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.
Real Bean Coffee, Trung Nguyen Legend and Lamant Coffee won the gold, silver and bronze prizes at the first Vietpresso Contest held in Ho Chi Minh City recently.
The Trung Nguyen group, Vietnam’s famous coffee business, plans to open 3,000 E-Coffee shops by 2020, before bringing the franchise chain to overseas market.
Trung Nguyen has opened E-Coffee, a small scale coffee shop franchise targeted at takeaway customers.
The estranged wife of Vietnam’s “Coffee King” has accused her husband’s company of forging signatures to remove her.
With the announcement to open 1,000 coffee shops in China, Trung Nguyen International (under Trung Nguyen chairman’s wife Le Hoang Diep Thao) is declaring war on its parent company Trung Nguyen Group.
Vinacafe Bien Hoa (HoSE: VCF) is placed among the top three instant coffee producers in Vietnam, alongside Trung Nguyen and Nestle.
VOV.VN - Trung Nguyen Legend has signed a cooperation deal with Shanghai Qinzhou Trade Co., Ltd, the Chinese Food Products Wholesalers, aiming to send G7 coffee products to eastern China where is home to the world’s busiest cities and commercial centres such as Shanghai, Hangzhou, Suzhou and Nanjing.
The three-year divorce dispute between Dang Le Nguyen Vu, chairman of Trung Nguyen Group, and Le Hoang Diep Thao has drowned Vu’s ambition of taking over the world-leading coffee brand Starbucks to dominate the global coffee market.
VOV.VN - Despite being the world leading exporter of Robusta coffee, Vietnam has to import instant coffee to meet special customers’ needs and a huge volume of green coffee beans every year from Laos and China for processing and exports.
VOV.VN - Vietnamese businesses need to closely coordinate with their partners and engage in value chains of the Republic of Korea (RoK) through distribution channels while paying heed to product patterns, packaging and labels towards building Vietnamese brands more well-known to the Korean market.
VOV.VN - Trung Nguyen coffee group opened a representative office in Shanghai, China on the afternoon of November 23, marking its development in the world market.
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.
VOV.VN - Franchising has become a popular business model around the world. Due to global integration, it has now reached Vietnam. But franchising is still a novel idea to most Vietnamese businessmen, particularly developing a franchise strong enough to compete globally.
Vietnamese coffee companies are trying to export processed products instead of raw materials, while in the domestic market, they are attempting to change consumer habits with the message ‘clean coffee’.
Competition is brewing among local and international coffee players.
VOV.VN - The outlook for the Myanmar market looks good— showing high potential for Vietnam exports and investment, said Bui Huy Son, director of the Vietnam Trade Promotion Agency.
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.
The Consumption Consultation magazine and Vietnam Economic Times hosted a ceremony in Ho Chi Minh City on November 25 to honour 100 products and services voted by consumers this year.
Vietnam Sugar cane and Sugar Association (VSSA) has proposed that the Prime Minister allow importing raw sugar instead of refined sugar to save foreign currency for the 2016-17 crop.