Tag: Vietnam
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Vietnam’s Franchising Development Potential
The economy of Vietnam is growing fast, building a middle class, with changing demographics. All this presents a fertile ground for any franchising opportunities. While it might come with huge potential, Vietnam has not yet positioned itself on the global franchising map.Franchising, an idea that has been experimented with at the level of maturity of…
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Challenges and Barriers to SMEs in Vietnam
SMEs play a very important role in the economy of Vietnam, representing more than 97% of the total number of enterprises. According to the World Bank report in 2023, such companies create about 36% of job opportunities and comprise about 40% of GDP. While SMEs play an important role in increasing economic growth, many challenges…
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Vietnam’s E-commerce Key Insight: The Latest Report
E-commerce in Vietnam is growing, recording $20.5 billion in revenue in 2023, driven by expanding access to the internet and developing middle class with increasingly evolving customer habits. Other popular platforms like Shopee and TikTok Shop hold sway over the market, while social commerce and mobile-first strategies catalyze its rapid growth. In other words, e-commerce…
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Vietnamese Market’s Challenges & Development in the Printing & Marketing Industry 2024
Vietnam’s printing industry has experienced remarkable growth in recent years, with revenue increasing by an average of 10% each year between 2010 and 2020. The industry makes up roughly 1% of the national GDP and employs approximately one million people. However, the industry is under increasing pressure from new technologies such as digital and 3D…
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Vietnamese Market’s Challenges & Development in the Printing & Marketing Industry 2024
Vietnam’s printing industry has experienced remarkable growth in recent years, with revenue increasing by an average of 10% each year between 2010 and 2020. The industry makes up roughly 1% of the national GDP and employs approximately one million people. However, the industry is under increasing pressure from new technologies such as digital and 3D…
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Vietnam’s Logistics Sector Emerging as a Leading Force in Asia
With a rapidly growing economy and a young, educated workforce, the potential for success in Vietnam is infinite. Vietnam’s favourable population distribution, strategic location in Southeast Asia, and investments in infrastructure provide investors with easy access to a large and growing market, especially in the logistics area. The logistics industry in Vietnam offers a wide…
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Vietnam’s Steady Growth Creates Franchise Opportunities in Business Services
The franchise industry is a wonderful opportunity for many entrepreneurs to start their own entrepreneurial activity. The steady growth in the Vietnamese economy has made the opportunity even better. Vietnam has been rapidly developing for a number of years now, and its growth doesn’t appear to be ending anytime soon. Between 2010 and 2019, Vietnam…