Profitable Business Ideas that Will Make you ₫ 2,276,000 Daily in 2024.

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Any entrepreneur interested in doing business in Vietnam should be aware that the country is at the center of a number of free trade agreements with major countries such as the United States, Canada, the European Union, and Russia, and will thus be a good place to start any business that will allow them to recoup their investments.

According to forecasts from the World Group Bank, Vietnam’s economy benefited from the signing of the Trans-Pacific Partnership (TPP) in 2016, with a 10% boost in GDP and a 30% increase in export value, with the beneficial impact lasting until 2030.

The TPP has opened up many formerly closed sectors of the economy, allowing entrepreneurs whose businesses do not come under the list to operate without fear of interference by regulated authorities.

Vietnam is an excellent and profitable location for your company to expand.

The open economy of Vietnam has a number of advantages, including a high rate of economic growth, government assistance, infrastructure development, low labor costs, a trained workforce, and a low cost of starting a firm, among others.

Vietnam is a prominent country that is increasingly regarded as a strategic site for beginning a business.

As a result, you will be able to start your firm with no difficulty. Furthermore, it is regarded as one of the fastest-growing economies in Southeast Asia.

Are you interested in starting a business in Vietnam?

If you answered yes, here are some of Vietnam’s most profitable business ideas that will make ₫ 2,276,000 daily in 2024:

  • Online Trading.
  • Electronic Repair Business.
  • Laundry and Dry Cleaning Services.
  • Tourism.
  • Textile and Garment Business.
  • Detergent and Cosmetic Production and Retail.
  • Bakery Business.
  1. Online Trading.

Online trading is the buying and selling of digital financial assets which are listed on the asset market.

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Here, you do not have to possess goods or services (assets) to buy or sell them.

You only invest in the change in their value over a while, after which you can reap huge returns.

If you choose a given asset, you carry out market analysis and study past data on its price.

After that, you can then decide in which direction the price of such an asset will go.

If you hope that such a price will go up in the future, you only need to click on the Buy or Up button and wait.

However, if you anticipate such a price to fall, all you need to do is hit the Sell or Down button and wait.

If the price moves in your favor, you are meant to profit from the price movement but if it moves against you, then a loss is inevitable.

Assets traded online include Currency pairs (Forex), Cryptocurrency, Indices, Commodities, ETFs, Bonds, and Stocks, among others.

You can invest in the change in prices of such assets and stand a chance to profit big-time.

Brokers.

One thing you will need to understand before we proceed is that for you to be able to trade online, you need access to the assets mentioned above.

The only institution that can give you access to the markets is called a broker.

A broker, therefore, is the link between traders and the asset market.

At the beginning of every trader’s trading journey, they must choose a broker, from the thousands of them that exist.

Some have even been conned at the very onset of their trading journey by falling for scammers posing as brokers.

That makes this step of the trading journey very important and critical, and that is where we come in handy to inform you accordingly.

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Several brokers suitable for willing traders in Vietnam do exist.

Here is a list of the most popular, most reliable, and secure online trading brokers for Vietnam:

  • Olymp Trade
  • Expert Option
  • IQ Option
  • Binomo
  • Pocket Option
  • Exness

Online trading has been the secret to attaining financial freedom for many, and so you might consider it as well, in 2024.

A disclaimer though is that patience and putting in effort are inevitable if success in online trading will be realized.

Gains.

With online trading, if you have enough experience and proper knowledge of how to trade, then there is no limit to how much you can make daily.

The ₫ 2,276,000 daily target is a drop in the ocean if you have invested enough time, enough capital and know exactly what you are doing.

It feels like printing your own money.

Create a trading account.

  1. Electronic Repair Business.

Vietnamese people employ a variety of electronic items and gadgets.

These, too, require maintenance and repair.

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As a result, electronics repair may be one of the most profitable business opportunities in Vietnam.

You can start your business from the comfort of your own home.

You can also visit your clients’ homes if necessary to repair particular items such as the washing machine or the air conditioner.

Do a thorough study on the population of the area and the degree of repair demands before establishing the firm.

Even though many electronic repair companies are closing due to the high cost of product replacements and consumer preference for replacing damaged devices with cheaper Chinese products, opening an electronics repair company is not entirely a negative idea.

To avoid wasting your time and money, undertake a thorough analysis of your market, just like you would with any other firm.

Profits.

The electronic repair business is greatly profitable.

You are repairing a wide range of devices with each having different charge rates. ₫ 2,276,000 daily is a goal so easily achieved with an established electronic repair business in Vietnam.

Try this out in 2024 and see.

  1. Laundry and Dry Cleaning Services.

People in Vietnam’s rising economy are busy and require laundry services daily.

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Many people do not have the luxury of doing their laundry and would rather pay to have it done for them.

As a result, you have a strong chance of expanding your laundry business.

Nevertheless, you must thoroughly research the market and understand not just your target market but also your competition.

You can start a laundry and dry cleaning business from home if you have enough space.

Conduct thorough research into the demand in your immediate vicinity as well as your competitors.

Try to offer unique benefits to your business, such as free home delivery and special discounts at certain times of the year to beat the competition.

Returns.

Depending on your mode of operation, you can make so much money with the laundry and dry cleaning business in Vietnam. ₫ 2,276,000 daily is only the lower limit and as time goes by, there is no limit to how much you can make daily.

  1. Tourism.

Regardless of how horrible the country’s political situation may have been, Vietnam is a tourism destination with several sites to come and discover.

There are historical structures as well as modern architecture throughout the country.

Vietnam is a lovely country with a distinct culture that draws visitors from all over the world all year.

There are many natural wonders in Vietnam, and there are plenty of tourists.

Aside from this, the Vietnamese people are quite welcoming to visitors.

Opening a tourist agency is a good business concept because there is never a scarcity of visitors, which implies consistent demand.

As a result, you’ll almost certainly profit.

To ensure the success of your tourism agency, make sure you provide high-quality tourism packages with superb lodging and meal options.

Conduct thorough research about the country’s locations and culture to attract tourists and plan a nice vacation for them.

The local cuisine is very well-known, so don’t forget to include it in your travel packages.

Gains.

Investment in tourism is one of the most lucrative business ideas to actualize in Vietnam.

You can never earn anything short of ₫ 2,276,000 daily. It then makes the business worthwhile and among the top business ideas, you need to try in Vietnam in 2024.

  1. Textile and Garment Business.

Vietnam is a major garment exporter. Cotton from Vietnam is likewise of high quality.

As a result, the textiles and clothing industry is a popular and profitable one for you.

Because garments and textiles are among Vietnam’s most popular exports, any entrepreneur intending to start a firm in this sector is sure to make a lot of money.

Textile and garment trading is an option.

If not, you can start your own clothes manufacturing.

In brief, you have the option of dealing with bale clothing or selling prefabricated garments.

You must, however, have a good understanding of the outfits and garments you are constructing.

Furthermore, conduct thorough research on your target customer and tailor your business strategy accordingly.

However, regardless of how lucrative this business appears to be, it is ideal if you conduct your due diligence on the company.

This will allow you to choose what type of clothing you intend to sell and who your target market will be.


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Returns.

To make it to the list of top profitable business ideas for Vietnam, the textile and garment business must be hugely lucrative in the country.

₫ 2,276,000 daily may just be the lower limit of how much you can make from such a business. Try it out in 2024 and find out.

  1. Detergent and Cosmetic Production and Retail.

The demand for beauty goods is increasing in Vietnam, owing to the country’s growing economy and high youth population.

This is a fantastic opportunity for you to benefit handsomely from a popular business concept in Vietnam.

In Vietnam, detergent and cosmetics manufacturing is one of the most popular business ideas.

People are continuously looking for new and distinctive things, therefore there is a steady demand.

As a result, detergent and cosmetics manufacture can be profitable.

The detergent powder is a fast-moving consumer good with a large market potential in Vietnam.

With more individuals becoming educated in Vietnam, the need for detergent is increasing regularly.

The detergent powder can be used for a variety of applications, and as an entrepreneur, you can start the firm on any scale you choose based on your cash.

Make sure you undertake thorough research and have a solid business plan in place.

The cosmetics sector, regardless of country, is recognized as a successful company, with many operators vying for a piece of the rich pie.

After performing a thorough market survey to determine who your target market is, you should decide on the niche of cosmetics you want to pursue.

Conduct thorough market research on demand, the type of product you want to pursue, and your target customers in both the cosmetics and detergents industries.

Profits.

This is the kind of business that involves killing two birds with one stone.

First, you are not only manufacturing but can also retail detergents and cosmetics.

Second, you are not dealing with one product but two wide varieties – detergents and cosmetics.

In a day, this kind of business in Vietnam has enough potential to generate ₫ 2,276,000 multiple times. Dare it in 2024.

  1. Bakery Business.

In Vietnam, a bakery is a popular business idea because of the high demand.

You may make good money selling many types of bakery foods.

Starting a bakery in Vietnam is not only profitable, but it also has the potential to grow into a large and successful enterprise.

You can start a bakery business from home and sell to your neighbors if you know how to bake.

Therefore, if you have the space, you can even open a small bakery in your home.

You may bake a wide range of products, from sweet rolls to cakes, to appeal to a wide range of customers.

Make a thorough examination of the things in high demand in your immediate vicinity. For a change, try introducing different bakery items.

Organize local food events in your neighborhood and ask people to sample your limited-edition products.

You can also establish a bakery class and educate interested people of all ages, young and old, on how to bake. In Vietnam, the bakery is one of the most popular business ideas.

This widens your possibilities of making more money with not only your business but also sharing your skills.

You’ll need to come up with innovative marketing methods that will help you compete with rival bakeries.

Returns.

Look, apart from selling your baked confectionaries, you are also teaching others how to bake at a fee. Is ₫ 2,276,000 daily a target too high to smash?

I doubt it is. Try a bakery business in Vietnam in 2024 out and see how much you can make daily.

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How to make money in Kenya without capital: Become a TikToker.

Top 10 Online Jobs In Kenya That Pay $10k+ Per Month

If you are looking for online jobs in Kenya, then this article is for you. Here are the top 10 online jobs in Kenya that you can do to earn ….

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Selling NFTs

Top 10 NFTs to Buy to Get Rich in 2024

The price of NFTs is continuing to rise as more and more people flock to the crypt0 space. It’s only a matter of time before we see another BTC-like explosion ….

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Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

In this article, we are going to look into the top 10 multilevel marketing businesses that are trending in Kenya. But before that, confession time. I have no affiliation with ….

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Most profitable business ideas 2022

Top 10 Most Profitable Business Ideas in Kenya, 2024

Starting a business isn’t always an easy thing to do. Why? Because there are a lot of things involved before you can open your doors for business. Some of these ….

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Cash apps to try in 2022

Top 10 Make Money And Earn Cash Apps To Try In 2024

If you are looking for some ways to make more money in 2024, then this list of apps is perfect for you. There are so many options out there, but ….

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How much is Kenyans.co.ke worth

Top 10 Kenyan Bloggers Making Ksh. 1M Monthly Blogging

Last year May — if you gave me an option to choose between full time employment and blogging I’d have picked full time employment without thinking twice. That’s because blogging ….

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Boda Boda Business Ideas in Kenya - Businesses That Will Make Money

Top 10 Businesses That Will Make You Money in Kenya in 2024

There is no denying that for 90% of new businesses in Kenya, the sole objective of starting a business is to make money. But, what if you started a business ….

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Best Telegram Channel for Forex

Top 10 Best Forex Channels For Telegram Signals

Telegram is a popular messaging app that allows users to send and receive messages, photos, videos, and other files. It also has a feature called channels, which are groups where ….

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Affiliate marketing Korea

Top 10 Affiliate Marketing Sites And Networks to Join in Korea

There are many Affiliate Marketing sites out there, but which are the best to join to make money in Asia in 2023? We have compiled a list of the top ….

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Best trading books for 2020

Top 10 ‘How to Make Money Books’ to Read in 2023.

If you care about your Finances, you must have found yourself reading a book or two on the same topic. Leaders read and if you have to lead as concerns ….

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Download TikTok

To The People Who Still Won’t Download TikTok, What’s Your Reason?

There are some people who still refuse to download TikTok, and we’re not sure why. This app is one of the most popular social media platforms in the world, and ….

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What are NFTs?

Tips for Investing in Cryptocurrencies – 5 Top Cryptos to Consider in 2024

The cryptocurrency market has experienced enormous growth over the past decade, and it is set to expand to new heights in 2024. There are thousands of options for crypto investors, ….

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earn money by chatting with strangers

TikToker, Earns $7,000 Chatting Men, Recommends ToChat

Earn money by chatting with strangers. Before this post, did you know that such a thing even existed? Well, while the notion might raise eyebrows, you can indeed make money ….

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Post Your First Video on TikTok

TikTok Business Ideas for Beginners for 2024

This blog post is all about TikTok business ideas for 2024. If you’re just getting started with TikTok and you’re not sure what kind of business you want to create, ….

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Creating engaging videos on TikTok - Download TikTok

TikTok Business For Beginners – How to Build an Audience with TikTok

Are you looking to grow your TikTok account? If so, you’re in luck! In this blog post, we will discuss some tips and tricks that will help you grow your ….

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Personal computer and smartphone repair services in Malaysia

The Ultimate Guide to Growing a Finance Blog

The world of finance has a lot of moving parts and is in a constant state of flux. The advice you share on your blog today may not remain relevant ….

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Popcorn business in Kenya

The Ultimate Guide for Starting a Popcorn Business

You are on the street walking around and your attention is caught by a Popcorn vendor outside some shopping mall. You can’t resist the urge to go get a packet, ….

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The One on One Guide of Options Trading

It hurts, doesn’t it? You opened an Options Trading account hoping to become rich overnight. You invested a lot of money in your first trade and lost. Invested more in ….

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Selling NFTs

The Most Profitable Ways to Make Money Selling NFTs

Recently, the crypto community has been swept up in a frenzy over Non-Fungible Tokens (NFTs). But what are they and why should you also want to get one? NFTs are ….

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The Best Forex And Options Trading Apps of 2023

There are a number of ways you can make money in 2023. Broadly, you can choose to be employed or be self-employed. I usually have a problem with that part ….

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Play to earn crypto games - Earn free NFTs

The 3 Best Play-to-Earn Crypto Games in 2024

Do you ever wish that your childhood dream of becoming a billionaire could actually become a reality? If you are reading this, the answer is probably yes. The idea of ….

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The 10 Best Online Trading Courses for 2022.

The 10 Best Online Trading Courses for Brazil

To be successful in online trading, it is important to have the right training and education. But which online trading academy is best for online trading lessons? Is it one ….

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Tahsin A. from Bangladesh became Trader of the week on Quotex platform, he earned $42 711!

Tahsin A. Earns $42 711! Becomes Trader of the week on Quotex

Are you ready to be inspired by a remarkable trading journey? In this exclusive interview, we share the story of Tahsin A., a dedicated trader hailing from Bangladesh, who today ….

2 comments
Suna west mp Peter Masara attacks Migori Governor over hoodwink projects within the county

Suna West MP Peter Masara Attacks Migori Governor Over Hoodwink Projects Within the County

Suna West Member of Parliament Peter Masara has again outrightly called out the governor of Migori County and his administration for the misappropriation of funds and underdevelopment evident in the ….

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What causes stocks to change

Stocks Trading for Beginners: Buy Your First Stock Price on Olymp Trade.

Are you looking for a guide on how to trade stocks on Olymp Trade? You’ve come to the right place! In this blog post, we will walk you through the ….

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Starting a Business for 10K

Starting a Business for 10K | Low Cost Businesses to Try in 2024

Can you start a small successful business with 10K? Of course, you can! And nothing should hold you back in 2024. Not capital. Not lack of business ideas. And certainly ….

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eCommerce business

Start an eCommerce Business in Kenya With Ksh. 1,599

What’s the most unique business that I can start in Kenya to enjoy profits & monopoly for at least one year! Any ideas? An eCommerce Business? There isn’t a single ….

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Tiara and Toppers - Start a small bakery business in Kenya

Start a Small Bakery and Earn 2,000/= Daily Baking Cakes from Home

Which is the most profitable business that I can start with almost no capital to earn Ksh. 2,000 daily in 2024? How about you start a small bakery at home! ….

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Start a Beauty Shop With Ksh. 2K to Make 5K= Daily

Starting a beauty shop with a limited budget is indeed a smart move, especially considering the potential for profitability in the cosmetics industry. Let’s delve deeper into the insights provided ….

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Spectre.ai Affiliate

Spectre.ai Affiliate Program. Earn Up to $3,650 For 10 Traders

This is for you if you want to start making money in Forex, crypto, digital options, or EPIC without trading. This is for you if you want to be a ….

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Uhanya beach in Bondo

Sorrow as Epileptic Man Drowns in Uhanya While Taking a Bath

Sorrow in Uhanya village as a 26-year-old man drowned and died in Uhanya Beach Bondo Siaya county. This sad turn of events happened on Tuesday at 6 pm as the ….

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Small scale business ideas

Small Scale Business Ideas for New Entrepreneurs

Are you looking for small scale business ideas that you can start now or in the next five years? If so, you have come to the right place. In this ….

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Skillshare affiliate - Learning, Online Learning

Skillshare Affiliate | How to Make $100 With Your Phone Today.

What are you currently using your phone for? Posting photos on Instagram? Posting videos on TikTok? Or just to view status stories on Facebook? Did you know that you could ….

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