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  • 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.

    http://www.vietnamtourism.com/e_pages/country/province.asp?uid=71

  • 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

    http://en.wikipedia.org/wiki/Forever_Living_Products

  • 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

    1,990 2,245

    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 BHĐC Average 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

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