Investing in the Vietnamese sport industry
There was a time where Vietnamese and more generally people living in Asian countries were not practising any sport. As these countries started to become richer, people started to have more time but also more energy to practice. It has been known for quite some time now that having a healthy diet rich in proteins while practising sport was a good way for children to grow. Unfortunately, the Vietnamese diet is still poor for most of Vietnamese living outside the largest cities of Hanoi and Ho Chi Minh City. It turns out that Vietnamese are short and many are underweight as well. A report from the Vietnamese National Institute of Nutrition said that one in every six children under five years old was below normal height. However, health authorities have noticed that inside these cities in which both diet and sport activities have increased, people started to get taller and more muscular. If you have the chance to visit one of these two cities you will certainly spot many fitness centres. Most of these fitness centres were not there as little as ten years ago. Vietnam keeps changing at high speed and the sport industry has still a lot of potential. Vietnamese main sports include football, martial arts and interestingly enough basketball and cricket. Unfortunately, there are very few opportunities for non-Vietnamese investors to invest specifically in the Vietnamese sport industry. However, you can always contact us to see how we can help you invest in Vietnam. There are many different options available.
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