Today, I’m going to share the top 10 MLM Companies in Vietnam, as I see it.
So often, when Vietnam is mentioned, it is about the war where many Americans lost their lives. And while many say that we lost that war, if we really take a close look at the way Vietnam is today, we find that the system there operates in a similar way as our American one.
One such aspect is multilevel marketing, better known as MLM.
MLM and direct sales are huge in Vietnam. It is a way for people to start a business with little or zero start-up capital. And Vietnamese people, in general, are “go-getters.” Just take a vacation to Vietnam and you will quickly agree with me.
Now, because there have been scams that have painted themselves as MLM Companies, the Vietnam Government has instilled some strict regulations. To be quite honest, I am glad they did. Because scams like those give the network marketing industry a bad name.
To help people know what some of the top MLM Companies in Vietnam are, I did some of my own research. These are the top 10 MLM Companies in Vietnam, starting with #10 and working up to #1.
Top 10 MLM Companies in Vietnam
# 10: Jeunesse
Founded in 2009 by Randy Ray and Wendy Lewis, Jeunesse is headquartered in Lake Mary, Florida. This Skin Care MLM Company that attacks aging has grown like wildfire all around the world.
Jeunesse has a strong following in Vietnam in the short time it has been in operation there. I expect Jeunesse will climb higher on this list in coming years.
At Jeunesse, we lead with our hearts, and always with a servant’s heart, thriving in a culture that puts us at the forefront of innovation and progress, and of changing lives around the world.
# 9: Unicity
This MLM Company was founded by Stewart Hughes in 1972 and is headquartered in Orem, Utah. Unicity manufactures and sells various dietary supplements, as well as weight loss and energy providing items. You can find various Unicity representatives throughout Vietnam.
Unicity is dedicated to developing innovative product formulations that improve the health and quality of life for people everywhere. Recruiting top scientists from around the world has become the driving force behind our elite Unicity Science Team. Our scientists are connecting the desire to “Make life better” with revolutionary science technology to create a path to a better tomorrow.
Source: Unicity Vietnam
# 8: Sunrider International
Headquartered in Torrance, California, Sunrise is truly International. The company was founded in 1982 and in 2016, they opened an office in Vietnam.
Sunrider has various products in food and drink, nutritional supplements, skin and personal care, as well as house cleaning. Sunrider is loved in Vietnam and continues strong growth there.
Promote culture to create opportunities for people to awaken inner strength, be ready to cope with challenges, overcome their limits in order to succeed in life.
Source: Sunrider Vietnam
# 7: Perfect Global
Founded in 1994 and headquartered in China, Perfect Global also has offices in Vietnam. Loved in Vietnam, Perfect Global has representatives selling various products in supplements, personal care, household and more.
With PERFECT mission of “Perfect Living For All”, PERFECT’s top management has made sincere commitments to the community for the “Three Everlasting Principles”: Perfect’s commitment to provide consumers with quality products has never changed; its commitment to provide its distributors with boundless growth opportunities has never changed; its commitment to its long-term investment in China has never wavered.
Source: Perfect Global
# 6: Elken International
This Malaysia based MLM Company was founded in 1995 with a vision of becoming the leading direct sales company in the world. The company manufactures and sells products for health, beauty and home. And Elken has an office in Vietnam.
Vietnam is one of the countries with a large population in Southeast Asia with a dynamic developing economy. The Vietnamese are industrious, intelligent, have a spirit of learning and creativity. Recognizing the above strengths, Elken has decided to invest in the Vietnamese market in order to improve the benefits of Enterprises, develop people and create values to contribute to the economic development process – Vietnamese society.
Source: Elken Vietnam
# 5: Best World International
Best World International was founded in 1990 and is headquartered in Singapore. The company has created some amazing brands, most of which are focused on health and well being.
They make supplements, weight management products, skin care and much more. Best World International carries high respect all throughout Asia.
Best World Vietnam Company (BWL Vietnam) officially opened a showroom and a leading training center in Ho Chi Minh City on December 18, 2010 – BWL, a direct selling company with pillars The Singapore office specializes in distributing exclusive products for health, beauty and lifestyle through a direct sales network spread across 21 countries. As a Regional Center (RC), RC in Ho Chi Minh City represents the 10th RC in Asia and the first RC in Vietnam.
On deciding why RC was established in Ho Chi Minh City, Dr. Dora Hoan, Best World Group’s Executive Director commented: “Since the late 80s, Vietnam has undergone dramatic changes. That has turned Vietnam into one of the region’s fastest growing economies, and the inflow of foreign direct investment has also boosted the economy. part of enhancing consumer sophistication and changing buying behavior As the largest and most cosmopolitan city in Vietnam, Ho Chi Minh City has become a natural choice for us. when deciding to set up BWL’s first RC, it’s young and energetic people with great entrepreneurial spirit and them I am very pleased to work with them ”
Source: Best World Vietnam
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# 4: Oriflame
Oriflame was founded in 1967 by the Jochnick brothers. This high quality cosmetics MLM Company is headquartered in Stockholm, Sweden but is gaining popularity all around the world including Vietnam.
Vietnamese women have fallen in love with the Oriflame products and the ability to make an income selling them to their friends and family.
For us, beauty is a way of life – staying healthy, enjoying beautiful skin and expressing your personality, all in perfect harmony. Therefore, our products must be safe, reliable and effective as promised. This philosophy is the guideline in bringing you beauty products that you can trust and love.
Source: Oriflame Vietnam
# 3: Nu Skin
Nu Skin started in 1984. The MLM Company offers various dietary supplements as well as personal care products. They are best known for their skin care products.
Based in Provo, Utah, Nu Skin is one of the top MLM Companies to enter various international markets. No matter where you are in Vietnam, there is probably a Nu Skin representative near by.
I see a bright future in the Vietnamese market. Most people actively seek better opportunities for success and improving their lives. The greatest advantages of this industry are that people can manage their own time, they don’t have to invest a lot of capital and they can master their own lives without being constricted to strict workplace schedules.
Moreover, this is one of the fastest-growing markets. In addition, the cosmetics and healthcare markets are huge, so I do not need to compete much with other companies of the same field (laughs).
Creating more quality products is our main focus and priority. That is why Nu Skin Enterprises has always focused on research and innovation to continually improve our products. This helps us to maintain and gain more loyal customers.
# 2: Herbalife
It seems no matter where we travel to, we see Herbalife representative promotions. Ho Chi Minh city has several top ranked Herbalife representatives that are great at recruiting and selling Herbalife products, which include weight management, nutritional supplements, personal care items and more.
Herbalife was founded in 1980 and is headquartered in Los Angeles, California.
November 2009: Herbalife Vietnam officially operates. Vietnam is Herbalife’s 71st market worldwide.
Herbalife is committed to long-term operations in Vietnam. Currently, we have Head Office in Ho Chi Minh City. HCM and a branch in Hanoi. We have a Distribution Center in Ho Chi Minh City. HCM, a Distribution Center in Hanoi and is planning to open more distribution centers in other cities across the country in the near future to better serve the growing demand of the market. Currently, Herbalife Vietnam has 58,600 independent Distributors nationwide.
In Vietnam, Herbalife offers 6 product groups including comprehensive weight control nutrition, digestive health support, cardiovascular health support, joint bone support, and supplemental nutrition for movement and Enhances energy, and nutrition for skin & hair.
Source: Herbalife Vietnam
# 1: Amway
It really is no surprise to me, how about you?
Amway is the largest MLM Company in the world and has a huge variety of products in nutrition, home care and much more.
Amway was founded in 1959 and is headquartered in Ada, Michigan. The company began operating in Vietnam in 2008. It will be difficult to knock Amway out of the top position in Vietnam.
In Vietnam, direct sales have been contributing to more than 450 thousand families with the opportunity to work in more than 450 thousand families. Since the law of competition was born in the end of 2004 and the decree 110 was issued in 2005 recognized direct sales as the legal business model in Vietnam, the operation has been Step forward to tell. Currently, 31 Vietnamese and foreign companies have registered direct sales with the ministry of industry and trade with more than 450 thousand distribution, annual revenue of over 1.200 billion vnd, contributing to more than 500 Billions of taxes on the state budget. The growth rate of this business also increased. The General Director of Amway in Vietnam, Mr. Looe Chee Seng Shares.
Source: Amway Vietnam Facebook page
Well, there you have the top 10 MLM Companies in Vietnam, as I see it.
I am glad to see that the Vietnam citizens have the ability to open their own home-based business. It is a huge difference from how Vietnam was in the late 1960’s and early 1970’s.
What are your thoughts? Leave a comment below to let me know what you think. I look forward to hearing from you.