Article posted: 11/15/2012 7:04 AM

Amid Vietnam gloom, U.S. company promises riches

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Australian Brian Tan, right, a ìblue diamondî sales executive of Nu Skin, a multilevel marketing company, speaks during a presentation to economic students to expand and recruit distributors for his sales system at Nu Skin's office in Ho Chi Minh City, Vietnam. Nu Skin, which has stormed through Asia over the last two decades, racked up huge profits despite regulatory scrutiny over its marketing practices and the efficacy of the products that it sells.

Associated Press

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The Australian salesman flashed up a slide of a black Rolls Royce and pitched enticingly to a roomful of Vietnamese students facing an uncertain economic future: join me in selling anti-aging products and the car — and much more — could be yours in just a few years.It's a simple formula that has worked well for the company, Nu Skin, which has stormed through Asia over the last two decades, racking up huge profits despite regulatory scrutiny over its marketing practices and the efficacy of the products that it sells.