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Café chains earn big money in Vietnam

Café chains earn big money in Vietnam

Vietnamese consumption of coffee increased from 0.43 kilograms per head per annum to 1.38 kilograms in the 2005-2015 period, a report had found.

Franchise restaurants boom in Vietnam

Franchise restaurants boom in Vietnam

Not only are Vietnamese restaurateur reaching out to foreign brands to import their business models, global franchisors now view Vietnam as a huge potential market to expand their network.

Another Starbucks café opens in Vietnam

Another Starbucks café opens in Vietnam

VOV.VN - Starbucks has officially opened its 29th café in Vietnam, which is located at 15A Tran Phu Street in the northern port city of Haiphong.

Vietnam has huge potential in franchising

Vietnam has huge potential in franchising

Dozens of franchises are being established in Vietnam and more new brands are expected to enter the market in the near future, according to experts.

Starbucks restaurant opens in Hanoi

Starbucks restaurant opens in Hanoi

VOV.VN - Starbucks Vietnam has opened its first new style restaurant at 6 Nha Tho Street in the Hoan Kiem District of Hanoi.

All signs point to sustained growth

All signs point to sustained growth

Behind Vietnam’s strong economic growth and widespread national development, there is an engine of increasing foreign direct investment.

Coffee chains boom in Vietnam

Coffee chains boom in Vietnam

Despite stiff competition and high operation costs due to high rent, more and more coffee chains, both foreign and Vietnamese, have opened recently.

How much is a cup of coffee?

How much is a cup of coffee?

With the cost price accounting for only 20-25%, high-end coffee chains are making big profits selling coffee at VND40-90,000 per cup.

Starbucks dominates SE Asia, but not in Vietnam

Starbucks dominates SE Asia, but not in Vietnam

The high growth rate of Phuc Long is just one example that shows the strong rise of domestically owned café chains, where Vietnamese like going to foreign-owned Starbucks or Coffee Bean & Tea Leaf.