DO NOT Open A Franchise In Vietnam! (If You haven't WATCHED THIS!!!)

[@karlweaver2597]

When I visited HCMC, I went to a coffee shop with excellent SE Asian Style black tea drink! (Adding condensed milk like Hong Kong and Hainan)), it was great! I feel Vietnam is actually a very open minded country with their own independent spirit for entrepreneurship! Cheers

[@andrewloi5320]

Xin chao, without any hesitation, I have always given your videos a thumbs-up as they all seemed very informative based on the captions. And all your new videos come with a notification as I am subscribed to your KZbin channel. Keep up the good work! Stay safe & cam on ban!

[@duongglobalbusinessconsulting]

Andrew, thank you very much for the kind words and support. They mean a lot to us.

[@vle5063]

Like your videos , very informative.

[@ethanlee7662]

Excellent video, i love how you are actually using facts and data.

[@stevenyellow7638]

The 5 points he bring out mostly for the business mind benefit for him only I have 5 points why most of fast food franchise and some brand names can’t survive in Vietnam 1. 90% still live in poverty …no middle classes 2. Ordinary manufacturers workers make about average between $200.00-$400.00 US dollars a month can’t afford $10.00 US dollars for lunch 3. Why you open business in the poor country with government greedy corruption 4. Foreign business can’t compete with local business 5. You have to pay too many different taxes and bribery

[@lily_san457]

Đừng chỉ nghe và đoán,muốn biết hãy đến đó mà tìm hiểu sẽ có câu trả lời.

[@hoangngo8495]

The last point: Fast food tastes like shit.

[@ngohung031]

@@hoangngo8495 agree

[@ngohung031]

@@lily_san457 câu trả lời cho cái gì ?

[@Jojosmith342]

thumbs up for another excellent video. Thanks Ken for all your dedication to share your info 👍

[@Cuyt24]

I'm an American who has lived in South Korea for the long term and have started successful businesses in Korea. I recently visited Vietnam on vacation, and I was impressed by how developed it is and how the GDP is growing. I think Vietnam is what Korea was 30 years ago, but with better demographics. They gave a reverse pyramid demographic. I would be interesting to set up a small business in Vietnam catering to Korean tourists in Danang.

[@ganghis85]

Great video and great information Ken. Keep up the good work boss man.

[@marcusce6713]

It would be great see a model plan. Example Highland coffee on set up and initial capital along with equipment. Then give an example of projected income less expenses. Understandable this based on a model but may wet the appetites of future investors.

[@nguyendinhdat2692]

Vietnam one of the most economic growth incredible

[@awardnguyeningtea]

Hi! Could you do a video about where is the best to do currency exchange from USD to Dong?

[@drewcorry5056]

1 Word Outstanding

[@tommasomeacci1105]

Thank you for this video! Could you consider making a video on investing in international financial markets (stocks, ETFs, bonds) from vietnam. some possible topics Create a company vs private investments, Where to setup the broker and how to deal with the law. Thank you

[@edgregory1]

Here are two etf symbols for VN traded on the nyse: VNM ; VNAM.

[@ykievzki9837]

Brilliant Info.. Cheers$!

[@MrJcmoore]

Exactly the information I’m looking for - thx.

[@duongglobalbusinessconsulting]

Glad to hear it!

[@waiwai5233]

Grassroot Vietnamese are very hard working and that is why even Mac D's cannot compete on food quality and value.

[@ijordan9960]

Cool video. I am surprised McDonald's did not come to Vietnam until 2014.

[@waiwai5233]

Cant compete on quality nor price. The only thing left is to sell the 'Foreign experience'. Just like they did for China, Russia ...etc.

[@wille.garcia4005]

me and my girlfriend (non Vietnamese ) our looking for citzenship as the u.s is becoming horrble too live in what is the fastest way for someone too become a citizenship I will get rid of u.s citzenship if needed .

[@duongglobalbusinessconsulting]

Thanks for your comment. If you are planning to renounce your U.S. citizenship (like thousands per year), we recommend getting a strong passport first so that you can still travel around the world visa-free and possibly optimize your taxes. Thus, the fastest way is to purchase a citizenship by investment program. Depending on your needs, we can guide you through the process and select the citizenship that suits your needs.

[@Susgussss]

I wasn't planning on it

[@kwoktsui9967]

👍👍👍👍👍👏👏👏👏👏

[@saeftyfaist2330]

Haw are you big boss from oman

[@Japan24k]

Starbucks is not a Franchise unless they sell them in Vietnam. They are all owned by Starbucks corporation unlike McDonalds and other franchises.

[@duongglobalbusinessconsulting]

Starbucks is a license.

[@um8440]

Never open a 7/11 store anywhere in the world, they are the worst to open, even mcd cant make it in vn, starbuck will have a big problem there.

[@duongglobalbusinessconsulting]

Can you please elaborate?

[@um8440]

@@duongglobalbusinessconsulting 7/11 want 1/2 of your earning every month, people in vn dont eat mcd its too expensive for them, they rather eat banh mi, same with starbuck, vn is the second country in the world to export coffee behind brazil people go to starbuck for the fame, they dont go for the coffee, starbuck wont make it in vn.

[@msbrownbeast]

KFC seems to be doing just fine in Vietnam, but McDo can't do it, they must be doing something wrong. Re/711, there's too much competition in VN for convenience stores.

[@um8440]

@@msbrownbeast kfc is good, they like chicken over there in vn, its not that 7/11 got too much competition, the owner of 7/11 have to share their profit with corp and that is 50%, oh and dont even think about little pizza they are the second worst to be an owner of.

[@msbrownbeast]

@@MrRatclima Don't have an answer but it seems to me the 711 stores in Japan have a much better products variety.

[@syarizansulaiman6554]

So foreign factory 🏭🏭🏭 don't come Vietnam

[@lescommercantesdindochine1954]

"McDonald's" & "high quality product" in the same breath made me laugh.