Amway believes in successful business in Vietnam

Hanoi (VNA) - Amway Vietnam director How Kam Chiong is confident that his company, which is a branch of US Amway, will succeed in its business in the country.

Talking with a Vietnam News Agency reporter on September 15, the director
said his belief is well-grounded, citing the local populous market with a
large labour force, and the support of managing agencies and the legal
system.

Direct selling was legalised in Vietnam in 2005 with the promulgation of
the Competition Law. The Vietnamese government has also issued Decree
06/2008/ND-CP defining in details the responsibilities of businesses and
individuals involving in the business, which How Kam Chiong described as "a
strong legal foundation" for Amway's operation in the country.

Amway Vietnam in October 2007 officially put into operation a plant with
production lines in southern Dong Nai province to ensure the quality of its
products.

With the plant, Vietnam has become the second country in the world to have
an Amway's plant besides the US .

Amway officially operated in Vietnam in February with its headquarters,
distribution and training centres allocated in Ho Chi Minh City .

From the current 15 types of products, mainly nutrition, skin care and
household cleaning, the company plans to increase its portfolio to 40 by the
end of this year, said How Kam Chiong.

By the end of 2008, Amway Vietnam registered an estimated 40,000 IBOs
(Independent Business Owners).-Enditem