DiscoverBritCham Vietnam: All Things BusinessNavigating the Booming Consumer Market in Vietnam with Ryan Molloy
Navigating the Booming Consumer Market in Vietnam with Ryan Molloy

Navigating the Booming Consumer Market in Vietnam with Ryan Molloy

Update: 2024-03-14
Share

Description

In this episode of the BritCham Vietnam podcast, host Ben explores the rapidly growing consumer market in Vietnam with guest Ryan Molloy, founder and CEO of Redfern Digital. Ryan shares insights into the initial move of Redfern Digital from Leeds, UK, to China and eventually to Vietnam, driven by the desire to expand across Asia and tap into emerging market opportunities. The discussion covers the appeal of Vietnam for business expansion, highlighting its high growth potential, similarities with China's legal and marketing environment, and unexplored retail opportunities. Despite challenges like product registration and negotiation delays, opportunities in FMCG, especially in beauty, nutritional health, and mother and baby categories, are ripe for exploration. With e-commerce and modern trade evolving rapidly, Ryan advises British brands to consider Vietnam's growing middle class and untapped market potential while being mindful of the competition and pricing strategies.

For more information about the Britcham Chamber of Commerce Vietnam please visit www.britchamvn.com

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Navigating the Booming Consumer Market in Vietnam with Ryan Molloy

Navigating the Booming Consumer Market in Vietnam with Ryan Molloy

Matt Ryland