Canonical: https://unicorncurrencies.com/industries/electronics-distribution/vietnam/

# Intelligence: Electronics Distribution in Vietnam

## Industry Context

- **Payment pressure:** Product obsolescence risk (payments before inventory turns); High value shipments (£200k-£1M+)

- **Operational control:** fast wallet-to-wallet movement where supported for just-in-time inventory; Lock rates on bulk orders months in advance

## Country Context

- **Use case:** Pay Vietnamese manufacturers for textiles, electronics, furniture

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **Bank Code + Account** (Bank code and account number (SWIFT for international))

- **Regulatory:** State Bank of Vietnam (SBV) foreign exchange controls; Tax identification number (TIN) required for suppliers

## Key Industries in Country

- Textile & Garment

- Electronics Assembly

- Furniture

- Footwear

- Agriculture