HO CHI MINH CITY: Malaysia offers vast opportunities for franchise companies from abroad, particularly Asean countries, to expand into the Malaysian market.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Hamzah Zainuddin said Malaysia has specific legislation to regulate the franchise industry in order to spur its growth.

“Malaysia leads the franchise industry in the region as we are armed with the Franchise Act 1998, and has an inclusive development plan to support the industry.

“Not many countries have such laws to regulate the franchise industry like Malaysia,” he said during the Malaysia-Vietnam business forum in conjunction with the 9th Vietnam International Retail and Franchise Show here yesterday.

...

Full Article on TheStar