Explore MLM Potential
Opportunity in Vietnam
www.vim2u.com
The Socialist Republic of Vietnam
Mainland Territory: 331,114 sq. km.
(127,243 sq. mi.)
Population: 90,549,390 (July 2011 est.)
National Capital: Hanoi
Lying on the eastern part of the
Indochinese peninsula, Vietnam is a
strip of land shaped like the letter “S”.
Total Length: 1,650KM
Width
North: 600km
Middle: 50Km
South: 400Km
Coastline: 3,230km long
Vietnam is also a transport junction from the
Indian Ocean to the Pacific Ocean.
Vietnam Government
President-- Truong Tan Sang Prime Minister--Nguyen Tan Dung
National Assembly Chairman--Nguyen Sinh Hung Minister of Foreign Affairs--Pham Binh Minh
Ethnic groups in Vietnam
Kinh 85.7%
Tay 1.89%
Thay 1.8%
Muoang 1.47%
Hmong 1.24%Khmer1.46%
Nung 1.12%
Chinese 0.95%
Religions in Vietnam
Catholicism
(8%-10%)
Buddhism (approx. 50%), Cao Dai (1.5%-3%),
Islam (0.1%),
Vietnam Currency Exchange
Vietnam Dong versus:
(unit of 100,000)
American Dollars: 5USD
Singapore Dollars: S$6
Malaysia Ringgit: Rm14
Vietnam GDP Growth Rate
The Gross Domestic Product (GDP) in
Vietnam expanded 6.1 percent in the
fourth quarter of 2011 over the same quarter,
previous year. Historically, from 2000 until 2011,
Vietnam's average quarterly GDP Growth was
6.61 percent reaching an historical high of 8.46
percent in December of 2007
Vietnam is a developing economy in the
Southeast Asia. In recent years the nation has
been rising as a leading agricultural exporter
and an attractive foreign investment
destination. Vietnam's key products are: rice,
cashew nuts, black pepper, coffee, tea, fishery
products and rubber. Manufacturing,
information technology and high-tech
industries constitute a fast growing part of the
economy. Vietnam is also one of the largest oil
producers in the region
CEO: 17-20 million vnd
Professional: 9.2 -15 million vnd
Banking Officer: 7.6 – 10 million
vnd
Pharmacy: 6-8 million vnd
Food and Textile industry labour
worker: 2-4 million
Secretary: 2-4 million vnd
Approximate average income from States
owned companies
Officer and employee : 1/3 to 1/5 wages of
private sectors hold position.
Average Income from Private Sector
2 Biggest Cities for
MLM Market in
Vietnam
Hanoi
6.472
million People
Ho Chi Minh City
11.163
million People
Law on Investment No.
59/2005/QH11 dated
29 November 2005
(“Investment Law”);
Law on Enterprises No.
60/2005/QH11 dated
29 November 2005
(“Enterprise Law”);
Law on Competition
dated 3 December
2004 (“Competition
Law”)
Currently all foreign invested projects in Vietnam are governed
by the following main legal regulations:
Decree 88/2006/ND-CP dated 29
August 2006 guiding the
Enterprise Law (“Decree 88”);
Decree 108/2006/ND-CP dated 22
September 2006 guiding the
Investment Law (“Decree 108”);
Decree 110/2005/ND-CP
dated 24 August 2005
providing on management
of multi-level selling
activities (“Decree 110”);
MLM VIET NAM MANAGEMENT TEAM
Director of Viet Nam Competition Authorizy
BẠCH VĂN MỪNG
Deputy Director of DOIT of HCMC
TRẦN VINH NHUNG
MLM MANAGEMENT VIET NAM
PHAN DUC QUE
MLM MANAGEMENT & CONSUMER
PROTECTION , DOIT NGUYEN KHAC HIEU
Decision 10/2007/QD-BTM dated 21 May 2007 issued by the Ministry of
Trade (now the Ministry of Industry and Trade – “MOIT”) announcing
the roadmap of activities of purchase and sale of goods and activities
directly related to purchase and sale of goods (“Decision 10”);
Decree 23/2007/ND-CP dated 12 February 2007 providing regulations
for implementation of the Commercial Law regarding purchase and
sale of goods and activities directly related to the purchase and sale of
goods by enterprises with foreign owned capital in Vietnam (“Decree
23”);
1st,September 2009 allow 100 % Foreigner own
And
Commitments
Vietnam made
upon its
accession.
the WTO (“WTO
Commitment”).
Understand Network Marketing
Potential in Vietnam
1998 –
MLM Business Start in Vietnam
2004-
about 20 companies
sell Health care and
Beauty care Products
in Vietnam
2005-
Decree 110 took effect
* legal framework form to protect
true companies and distributors
* Administration of multi-level
selling activities.
in
October, 2009, Vietnam
Multi-level Marketing
Association was established
www.mlma.org.vn
Appointed Truong
Thi Nhi (General
Director of Forever
Living Products
Vietnam as president
MLMA VIETNAM KEY
PEOPLE
MLMA – CHAIRWOMAN
TRƯƠNG THỊ NHI
MLMA - LAWYER VO DAN MACH
Deputy Office Manager
Thay 1.8%
In 2011, for many reasons, multi-
level marketing broke out
powerful and created a wave in
Vietnam
2012
Ministry of Industry
and Trade, Vietnam
Announce 77 enterprises are
granted registration
of Multi-level
Marketing License
Foreign Direct Investment
has reach 13 companies.
Hanoi : 38
Ho Chi Minh City : 36
Dong Nai province: 01
Binh Duong province : 01
Hai Duong province: 01
Sales Figures of MLM Vietnam
614,317
1,033,301
1,581,817
2,513,760
2,849,674
4,051,084
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
2006 2007 2008 2009 2010 2011
Doanh thu bán hàng (triệu đồng)Averagely increase 45.5% in 6 years
Average yearly growth of 31.6%
235,783
352,043
504,728
666,156
881,128
1,003,607
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
2006 2007 2008 2009 2010 2011
People participating in MLS of goods
MLM Products Registration
1,9902,245
1,939 1,994
3,132
4,447
0
1,000
2,000
3,000
4,000
5,000
2006 2007 2008 2009 2010 2011
Số lượng các mặt hàng/sản phẩm đăng kí BHĐCAverage yearly growth of 17.4%
Some 100% Owned MLM
companies in Vietnam
100% Owned MLM Companies in Vietnam
Tiens
100% Owned MLM Companies in Vietnam
Amway Synergy Vietnam
100% Owned MLM Companies in Vietnam
There are only 1,000,000 Network Distributors in Vietnam
today
Tax Collected in Vietnam
2010
Tax Paid to Government 412, 288 Billion Vietnam Dong
(Around 20 Million USD Dollar)
Revenue not tax: 2,663,869 Billion Vietnam dong
( 133 Million USD Dollar)
In 2010, Multi-
level Marketing
got 2252
billion profit,
(113 Million USD)
Increased 4
times compared
with 614 billion
(31 Million USD)
the 4 previous
years.
Explore MLM Potential
Opportunity in Vietnam
www.vim2u.com