BorderNex — Your Gateway to Global Growth
Discuss Your Expansion
  1. Home
  2. Our Markets
  3. Vietnam

Market 02 · Operating market

Vietnam. Where Ambition Meets Opportunity.

One of Asia's fastest-growing economies, a young and urbanising population of more than a hundred million, and retail moving from traditional trade to modern chains and mobile-first commerce. BorderNex operates directly in Vietnam, so your entry is run by our own team.

A modern boutique on a tree-lined street in Ho Chi Minh City
Operating marketRun by BorderNex's own team

Market positioning

Growth that is structural, not cyclical.

Vietnam's opportunity rests on three shifts still under way: a young population moving into cities and higher-value categories, retail moving from market stalls to chains and apps, and trade agreements that lower the cost of entry.

01

A young, urbanising consumer

A large working-age population is settling in Ho Chi Minh City, Hanoi and the secondary cities, and trading up in food, personal care, home and lifestyle.

02

Modern retail and mobile-first commerce

Supermarkets, convenience chains, pharmacies and marketplaces are taking share from traditional trade, and the phone is where discovery, purchase and payment happen.

03

Trade-agreement access

EVFTA, CPTPP and RCEP reduce tariffs and simplify entry for brands from Europe, the Pacific and the wider region, provided origin and labelling rules are planned for.

Vietnam in numbers

The indicators, actual beside forecast.

Last year's completed figure sits next to this year's forecast, each with its source. Nothing here is a BorderNex estimate.

Population101.1MPopulation, 2024 mid-term censusGeneral Statistics Office of Vietnam2024 actual
Growth7.09%Real GDP growth, 2024General Statistics Office of Vietnam2024 actual
Growth8.4%Real GDP growth, 2026IMF World Economic Outlook, Oct 2026Forecast 2026
Digital commerceUS$32bnE-commerce gross merchandise value, 2026e-Conomy SEA 2026 (Google, Temasek, Bain)Forecast 2026

For reference: retail e-commerce reached US$25bn in 2024 (Ministry of Industry and Trade, actual), and 87.1% of the population is estimated to be online by end-2026 (DataReportal, Digital 2027).

Ho Chi Minh City skyline across the Saigon River at night
Ho Chi Minh City, commercial centre

Opportunities

Consumer demand is ahead of the brands available to meet it

Consumer opportunity

Shoppers research on social platforms, compare on marketplaces and buy on the phone, often within the hour. Imported brands with a credible origin story and Vietnamese-language content earn trust quickly; loyalty follows when supply and after-sales are reliable.

Commercial opportunity

Modern retail chains are still building their imported assortments, which leaves room for entrants with the right distributor and a realistic price. Registration and import licensing take time for several categories, so the plan starts from the regulatory calendar.

Entry channels

Routes into Vietnam, and what each one asks of you

Most brands open on marketplaces or through a distributor while registrations run in parallel, then move into modern retail once demand is proven.

  1. Marketplace and social commerce

    Official brand stores, creator content and livestream programmes: the quickest read of demand, with Vietnamese-language service as the entry ticket.

  2. Importer-distributor

    A licensed importer handles customs, registration filings and trade sales; the right chain relationships matter more than catalogue size.

  3. Modern retail chains

    Supermarket, convenience, pharmacy and specialist chains in the two main cities and beyond, with listing terms agreed before launch.

  4. Cross-border and direct presence

    Cross-border selling as a test, then a local entity once volume justifies it; we represent you locally until it is in place.

BorderNex in Vietnam

An operating market: our people, your plan.

Vietnam is an operating market: research, partner negotiations, registration coordination, channel set-up and account management are carried out by our own team in Vietnam, working with our hub in Thailand. As everywhere, we are a fee-based services partner; importers, distributors and logistics providers are contracted in your name and managed by us.

The regulatory calendar sets the launch date. We plan backwards from it, so marketing starts when the product can be sold.

How BorderNex sequences a Vietnam entry

Recommended entry process

Four stages, adapted to Vietnam

Each stage ends with a written deliverable and a decision point. In Vietnam, registration and import licensing run alongside the strategy work.

  1. Discover

    Category demand by city and channel, competitor pricing online and in chains, and the registration and import-licence path for your product class.

    You receive: Vietnam market read-out, regulatory calendar, go / no-go view
  2. Strategize

    Entry model, pricing corridor after duties and distributor margins, Vietnamese-language positioning, partner shortlist with chain relationships.

    You receive: entry plan, pricing architecture, partner shortlist
  3. Execute

    Importer and distributor agreements, registration filings, marketplace stores and creator campaigns launched by our team in Vietnam.

    You receive: live channels, signed partners, running campaigns
  4. Scale

    From the two main cities into secondary cities and from online into modern retail, with monthly scale / fix / stop decisions.

    You receive: operating report, optimisation plan, next-market view

Enter Vietnam with a team that operates there.

Tell us your product and the categories you sell in today. We come back with a read of the opportunity, the regulatory calendar for your product class and a first ninety days with costs.

Discuss Vietnam