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How to Quickly Enter the Vietnamese Market for SMEs

  • Writer: Khôi Nguyễn Duy
    Khôi Nguyễn Duy
  • Oct 13
  • 3 min read

Updated: 6 days ago

In today’s fast-moving global economy, speed is not just an advantage — it’s survival. For international SMEs, knowing how to enter the Vietnamese market quickly means achieving faster revenue, lower costs, and earlier access to customer data that drives long-term growth.


Vietnam — one of Asia’s most dynamic consumer markets — has become a strategic destination for global expansion. However, to enter the Vietnamese market quickly and effectively, businesses need more than a strong product: they need local insight, operational readiness, and a reliable execution partner capable of transforming plans into measurable success.

Flags of Vietnam and other Asian countries representing Vietnam’s rising position as a strategic trade and investment hub for international SMEs entering Asian markets.
Vietnam — one of Asia’s most dynamic consumer markets — has become a strategic destination for global expansion.

Why Understanding Vietnam Is Key to Entering the Market Quickly

With a population nearing 100 million and GDP per capita exceeding USD 4,300, Vietnam stands out as one of Asia’s fastest-growing consumer economies. Retail and service revenues reached approximately USD 266 billion in 2023, up 9.6% year-on-year — a remarkable pace amid global volatility.


Crucially, Vietnam is among the most geopolitically stable countries in Southeast Asia — even in all of Asia. Its consistent political system, ethnic harmony, and balanced diplomatic position make it a secure and long-term market for investors.


The country’s digital economy continues to expand rapidly, with 74 million internet users and 98% smartphone penetration, while major cities like Ho Chi Minh City (HCMC) and Hanoi lead in modern retail and eCommerce. In 2024, realized FDI is expected to exceed USD 25.4 billion, underscoring Vietnam’s attractiveness for SMEs exploring how to enter the Vietnamese market quickly and sustainably.

Crowds of Vietnamese people celebrating National Day in Ho Chi Minh City, symbolizing Vietnam’s youthful demographics, growing consumer base, and dynamic retail landscape attracting global SMEs.
Vietnam’s young population, rapidly expanding middle class, and the rise of modern retail are turning the country into a “strategic testing ground” for international SMEs

Common Barriers Slowing Down Market Entry

Despite its opportunities, many SMEs spend six to twelve months before their products reach the shelves. The main reasons are:

  • Complex legal and licensing processes delaying product approval and distribution.

  • Fragmented distribution channels with over 1.6 million GT stores and thousands of MT/Horeca outlets.

  • Channel misjudgment, focusing too much on MT and neglecting GT (which still drives 60% of FMCG sales).

  • Limited local presence, leading to poor execution and delayed market visibility.

Without a structured entry plan, brands often miss the right timing — when consumers are ready, but their products aren’t yet available.

 

How Go2Market Helps SMEs Enter the Vietnamese Market Quickly

Go2Market (G2M) Vietnam was founded with one goal: to help international SMEs enter the Vietnamese market quickly through a complete “All-in-One Market Entry Model.”


This proven four-step framework allows brands to go from planning to market execution in just four to eight weeks:

  1. Rapid Product Immersion (Week 1): Training G2M’s existing sales force on product knowledge, key differentiators, and target audience.

  2. Market Entry Playbook (Weeks 2–4): Building distribution routes, retail coverage plans, and launch activities.

  3. Deployment & Adjustment (Weeks 5–8): Executing in-field operations, gathering feedback, and optimizing continuously.

  4. Continuous Support: Ongoing KPI tracking, salesforce management, and monthly reporting aligned to client goals.

G2M integrates CRM for sales management and WMS for logistics and warehousing, ensuring full transparency and accuracy in every stage of market execution.

Diagram illustrating Go2Market Vietnam’s three-step process to help SMEs access retail channels in Ho Chi Minh City.
Go2Market Vietnam’s three-step roadmap for accessing retail channels efficiently.

From Product to Point of Sale – Fast Execution with G2M

For brands unsure where to begin, G2M typically recommends starting with General Trade (GT) — the channel with the widest coverage and lowest entry cost — while pairing it with E-Commerce for consumer testing and online visibility.


Each G2M sales representative can reach around 10 stores per day, allowing rapid scaling within the first month of operation. Monthly performance dashboards include data on coverage, display, sales results, and consumer feedback, giving SMEs complete control without building an in-house sales structure.


By leveraging Go2Market Vietnam’s localized expertise and proven methodology, SMEs can enter the Vietnamese market quickly, cut costs, and adapt to consumer behavior in real time.

 

Strategic Benefits of Entering the Vietnamese Market

Working with G2M provides SMEs with measurable business outcomes:

  • Faster market access: Reduce setup time from six months to just a few weeks.

  • Lower operational costs: Save 40–50% compared to traditional models.

  • Early market share capture: Secure consumer awareness before competitors.

  • Optimized resources: Avoid heavy investment in internal teams.

  • Reduced risk: Rely on G2M’s proven compliance and logistics expertise.

Speed becomes a competitive edge — and knowing how to enter the Vietnamese market quickly is what separates early winners from late entrants.

A stopwatch in motion with VND and USD coins stacking neatly around it — symbolizing that time equals money, and faster execution means greater cost efficiency, reflecting Go2Market Vietnam’s smart cost and speed solution.
Go2Market (G2M) Vietnam is not just a manpower provider — it’s a strategic execution partner helping international SMEs enter and expand in Vietnam’s retail market efficiently.

Go2Market Vietnam – The Strategic Partner for Fast Market Entry

Go2Market (G2M) Vietnam is not just a sales outsourcing provider, but a strategic execution partner that helps SMEs establish and expand in Vietnam efficiently.


With its practical implementation capabilities across legal setup, logistics, warehousing, sales operations, and marketing, G2M delivers the integrated “Market Ready – Shelf Ready” solution — ensuring that when the market is ready, your product is already on the shelf.


“When your brand is ready, Go2Market is already moving.”

 
 

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