Vietnam’s coffee and tea chain market is valued at more than US$1.3 billion, making it the third largest in Southeast Asia after Indonesia and Thailand, according to Singapore-based venture capital firm Momentum Works.

VOV.VN - Vietnamese coffee brand Three O'Clock has officially entered the Indian market through an international franchising partnership, launching three stores simultaneously on November 8 in the city of Gurugram.

Despite the impact of the COVID-19 pandemic, competition between coffee chains in Vietnam has become increasingly fierce with more giants trying to grab a slice of the lucrative market.

Despite the pandemic restrictions, the race to open more shops between coffee brands continues full steam ahead.

VOV.VN - Coffee chain Cafe Amazon, which has over 3,500 branches throughout Thailand, is scheduled to open its second store on Phan Xich Long street in Phu Nhuan district of Ho Chi Minh City.