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Old 11-07-2008, 04:56 AM
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Re: Understanding Vietnamese Life Partner

Quote:
Originally Posted by Tony Stark View Post
Just got back from HCMC. Being cheonging like mad for 3 days in a row. Everyday I'll go to shampoo hair and body massage by pretty babes at Bui Thi Xuan, bonking and drinking. I wish it never ends. HCMC rocks!

Seriously looking into the barber shop (no hanky panky) business. I'll be traveling to Vietnam very often for more research trips. Wonder why no one has started one in Singapore yet? Probably due to work visa for Viet nationals? The main selling point lies in the beautiful Viet girls. It will be a hit perhaps? For sure I'll be very tempted to try if I ever come across one in Singapore myself. I always try to put myself in the shoes of a consumer. If I'm able to convince myself then the confidence is higher. Of course high rental and overheads are expected in Singapore. The rule of business is buy low, sell high to maximise profit margin.

Bro, i am sure many bros who have been in VN for the past many years have thought of the saloon business. Even for myself, i have thought of it back in 2003. But there are a few areas that you need to consider:

(1) Work Permit for the Viet ladies to work here which is impossible to get. With the bad record of Viet ladies in Singapore, u can forget about bringing them here for the saloon

(2) The amount of water used for washing hair. Vietnamese saloon rinse hair for more than 30 mins. It will cost a lot in Singapore

(3) With all the overheads, how much are you going to charge yr clients? $50 for a hair wash without bonking? Who's going to come?

Everyone knows buy low , sell high. Not only business man know. The real businessman will know that buy low, sell high is not the only consideration. Bro, pardon me for saying this, you have only been to VN once or twice, you still have to learn a lot about doing business in VN.