Vietnam Market for Franchising By U.S. Commercial Service – Vietnam March 2011 Overview The franchising model is popular and well-suited to a developing economy like Vietnam. Rising incomes and an emerging middle class are generating growth in consumer-driven sectors. There is considerable demand for lifestyle-oriented products and services‚ as well as growing interest in western-style food and beverage concepts. Franchising first took hold in Vietnam in the 1990’s with the appearance of well-known
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answering question‚ "What is my market share?" Fixed in the question is a series of related business issues. The underlying themes typically include the following: Market demand - "How many dollars are there in this market for our product?" Market potential - "How much of the potential in the market can we capture?" (Tipp 2001). This paper attempts to estimate the market demand and potential of Personal Digitial Assistant (PDAs) in a defined geographic market of the State of Maryland. The study
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Market Potential Indicator Several indicators are used in developing this Market Potential index. According to Global Edge‚ these indicators are market size‚ market intensity‚ growth rate‚ consumption capacity‚ commercial infrastructure‚ receptivity‚ economic freedom and country risk (Market Potential Index‚ 2014). Measures used to calculate market size is urban population and electricity consumption. GNI per capita and private consumption as a percentage of GDP were the measures used to calculate
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Franchising in Vietnam Page 1 of 5 Franchising in Vietnam Le Anh February 2011 Summary The franchising model is popular and well-suited to a developing economy like Vietnam. Rising incomes and an emerging middle class are generating growth in consumer-driven sectors. There is considerable demand for lifestyle-oriented products and services‚ as well as growing interest in western-style food and beverage concepts. Franchising first took hold in Vietnam in the 1990’s with the appearance of well-known
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........................................ v Executive Summary........................................................................................ vi Potential Market Segmentation of a Brand New Product Product Potrayal................................................................................. vii Potential Market Segmentation..................................................................... viii Segmentation Profile..............................................
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RISKS AND CHALLENGES OF EMERGING MARKETS The above stated reasons‚ means and advantages of investing in emerging markets have resulted in the emergence of these economies on the global stage. The BRIC economies‚ Turkey‚ Poland‚ Czech Republic‚ Tunisia‚ Republic of South Africa‚ Chile‚ Peru‚ Argentina‚ and Indonesia are increasing their share of global trade and serving as the main engines of growth in the world economy. Trade among these countries has also grown by a staggering amount in recent
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suffer from severe hearing impairments and deafness. In Australia‚ nine out of ten people choose Cochlear‚ this shows that they are truly the industry leader. However‚ in today’s mist of globalisation‚ what factors affect their reach in the global markets? One main factor is cost. The cost varies widely depend on a number of factors‚ including the duration and extent of a patient’s hearing loss prior to surgery. The cost of the surgical procedure and the post-operative aural rehabilitation program
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“Superior marketing in emerging market is all about tapping into the most affluent tier of customers in emerging-market-cities such as Delhi‚ Shanghai‚ Rio de Janerio and Moscow.” By TONG KAR HEI JENNY More than 20‚000 multinationals which are operating in emerging markets nowadays. [1] They spend a huge sum of budget in the emerging markets marketing campaigns to raise the brand awareness and to boost the sales. The trend is expected to continue to thrive for the coming decades due to the expanding
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1) Does Vietnam represent an attractive investment opportunity? I think this question has a risk/reward element like with any investment opportunity but the variable is also the type of business one would like to invest into. The strengths that make Vietnam great are that it is the twelfth most populous nation with rapid economic growth and substantial FDI (foreign direct investment) as well as ongoing liberalizing economic reforms in the previous 10 years (joining and working with trade groups)
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Chapter 3 risk and challenges IN EMERGING MARKETS Introduction This chapter will expose the students on potential risks faced by firms that are doing or currently planning to enter an emerging market. This chapter will detail each and every element of political‚ economic and legal risk. Discussions on how to reduce the impact of risks are also discussed at the end of the chapter. OBJECTIVES After studying this chapter‚ students should be able to: 1. Describe political‚ economic and legal
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