Go Global Franchise Fund inaugurated in Vietnam

Go Global Franchise Fund is committed to supporting and accompanying startup businesses to achieve success and spur development, according to Trustpay JSC that manages GGFF.

Besides capital investment, GGFF also provides consulting services, training and financial support for businesses. It is willing to cooperate with organizations and businesses that share the same goals and vision to help businesses develop strongly and sustainably.

Nguyen Tuan Quynh, co-founder and CEO of GGFF, notes this investment fund is dedicated to start-ups, small and medium-sized enterprises in the franchising and licensing industry in Vietnam and Southeast Asia.

GGFF prioritizes investing in businesses, especially innovative startups, within the ecosystem of Go Global Holdings, he says.

Experts say franchising is the most optimal investment method amid difficulties in the real estate market at present.

Vietnam is an attractive franchise market in Southeast Asia with many potential fields such as food and beverage, cosmetics retail, consumer goods, and fashion. Businesses still encounter difficulties in undertaking this form of business due to their limited knowledge of professional franchising.