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Locals ignore fast food losses

Locals ignore fast food losses

As fast food giants Lotteria and KFC report losses despite dominating the domestic market, their attractiveness to customers shows no signs of abating.

Foreign fast food chains show underwhelming performance

Foreign fast food chains show underwhelming performance

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.

Fast food market sees slower growth

Fast food market sees slower growth

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.

ASEAN consumers’ love for fast food wanes

ASEAN consumers’ love for fast food wanes

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.

McDonald’s to open third restaurant in HCMC

McDonald’s to open third restaurant in HCMC

(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.

US fast food chain enters Vietnam

US fast food chain enters Vietnam

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.