With restaurant and café chains struggling with dropping revenues and downsizing amid the spreading pandemic, thousands of employees in the service sector will be out of their jobs, which will likely increases risks related to social security.
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.
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.
In spite of receiving investments from foreign investors with powerful financial capability and strong brands, numerous coffee chains in Vietnam still either closed or scale down operations.
While gaining success in other markets, many foreign coffee brands have had to leave the Vietnamese market.