In this video, we break down the crucial Incoterms (International Commercial Terms) that impact global trade, especially when sourcing from Vietnam. Learn the differences between common Incoterms like EXW, FOB, DDP, and CFR—each affecting shipping costs, risk management, and customs handling. We’ll explain the responsibilities of both buyers and sellers and provide a real-world example to help you navigate your procurement process more effectively. Plus, discover how working with a trusted sourcing partner like Vietnam Direct Sourcing can streamline your sourcing journey and reduce risks.