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Vietnam, an unlikely haven for gays and a lucrative business opportunity

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Gay rainbow flags are seen during a meeting of gay people in Hanoi. Photo: Reuters

If it had been in business a decade ago, Nguyen Anh Thuan’s restaurant would have been a target for late-night police raids to arrest lawbreakers and stamp out “social evils”.

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But Comga Cafe, in the heart of Vietnam’s capital, is no gambling den, after-hours bar or front for dealing drugs. It is a business friendly to people of all sexual preferences in a one-party state where conservative values are strong.

Yet Thuan is experiencing success instead of resistance. Prejudice is giving way to some liberalism, he says, in a country often labelled a human rights abuser but now one of Asia’s most progressive on gay, lesbian and transgender issues.

That has spawned a niche market of an estimated 1.6 million Vietnamese at a time of galloping growth, offering money-making opportunities to firms that provide services from travel and weddings to insurance and health care.

“Our business benefits a lot from the LGBT community,” said Thuan, who also advises businesses on lesbian, gay, bisexual and transgender issues, which are often abbreviated as LGBT.

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“Many LGBT people hold high positions in big firms and don’t have to hide themselves. Society is more open to them.”

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