As fast food giants Lotteria and KFC report losses despite dominating the domestic market, their attractiveness to customers shows no signs of abating.
Most foreign fast food chains in Vietnam have failed to realise their initial expansion plans made upon entering the market. Recently, some have suggested that international brands have failed to defeat local Vietnamese food stalls.
The heyday of fast food chains seems to be over in Vietnam. The number of fast food shops has been decreasing in an era when people are trying to ‘live slowly’.
'Banh bao' or steamed bun dumpling cake is a very popular Vietnamese dish as is sold at Vietnamese market, Vietnamese fast food stores and restaurants.
There are more and more foreign-style cafes and fast-food restaurants that attract youth and travelers in Hanoi.
The fast food chains that arrived early in Vietnam have seen growth slow, while the chains which came later seem to have fewer opportunities. The heyday of the fast food sector is over.
VOV.VN - Philippines-based fast food chain Jollibee has revealed plans to open an additional 20 franchises across Vietnam by 2020 as part of a robust expansion strategy serving the Vietnamese market.
Burger King, a famous fast-food brand, has experienced tough days in the Vietnam market.
Consumers in the Association of Southeast Asian Nations (ASEAN) are tightening their belts during a sluggish economic time by cutting their spending on fast food.
Jollibee has begun franchising in Vietnam, marking a new strategy in the country for the Philippine fast food chain.
Take-away fast food is booming at the moment as Vietnamese companies team-up with foreign fast food giants to expand their businesses.
The Can Tho City chapter of the Vietnam- Philippines Friendship Association held its founding congress on December 19 in an attempt to boost ties between the Mekong Delta city and the Philippines.
(VOV) - McDonald’s, the world’s largest chain of hamburger fast food restaurants, plans to open its third restaurant in Phu Lam area, west of HCM City, following the successful operation of the other two in the city.
The Mekong Delta is renowned for its floating markets which are typical of the Phung Hiep and Cai Be districts.
The CKE Restaurants chain is keen to expand its business on Vietnam’s consumer market, said CEO Andrew F. Puzder on June 1 at the opening of its first restaurant in the country.