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Home disadvantage in franchising

Home disadvantage in franchising

The inherent incompatibility of uniform taste offered by franchise restaurants and regional differences in taste have contributed to the downfall of Pho 24 and the poor sales of Pho Ong Hung, which offer many lessons to learn from.

Vietnam looks to promote franchise market

Vietnam looks to promote franchise market

The Ministry of Industry and Trade (MoIT) has licensed 17 foreign enterprises specialising in franchises to operate in Vietnam so far this year, according to statistics from the ministry.

Fast food chains incurring losses

Fast food chains incurring losses

Foreign fast food chains have been in Vietnam for more than 10 years and have annual revenue of trillions of dong. But many of them continuously take losses.

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.

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.

206 foreign brands franchised in Vietnam

206 foreign brands franchised in Vietnam

The Ministry of Industry and Trade has granted 206 franchise licences for foreign brands in Vietnam since 2007, reports from the ministry showed.

McDonad's Vietnam to open first restaurant in Hanoi

McDonad's Vietnam to open first restaurant in Hanoi

After securing a strong footprint in Vietnam’s southern metropolis of Ho Chi Minh City, fast-food giant McDonald’s is looking to consolidate its presence by moving its business to Hanoi. The long-awaited move will take place amidst the on-going expansion of international fast-food brands.

Is the franchise boom over?

Is the franchise boom over?

Many investors who once intended to start up business with franchise contracts have given up because of the high investment rate.

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.

Catering named most franchised business in Vietnam

Catering named most franchised business in Vietnam

Catering is currently the most franchised business in Vietnam, accounting for 43.7% of the recorded franchise deals, according to the Ministry of Industry and Trade’s Domestic Market Department.

Vietjet Air and Lotteria sign strategic deal

Vietjet Air and Lotteria sign strategic deal

Low-cost airline Vietjet Air and fast food chain Lotteria Vietnam signed a strategic cooperation agreement in Hanoi on March 13 with the aim of bringing significant added value to customers of both parties.

Int’l Retail and Franchise Exhibition opens in HCM City

Int’l Retail and Franchise Exhibition opens in HCM City

(VOV) - The Vietnam International Retail and Franchise Exhibition (VIETRF) running from October 30–November 2 in HCM City kicked off with 170 companies from 12 countries featuring many household name products and services.