The Vietnamese tea chain Phuc Long is to make its international with an opening in the US next month. Founded over 50 years ago in 1968, the brand launched their first brick-and-mortar store in Ho Chi Minh City in 2012. The company, that also sells coffees, now operates more than 82 stores, mainly in HCMC.

The U.S. Centers for Disease Control and Prevention has eased travel restrictions to many countries and territories and placed Vietnam in its list of safest destinations. Vietnam and Asian

Yolé, the international sugar-free ice cream and frozen yogurt brand, is launching in the UK, with four further sites lined up. The food-tech franchise’s first store is at Lakeside Shopping in July. This will be followed by openings in Canary Wharf, Covent Garden, a flagship store in Shaftersbury Avenue and White City, within a few

COVID forecasted doom for shared workspaces, and with it, a massive real estate downfall. However, in reality, coworking showed ingenuity in the face of crisis and is now open to new opportunities Last spring provided cloudy forecasts for the shared workspace sector in Israel and around the world. What was once considered a home run

After more than a year of Covid-19 pandemic restrictions, business activity and the economies of many countries are picking up worldwide, though unevenly. That includes international franchising. Here are 10 recent deals global brands have announced. 7-Eleven plans to open stores in Laos and Cambodia in the next 12 months. The first Cambodian store will open

Regus expands in the Horn of Africa, with a strategic opening in the trade hub of Djibouti City — The Republic of Djibouti has embraced global demand for hybrid and remote workspaces with the launch of a new Regus centre in the country’s capital, Djibouti City. Part of leading international workspace provider IWG, the new centre opened on June 3rd in

Vietnam’s economy, supported by digital growth, may just give Southeast Asian (SEA) emerging digital darling Indonesia, a run for its money. Whilst ASEAN powerhouses like Singapore and Indonesia tend to garner a lot of mainstream attention, Vietnam has been steadily growing its highly promising digital economy. In recent years, the

The world of global business has been hugely disrupted by the Covid-19 crisis. Countries normally very busy with new franchise development and the opening of new franchise outlets saw many months in 2020 of almost complete shutdown, as well as many permanent closures. Travel between countries to find licensees, start-up new license operations, and to

Paris Baguette, one of the most popular bakeries and cafes in South Korea, has landed in Cambodia. The SPC Group, the company that owns the said bakery brand, announced the opening of the very first branch in the region’s capital city, Phnom Penh. The bakery

Pizza chain Domino’s (DMP) has locked in Taiwan as the next region on its expansion hit list Under a deal with Formosa International Hotels, Domino’s will purchase all of Domino’s Taiwan for $79 million That includes 138 franchised stores and 19 corporate stores

While analyzing the business climate of 2020, it is no secret that restaurants and hospitality businesses were some of the most devastated. As a result, high-profiled celebrities including TV’s Guy Fieri and Podcast impresario Dave Portnoy turned to fundraising in order to bolster a wilted industry. However, while many small-to-mid-size restaurants shut their doors, there were many more

Cafes remain an attractive option for investors in the franchising industry.  That doesn’t mean every café or coffee chain will work in all countries across Asia.  In a previous article we discussed the café and coffee industry in general.  You may find it here: IS IT TOO LATE TO BUY A COFFEE FRANCHISE? So, let’s