List of 25 Highly Profitable Business Ideas in Vietnam.
Top Easiest Manufacturing Businesses to Start in Southeast Asian Countries
Why You Should Consider Vietnam for Doing Business
First and foremost, it is a fast-growing economy. While it experienced a difficult time following reunification, growth has been accelerating for years now, and is projected to continue doing so. It grew at over 6 percent—better than most other large Asian economies. It also boasts a low rate of inflation (0.9 percent) and a manageable public debt load of 58 percent of GDP.
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Second, it’s strategically located next to two major economic powerhouses: China and India. This means that investment opportunities there are likely to be globalized very quickly…and whatever you do first in Vietnam will probably be replicated elsewhere soon after.
Third, corruption isn’t as pervasive there as it is elsewhere in Asia…in fact, only Malaysia scored better on Transparency International’s Corruption Perceptions Index last year.
Fourth, its labor costs are going up due to government policy designed to increase wages…meaning both wages and productivity per employee should rise in coming years. Last but not least, there is a lot of domestic market growth available from increasing numbers of people joining the middle class; per capita income rose from $1,100 USD in 2000 to $3,100 USD last year.
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Here are some great business opportunities in Vietnam
- MS FASTENERS (SCREWS, NUT AND BOLTS)
Fastener may be defined as any device, method or component used to hold or FASTEN two or more engineering components together. Fastener Material can be important when choosing a fastener due to keeping in view the strength, brittleness, corrosion resistance, galvanic corrosion properties……Read more
- DISPOSABLE PLASTIC SYRINGES
Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes……Read more
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- MICRONUTRIENTS FERTILIZER
Micronutrients are elements which are essential for plant growth, but are required in much smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl)…..Read more
- WOODEN FURNITURE:
The furniture making is an ancient art in India before centuries. The expertise of India in manufacturing furniture was accepted by all the parts of the world. Wooden furniture is made in cottage and households industries. It is also made in small to large scale sectors…..Read more
Best Industry for Doing Business
- MATCHBOX
Matchbox is one of the most important items. Though it is looked upon as small and insignificant, earlier it was a big problem. In the 17th century, people used phosphorous and sulfur together using flints or sticks of woods. It was then found in the 19th century that using non-provisions red phosphorous on the match head instead of white phosphorus. Read more
- PAPER NAPKINS, TOILET ROLL & FACIAL PAPER FROM TISSUE PAPER ROLLS
Hygiene is an essential component of healthy living, integral to achieving health and preventing disease. Not just selecting the right food choices but also cooking & consuming them in a hygienic way is equally important in preventing the infectious diseases. Adopting hygienic practices and promoting hygiene in the community, schools and workplace prevents innumerable infectious disease…..Read more
- PACKAGED DRINKING WATER:
Water quality and quantity are interdependent, interacting elements of water system. The term water quality refers to the level of suitability of water for specified purposes. Use of mineral water gradually increase in India due so shortage of pure hygienic water and also increase the knowledge of water because pathogenic microorganisms, which are main reason of stomach problem…..Read more
Business Ideas with Low, Medium & High Investment
- E-WASTE RECYCLING PLANT WASTE ELECTRICAL & ELECTRONIC EQUIPMENT (WEEE)
Electronic wastes, “e-waste”, “e-scrap”, or “Waste Electrical and Electronic Equipment” (“WEEE”) is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Electronic Waste – or e-waste – is the term used to describe old, end-of-life electronic appliances…..Read more
- A-2 COW MILK PROCESSING (MILK, BUTTER, GHEE & PANEER)
Milk is the most important source of protein and is consumed by people all over the world. Milk is readily available as a raw product from a range of dairy farms, and it is treated to boost the variety of nutrients……Read more
- DAIRY FARMING & DAIRY PRODUCTS (MILK, BUTTER, GHEE, PANEER & CURD)
Dairy farming is a type of agriculture that involves the long-term production of milk that is then processed and sold as a dairy product. Small/marginal farmers and agricultural labourers rely on dairying for supplemental income……Read more
Looking for Most Demandable Business Ideas for Startups
- ADHESIVE (FEVICOL TYPE – D2, D3, D4)
An adhesive is a material that is used to hold two surfaces together by wetting them, adhering to them, and developing strength after application, and remaining stable. Prior to applying the glue, it is critical to prepare the surface…..Read more
- PARACETAMOL (BP, IP, USP GRADE)
Paracetamol, similarly called acetaminophen, is a lively ingredient in masses of over-the-counter (OTC) and prescription drugs. It helps in pain and fever. It is also blended with different active elements in drug treatments that deal with hypersensitivity, cough, colds…..Read more
- ALLOY WHEELS FOR 2 WHEELER
The wheel is a mechanism that allows an object to travel efficiently across a surface when there is a force forcing the object against it. Because of the structure of wood, a horizontal slice of a trunk does not suit, because it does…..Read more
- FIBERGLASS WOOL CEILING TILES
Fiberglass ceiling tiles are primarily constructed of glass fibres encapsulated in polymers and offer a number of benefits in a variety of settings. These are frequently environmentally beneficial building materials…..Read more
- INDUSTRIAL AND PHARMACEUTICAL GRADE STARCH FROM CASSAVA, MAIZE AND TACCA ROOTS
Cassava, sorghum, maize, sago, and potatoes are all sources of starch. However, the focus of this initiative was on cassava starch production. Starch can be cross-linked to create a product that can…..Read more
- NON-WOVEN GEOTEXTILE
Permeable geosynthetics made of textile or fabric materials are referred to as geotextiles. Polypropylene, polyester, polyethylene, polyamide, and other polymers are used in the production of geotextiles…..Read more
- MILK POWDER (BABY MILK FOR 0 TO 5 YEAR, MILK POWDER FOR COFFEE AND TEA)
Milk is a vital component of human nutrition. It’s tasty, easy to digest, and nutrient-dense. Proteins, fat, sugar, minerals, and a variety of vitamins are all present in large amounts……Read more
- COPPER WIRE DRAWING & ENAMELLING
Copper is one of the most ancient materials and one of the most extensively used non-ferrous metals nowadays. Copper, like Ag and Au, is a part of the first row transition series of elements, which includes Sc, Ti, V, Cr, Mn, Fe, Co, Ni, Cu, and Zn…..Read more
- TOMATO KETCHUP & MAYONNAISE
Because of its high nutritional value, tomatoes are one of the most significant “protective foods.” It is one of the most adaptable vegetables, with a long history of use in Indian cuisine……Read more
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- HDPE PIPES
HDPE pipe has been utilised in non-potable water applications for decades. HDPE pipes, in particular, are popular because of their welded connections. While welding requires special equipment to make the weld…..Read more
- COLLAGEN POWDER
Collagen is the most prevalent protein in our bodies, making up around one-third of the total protein content. It’s an important component of bones, skin, muscles, tendons, and ligaments……Read more
- DUAL FEED DISTILLERY (ETHANOL AS BIO-FUEL)
Biofuels are transportation fuels such as ethanol and biomass-based diesel fuel that are made from biomass materials. These fuels are usually blended with petroleum fuels (gasoline and distillate/diesel fuel and heating oil), but they can also be used on their own…..Read more
- STEEL SHIPPING CONTAINERS (CARGO CONTAINER)
The cargo container industry produces a lot of intermodal containers each and every year. They are used to transport goods all over the world. About 180 million container loads crisscross the oceans each year in about 5000 container ships…..Read more
- MAGNESIUM STEARATE
Magnesium stearate is the chemical compound consisting of stearate (anion of stearic acid) and magnesium cation. Magnesium stearate is a white, water-insoluble powder……Read more
- SANITARY NAPKINS
Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile. The functions of sanitary napkins are to absorb and retain menstrual fluid, and isolate menstrual fluids from the body…..Read more
Niir Project Consultancy Services (NPCS) can prepare project reports on any business idea you have. The project report includes all part of the business, from market analysis to confirming the availability of numerous necessities such as equipment and machinery, raw materials, and financial projections. Engineers, project consultants, and industrial consultancy businesses from all over the world have profited from the NPCS project report. NPCS also publishes technological, technical, reference, self-employment and startup publications, a directory, company and industry database, and much more, all of which will be found on the official website. Please visit our websites for more information,
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And you can also 𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 at:
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ENTREPRENEUR INDIA
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