Setting up an Overseas Cosmetics Manufacturing Unit

This report sets out to analyze why Vietnam can be considered as a location for the new manufacturing unit.

First, Vietnam is geographically situated closer to one of our biggest markets — China; therefore shortening shipping time and making transportation convenient. Second, the average overhead costs in Vietnam are relatively lower, resulting in higher profit margins. Last, the average wage is set quite low which is in direct relation to the education level of the workers.

It is proposed that a series of training courses for the employees is conducted to overcome this problem (hurdle).

As a result, Vietnam is an ideal location for our overseas cosmetics plant.

Group number: Neil、Ruby、Yi-Hsin