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Markets in
Asia | Vietnam
Business sectors of opportunities in Vietnam
Tourism
There is enormous potential for Tourism in Vietnam's 3200 kilometre coastline.
Nha Trang city, the island of Phu Quoc, Phan Thiet and Halong Bay could be a
prime resort destinations in Asia as Thailand's Pattaya or Indonesia's Bali.
The country has a firm plan of substantial investment, along with help from foreign
companies, in infrastructure, urban development, accommodations and resort attractions.
Real Estate - Commercial and Residential
Vietnam has created their first Housing Law legal framework for the ownership,
lease and use and management of houses, including apartments by local and foreign
individual individuals and companies.
Franchising
Franchising in Vietnam is a relatively new phenomenon, but one that offers significant
commercial opportunities.
Internet Usage & Online Markets
Internet usage amongst individuals and companies quickly increasing: 14.5 million
internet users, or 17.5% of Vietnam's 84 million, are on online. Over 92% of
registered companies have internet connection, 815 have broadband or better connections.
Online markets will develop as disposable income levels rise.
Manufacturing - Outsourcing and Offshoring
For apparel companies, furniture businesses and textile manufacturers
should consider shifting their low-productivity, labour-intensive operations
to Vietnam. Overall wages are cheaper than China and India.
Energy Demands: Oil and Gas Processing
Vietnam's growing economy is increasing the demand for energy in all sectors.
Also, along the coast of Vietnam oil exploration is increasing with encouraging
results which will bring a need and oil & gas refinery technology and
services.
Environmental Technology
Vietnam faces environmental challenges as a result of rapid economic development,
population growth and urbanization. Critical areas that need to be addressed
are solid waste processing and water pollution clean-up.
Medical Equipment and Services
The demand for services in this sector of Health and Welfare in Vietnam is growing.
Exporters of medical equipment and health related service providers (health care
facilities, hospitals, etc.) will find a country, with GDP growth over
7%, in need of modern facilities, pharmaceuticals and services.
Education & Training
There is a significant demand for vocational and language education and training
development in Vietnam.
See Business opportunities in Vietnam
digi-escape's Business Partners in Vietnam
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