Reports available are: Gifts & premiums, Philippines; Craft gifts, India and Indonesia; and Wooden crafts, Laos.

Sourcing from Vietnam buyer’s guide

To help buyers new to Vietnam sourcing, the Hinrich Foundation has prepared a guide that provides an overview of the industries and products available.

Buyers will also learn how to find and evaluate reliable suppliers, available banking options, common methods of payment, shipping details and steps to avoid or settle trade disputes.

Download the report