In most countries, demand is a problem. However, in Vietnam, the challenge is to obtain enough supply. Individuals have an aversion to debt, and when sought, credit terms can be crippling. This lack of credit within the supply chain usually limits inventory availability. Furthermore, although Vietnam is a cash-based society which insulates it from major economic swings, the primary concern for individuals within the economy are rising inflation rates.
The Nielson Company found that six Vietnamese cities account for 37% of retail sales, but there is growing demand from the rural areas. 71% of business leaders surveyed by Nielson expect rural areas to be the source of their major growth in the future. While the river systems remain the primary distribution system, suppliers face a serious obstacle in reaching customers in rural areas.
Vietnam Business Visits
Vietnam Cultural Visits
- Sightseeing in Ho Chi Minh City
- Reunification Palace
- Vietnam History Museum
- Saigon Notre-Dame Basilica
- Sampan ride along the Mekong Delta waterways
- Cao Dai Temple
- Binh Tay Market