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apollo2008



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PostSubject: Do Business in Vietnam   Fri Apr 23, 2010 9:30 am

Hi,

Anyone having business in vietnam ??

Thinking of doing some small business there ...

anyone can give some advice or comment ?


thanks
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LearnViet_
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PostSubject: Re: Do Business in Vietnam   Fri Apr 23, 2010 11:26 am

What kind of advice would you need?

Perhaps someone here can help.
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botarbolampar



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PostSubject: Re: Do Business in Vietnam   Fri Apr 23, 2010 3:35 pm

apollo2008 wrote:
Hi,
Anyone having business in vietnam ??
Thinking of doing some small business there ...
anyone can give some advice or comment ?
thanks

1) what is your passion?
2) how much do you want to invest?
3) do you have someone trust worthy?

Question Question Question
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LearnViet_
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PostSubject: Re: Do Business in Vietnam   Sat Apr 24, 2010 3:48 am

botarbolampar wrote:

1) what is your passion?
2) how much do you want to invest?
3) do you have someone trust worthy?

Question Question Question

This is the most impt thing to consider when doing business in vietnam.
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apollo2008



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PostSubject: Re: Do Business in Vietnam   Tue Apr 27, 2010 10:04 am

I'm thinking of selling Ba Gu Tei there....

or selling gui lin gao herbal jelly...


i'm also thinking of having a small shop for my baxa to sell clothes there..
Heard that can get cheap clothes from thailand or china or even hongkong and sell it there..

What do u think how much it cost if want to rent a small place to sell clothes ?

or having a small restaurant to sell Ba gu tei.
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PostSubject: Re: Do Business in Vietnam   Wed Apr 28, 2010 4:59 am

apollo2008 wrote:
I'm thinking of selling Ba Gu Tei there....

or selling gui lin gao herbal jelly...


i'm also thinking of having a small shop for my baxa to sell clothes there..
Heard that can get cheap clothes from thailand or china or even hongkong and sell it there..

What do u think how much it cost if want to rent a small place to sell clothes ?

or having a small restaurant to sell Ba gu tei.

Bro...

A lot depends on the type of stall you have in mind.

If it's just a roadside stall, I believe rental can be as low as 3-4mil dong a month (approx. $200)

For clothes, can I suggest that you consider opening a shop in the markets. Rental is affordable at 5mil dong/month ($400)

Again, the above prices are just gauges, depending on size, location, etc

Most of the clothes come from China, of which many China companies are currently located in Vn. You can check out An Dong market for a whole variety of wholesale goods.

Just a word of caution tho... it's not easy to do business in vn, esp if you are a foreigner. You will need protection from black/white side.
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bornfree



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PostSubject: doing biz in vietnam   Sat May 01, 2010 1:04 am

Imho there is still a niche market for selling singapore food in Vietnam,
our local fare like chicken rice, yong tau foo, hokkien mee, laksa, curry chicken ,ba ku teh .hor fun.
so far i dont find anyone selling economical rice in vietnam.or teochew porridge for supper
should be able to find ready customer in Vn. There is a sizable of Sporean working in Vn.Hcmc.
Rental near dist 1 around pasteur area is around USd 1400/mths.
it common practice for landlord to ask for more than 3 mths deposit.
sitting capacity around 25-30 customer.if you employed a Malaysia cook around 1500/mths.
waitress around 1.5 million dongs.
The best is you come to HCMC and try out some of the spore restaurant and compare food standard and price. do some homework before you commit.
I know of one vietnamese gal who study hospitality in Spore, now she set up a restaurant selling geylang frog porridge in HCMC.She start small less than 1 year now expand to restaurant standard.
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botarbolampar



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PostSubject: Re: Do Business in Vietnam   Sat May 01, 2010 5:09 am

bornfree wrote:
Imho there is still a niche market for selling singapore food in Vietnam,
our local fare like chicken rice, yong tau foo, hokkien mee, laksa, curry chicken ,ba ku teh .hor fun.
so far i dont find anyone selling economical rice in vietnam.or teochew porridge for supper
should be able to find ready customer in Vn. There is a sizable of Sporean working in Vn.Hcmc.
Rental near dist 1 around pasteur area is around USd 1400/mths.
it common practice for landlord to ask for more than 3 mths deposit.
sitting capacity around 25-30 customer.if you employed a Malaysia cook around 1500/mths.
waitress around 1.5 million dongs.
The best is you come to HCMC and try out some of the spore restaurant and compare food standard and price. do some homework before you commit.
I know of one vietnamese gal who study hospitality in Spore, now she set up a restaurant selling geylang frog porridge in HCMC.She start small less than 1 year now expand to restaurant standard.

Very motivating example. Thanks...... Arrow
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PostSubject: Re: Do Business in Vietnam   Sat May 01, 2010 10:07 am

bornfree wrote:
Imho there is still a niche market for selling singapore food in Vietnam,
our local fare like chicken rice, yong tau foo, hokkien mee, laksa, curry chicken ,ba ku teh .hor fun.

Great insights! Laughing
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bornfree



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PostSubject: green frog restaurant ech xanh   Sat May 01, 2010 4:59 pm

by the way I will recommend all brother to try this restaurant for frog porridge prepared by a vietnamese lady enterprenuer. vist her blog. www.echxanhvietnam.blogspot.com
First time i try eating crispy frog skin .never imagine she can turn it into an appetiser.
address 113 Nguyen Cu Trinh dist 1.friendly service, speak english.
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PostSubject: Re: Do Business in Vietnam   Sun May 02, 2010 3:25 am

bornfree wrote:
by the way I will recommend all brother to try this restaurant for frog porridge prepared by a vietnamese lady enterprenuer. vist her blog. www.echxanhvietnam.blogspot.com
First time i try eating crispy frog skin .never imagine she can turn it into an appetiser.
address 113 Nguyen Cu Trinh dist 1.friendly service, speak english.

Thanks bro,

I have moved your recommendation to 'Nice Food in HCMC'
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botarbolampar



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PostSubject: Re: Do Business in Vietnam   Tue May 04, 2010 6:36 am

bornfree wrote:
by the way I will recommend all brother to try this restaurant for frog porridge prepared by a vietnamese lady enterprenuer. vist her blog. www.echxanhvietnam.blogspot.com
First time i try eating crispy frog skin .never imagine she can turn it into an appetiser.
address 113 Nguyen Cu Trinh dist 1.friendly service, speak english.

Thanks bro.........another idea hmmmmmmmm Razz
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apollo2008



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PostSubject: Re: Do Business in Vietnam   Tue May 04, 2010 9:53 am

wah really feel like going there to explore.. anyone of you stay in HCMC ? anyone of you is a 地头蛇 there ??
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PostSubject: Re: Do Business in Vietnam   Tue May 04, 2010 11:30 am

apollo2008 wrote:
wah really feel like going there to explore.. anyone of you stay in HCMC ? anyone of you is a 地头蛇 there ??

What's that? Sorry ah, my chinese is as good (or as bad) as my Tieng Viet. Very Happy
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PostSubject: Re: Do Business in Vietnam   Mon May 10, 2010 6:13 pm

If anyone intends to do biz in hcm.. I could introduce you to some people.

It's always easier when you know someone in a foreign place... esp vn.

I run a small personal tour service in hcm, so if anyone can also point me to contacts in this area... it would also be much appreciated.
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PostSubject: Re: Do Business in Vietnam   Mon May 24, 2010 4:59 am

For members who have worked in hcm... I have a question.

Is it true that locals trust foreigners more than the locals?
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PostSubject: Re: Do Business in Vietnam   Mon May 24, 2010 5:02 am

Just wondering if there are any Singaporeans here who run businesses in VN.

I own (my friend runs it) a personal tour service in hcm and it would be great if this forum could have its own small business community.

I would be most keen to explore tie-ups.

Cheers!
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jackbl



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PostSubject: Re: Do Business in Vietnam   Tue May 25, 2010 6:37 am

bornfree wrote:
by the way I will recommend all brother to try this restaurant for frog porridge prepared by a vietnamese lady enterprenuer. vist her blog. www.echxanhvietnam.blogspot.com
First time i try eating crispy frog skin .never imagine she can turn it into an appetiser.
address 113 Nguyen Cu Trinh dist 1.friendly service, speak english.

Aiyah I read this thread too late Sad I m around Tran Dinh Xu street few days ago but din know there is such place..... may have to go on next visit liao Sad
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botarbolampar



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PostSubject: Re: Do Business in Vietnam   Tue May 25, 2010 8:01 am

Adguy wrote:
For members who have worked in hcm... I have a question.
Is it true that locals trust foreigners more than the locals?

Not true bro. They trust $$$$$$$$$$$$$.
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botarbolampar



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PostSubject: Re: Do Business in Vietnam   Tue May 25, 2010 8:02 am

Adguy wrote:
Just wondering if there are any Singaporeans here who run businesses in VN.
I own (my friend runs it) a personal tour service in hcm and it would be great if this forum could have its own small business community.
I would be most keen to explore tie-ups.
Cheers!

The local authority is watching tour agencies in HCMC.
There's an article about licencing.
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PostSubject: Re: Do Business in Vietnam   Tue May 25, 2010 11:28 am

jackbl wrote:


Aiyah I read this thread too late Sad I m around Tran Dinh Xu street few days ago but din know there is such place..... may have to go on next visit liao Sad

This is what happens when you don't visit the forum regularly. Rolling Eyes
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PostSubject: Re: Do Business in Vietnam   Tue May 25, 2010 11:29 am

botarbolampar wrote:


The local authority is watching tour agencies in HCMC.
There's an article about licencing.

Mind sharing the article?
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botarbolampar



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PostSubject: Re: Do Business in Vietnam   Tue May 25, 2010 1:20 pm

Adguy wrote:
botarbolampar wrote:

The local authority is watching tour agencies in HCMC.
There's an article about licencing.
Mind sharing the article?

http://www.thanhniennews.com/2010/Pages/20100509163110.aspx

Most HCMC tourism firms illegal, inspection finds
Last updated: 5/9/2010 16:25

Tourists on a cyclo in Ho Chi Minh City.

Only around one-fourth of the firms working in the tourism industry in Ho Chi Minh City are operating legally, a recent inspection has found.

Of around 4,000 companies or so engaged in the tourism industry, only a thousand were registered travel agencies with the city's Department of Culture, Sports and Tourism, La Quoc Khanh, deputy director of the department said after an inspection carried out last month.

Regulations require tourism firms have to get an establishment permit from the Department of Investment and Planning, then register their travel service at the Department of Culture, Sports and Tourism. They are also required to deposit VND50 million (US$2,630) with banks for compensating customers or partners.

Firms offering foreign tours are required to deposit VND250 million.
Many firms have skipped the last two steps, Khanh said.

Phong Cach Tourism Company was set up in May 2007 but has never registered its travel service, the department found last month.

It earned VND829 million from operating tours last year and VND349 million this year, but purchased on insurance for customers.

The inspection also found that several firms were offering foreign tours although they have not be authorized to do so.

Mai Vang (Yellow plum) Company has only registered for domestic tours but was advertising foreign tours.

Last February, Chan Troi Viet (Vietnam’s horizon) Company, also known as Neo Duong Viet (Vietnam’s road) co-organized a Bangkok tour with Thailand’s 333 Company for 22 Vietnamese tourists. One of them was killed in a traffic accident after their Thai driver fell asleep while driving the bus.

It turned out that the firms were not licensed to organize foreign tours.

Some air-ticket agents also offering foreign tours without authorization, the inspection found.

The companies have been fined and suspended, and Chan Troi Viet has had its license provoked, Khanh said.

He explained the large number of unauthorized tourism firms to a lack of personnel, noting the Department of Culture, Sports and Tourism only employs five officials to manage travel agencies.

So it’s hard for them to manage all the firms, given that the city attracts around 65 percent of the foreign visitors to Vietnam and offers tours to dozens of millions of local residents every year, he said.

But the head of a tourism firm who refused to be named said the department doesn’t need to increase their staff according to the number of tourists.

They need to raise the penalties and providing training in tourism ethics, he said.

“For a long time, Vietnam’s tourism industry has paid too much attention to developing tourism products, but neglected the management and training aspects.”

Khanh conceded that the current fines were “not threatening enough.”

Reported by Tran Tam
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PostSubject: Re: Do Business in Vietnam   Tue May 25, 2010 3:53 pm

botarbolampar wrote:


http://www.thanhniennews.com/2010/Pages/20100509163110.aspx


Thanks bro.

Glad to know that we are registered for local tours Laughing
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botarbolampar



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PostSubject: Re: Do Business in Vietnam   Sat Aug 14, 2010 4:33 am

Can we use English name for our shop in vietnam?

Anybody know?
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