Singapore franchising companies are looking to enter Vietnam and willorganise a conference in HCM City this month to meet withpotential partners.
Vietnam 's rapid economicgrowth and its young and dynamic consumers are the main reasonsSingaporean franchisers are eyeing the market, Hsien Naidu, the directorof Singapore 's Astreem Corporation Pte Ltd, the organiser and apartner of the Singapore Franchising&Licensing Association, saidin a press release.
Present at the Top FranchiseAsia 2011-Vietnam Edition on May 26 will be Singaporean franchises inthe food, beverage, and lifestyle sectors like Country Chicken, Don'sPie, Empire State, Popeyes, Snackz It!, Auito Saver, Kooshi, Mondo andPazzion, KinderGolf, and FMDS.
It will be a greatopportunity for franchisers and franchises to come together and make acontribution to the development of Vietnam 's franchise market, Naidusaid.
It will also provide business owners withknowledge of franchising, opportunities to expand their business locallyand across borders, and meet established Singaporean brands that areready to enter the Vietnamese market, she said.
Vietnam has a population of more than 87 million of whom a majorityare young, a segment that is highly receptive to modern offerings, sheadded./.
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