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Vietnam is a rapidly developing country, which serves as a foundation for the emergence of unique new service industries. In this article, Mytour shares with you the top 10 most innovative business ideas in Vietnam.
1. Delivery Services by Robots and Drones
Although delivery services by robots and drones are common worldwide, they are still a relatively new concept in Vietnam. Delivery systems using robots and drones have become highly popular because they not only save costs but also maximize delivery speed. However, this is a challenging idea in Vietnam due to the country's complex transportation infrastructure. Additionally, deploying drones requires permission from relevant authorities.
2. Pet Walking Services
Pets have gradually become an essential hobby in life, and in recent years, we have witnessed a surge in pet-related services, such as pet hospitals, pet boarding, pet care, grooming, and more. However, pet walking services have yet to be explored, offering a unique business opportunity for animal lovers who seek a new experience in the pet world.
3. Mental Health Care Services
While health and beauty care services are abundant, mental health care services are still relatively new. Over the past few years, mental health issues have become more complex, and many individuals face undesirable mental health conditions due to delayed treatment. However, opening a mental health care service requires substantial expertise, knowledge, and experience.
4. Pre-purchase Home Inspection Services
In recent years, real estate-related services have become more popular than ever. The real estate market in Vietnam includes new homes, old houses, and subdivided land properties. Among them, older homes and subdivided land properties are considered to be the riskier options. It's difficult to assess the quality of older houses just by visual inspection; it requires experienced professionals, knowledgeable individuals, and precise measuring tools. Meanwhile, subdivided houses may pose hidden risks due to cost-saving construction methods, leading to long-term consequences.
5. Pet Park Rental Services
Pet parks – You heard it right. This is a promising business opportunity in the future as pets are becoming increasingly integrated into people's lives. Some owners even consider their pets as children or grandchildren and always look for the best care and attention for them. In central urban areas, pet parks and green spaces for pets are still quite limited. Opening a business focused on pet parks and entertainment for pets is a perfectly sensible idea.
6. Personalized Color Consulting Service
The Personalized Color Consulting Service helps individuals understand which colors suit their body and preferences, guiding their choices in clothing, hair color, accessories, and more. Beauty services in daily life have never been more popular and continue to be seen as a lucrative potential for the future.
7. Autonomous Taxi Service
Autonomous taxi services are no longer a novelty in China. Self-driving taxis are seen as the future of transportation as they save labor costs and enhance safety. This industry combines artificial intelligence, mapping, and GPS, making it quite complex. However, if autonomous taxi services can be implemented in Vietnam, it could become a highly profitable business. With passion and financial backing, this is an exciting business opportunity.
8. Signature Design Services
Personalization of preferences is increasingly sought after, particularly by business professionals. The signature design service in Vietnam is still relatively new, with few practitioners, but it is expected to become a highly popular industry in the future. Alongside signature design, you could also develop services such as baby naming and brand identity recognition…
9. Healing Services
'Healing' has become one of the hottest buzzwords of 2024, and it's a missed opportunity if you don't take advantage of the healing services market. Healing can encompass various activities, such as outings, conversations, or relaxation. Essentially, anything that helps people feel more at ease, clears the mind, and brings joy to the spirit can be considered healing. This is an abstract business field, so a significant amount of time must be spent learning, researching, and creating.
10. Craftsmanship and Decorative Arts Services
Vietnamese handcrafted art has consistently been ranked among the best in the world, and if you have a talent for it, you should definitely nurture it. There are many renowned artisans in Vietnam, such as Huỳnh Phương Đỏ from Hội An, known for bamboo root carvings, Bùi Văn Tự from Ninh Bình, a master of light sculptures (he created the artwork 'Great Russia' for President Putin), and Trương Văn Đạo from Bắc Ninh, who creates wooden supercars. The market for handcrafted art is thriving, as more wealthy collectors are seeking unique and exclusive items.
In this article, Mytour has shared with you the top 10 services that are yet to exist in Vietnam, along with some innovative business ideas. We wish you success in finding an idea that suits you!
