Franchises in Vietnam have grown so far in a stable manner. With a new trade law soon to be passed, I hope that this activity will continue to flourish. The need to revise the above regulations should therefore be taken into account. You can easily apply online on your official website on your official website on www.adidas.co.in/ for Adidas dealers and for all the details or information about the location of the establishment in India, you can send the application form to the following address. The franchise can be located in a commercial space of 1000 to 1500 square meters. A noble commercial area, large markets, shopping malls, etc., are potential prospects for the company. Foreign franchisors are required to register their franchising activities before granting franchises to Vietnam. If they operate in the country without a registration certificate for franchised companies, they will have to expect administrative penalties, including fines of between $10 million and $20 million (approximately US$439-878). – the authorisation of the main franchisor for the sub-franchiser in the case of a sub-franchiser; The demand for sports brands like Adidas is always increasing among all ages from young to old, getting a franchise of this brand is a good start for the company, as they always maintain their loyalty to provide quality products to customers. In the sportswear and footwear business, Adidas still holds a higher turnover and also has a brand name among people. If you are considering starting a business in the sportswear and footwear franchise sector, adidas franchise is the best opportunity to create a business in the retail trade. According to the Vietnamese Ministry of Industry and Trade (MoIT), some 235 franchises have entered Vietnam.
It is only franchises that must register with MoIT before they begin to operate officially under the 2005 Trade Act. In the late 1990s, the franchise was still a strange concept for most people in Vietnam. Under Order 35, the franchisor is required to provide the franchisor with information relating to the franchise system, i.e. a copy of a form of franchise agreement and a launch of the franchise, at least 15 days before the contract is signed.