VOV.VN - Starbucks has recently introduced a series of exclusive new designs and products aimed at honouring Vietnamese culture as celebrations get underway to mark the coffee firm’s seventh anniversary since entering the Vietnamese market.
You can easily find a cafe in Vietnam where you can enjoy free wifi. Which coffee chain is the most successful in Vietnam?
Competition is fierce among the top five coffee shop chains in Vietnam, but Highlands Coffee tops the revenue spot.
An article published by US magazine Forbes has recently considered Vietnam as the hottest investment destination in Asia.
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.
Though the Vietnamese café market has always been bustling, more and more coffee chains are continuing to join the market.
Local coffee shop chains are outmaneuvering international brands like Starbucks by catering to customers’ demands.
Starbucks will open its first café in Da Nang City on February 3 to celebrate five years of its presence 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.
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.
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.
VOV.VN - Starbucks Vietnam has opened its first new style restaurant at 6 Nha Tho Street in the Hoan Kiem District of Hanoi.
Vietnam is among the top three most expensive countries to sip a Starbucks, compared to the U.S. coffeehouse chain’s home country, a survey finds.
Behind Vietnam’s strong economic growth and widespread national development, there is an engine of increasing foreign direct investment.
Despite stiff competition and high operation costs due to high rent, more and more coffee chains, both foreign and Vietnamese, have opened recently.
Competition is brewing among local and international coffee players.
VOV.VN - US Beverage Company Starbucks Vietnam on January 10 issued new gift cards under Starbucks Rewards Program after four years operating in the country.
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.
US beverage company Starbucks Vietnam recently announced that it will open two stores this month, bringing its total in the country to 23.
High rents and expensive imported materials have driven local and foreign cafés into a costly coffee tug-of-war to win Vietnamese customers.