Tag Archives: Amway Vietnam

Amway to open in Sri Lanka, Nepal, Bangladesh and Pakistan

Following last week’s news reports that Amway Vietnam is scheduled to open in 2008, a report in Indian news media quotes Amway India Managing Director William S Pinckney as saying –

“the company will start exporting to Sri Lanka, Nepal, Bangladesh and Pakistan from India within the next couple of years.”

Given the current political turmoil in Pakistan, and to a lesser extent Nepal and Sri Lanka, this is somewhat surprising news. IBOs should note that market openings have often slid years passed their originally planned dates – so don’t start booking any tickets just yet! Still, it might make for smart business to start talking to ex-pats from those countries sooner rather than later. In the past it has often been folk who have learned to properly build the business in their adopted countries who then return to their home countries and build the most successful Amway businesses there.

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Amway Vietnam to open in 2008

According to news reports, Amway Vietnam will begin sales operations sometime next year.


Direct selling firm Amway sets up factory

Amway, an affiliate of direct marketing group Alticor, opened a factory on Tuesday in the Amata Industrial Zone in the southern Dong Nai Province.

The global firm sells health and beauty care and nutritional supplements and a clutch of other consumer products, many of which will be made in the new factory.

The $14 million, 8-square meter plant has two production lines and a 2,2-square meter warehouse, and is expected to churn out products worth $3 million a year.

Amway will begin selling from the middle of next year for which it has obtained permission from the province.

The company sells its products directly to consumers through In-dependent Business Owners (IBOs), or sales representatives, through one-on-one, personal selling or via the internet.

It has over three million IBOs in over 8 countries and territories around the world.

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