Japanese brand launches marketing push in Vietnam

by VOV25 February 2017 Last updated at 00:00 AM

photo: VOV
photo: VOV

VTV.vn - Rising incomes, an expanding economy and changing consumer patterns are attracting a growing number of international brands to Vietnam.

Japanese sports brand Mizuno has just gotten on the band wagon having this month announced a marketing push with the signing of football player Nghiem Xuan Tu, volleyball player Nguyen Linh Chi and futsal player Tran Van Vu as brand ambassadors.
Earlier in February, Mizuno signed a US$50,000 contract with Vietnam top badminton player, Nguyen Tien Minh, to work as its brand ambassador.
Boston Consulting Group says Vietnam is Southeast Asia's fastest-growing middle class. According to BCG the "middle and affluent class" earning US$714 a month or more in Vietnam will double to 33 million people, about a third of the population, between 2014 and 2020.
With forecasts like this, Vietnam can expect to see more brand ambassadors of Japanese and other international brands in the near future. 

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-04-16 14:37 UTC

WEATHER FORECAST