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Starbucks struggles to beat Vietnamese coffee chains

Sep 30, 2020  | 

Despite recording double-digit growth last year, American coffee chain Starbucks remained in third place in revenues behind two local competitors. Its 2019 revenue of VND780 billion ($33.6 million), up 32 percent year-on-year, was behind market leader

Top fried chicken restaurant chains post 11 pct growth

Sep 25, 2020  | 

Vietnam’s three most popular fried chicken restaurant chains earned combined revenues of VND4.3 trillion ($185.5 million) last year, up more than 11 percent year-on-year. South Korean brand Lotteria recorded the highest revenues at VND1.68 trillion ($72.5

Pizza chains post double-digit growth

Sep 25, 2020  | 

With over 180 outlets, three popular pizza chains in Vietnam posted double-digit growth last year with combined revenues of over $83 million. American chain Pizza Hut was the revenue leader with VND749 billion ($32.2 million), up

Does franchising work in Asia? – Part II

Sep 22, 2020  |  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

In part I of this series, we looked at what franchising is, where it came from, why people do it, how it came to Asia in the first place, and some of the challenges that face

Burger King China Owner Weighs Sale of $1.2 Billion Unit

Sep 21, 2020  |  , , ,

TAB Food Investments, the largest global franchisee of Restaurant Brands International Inc., is exploring a sale of its China business in a deal that would value the asset at more than $1.2 billion, people with knowledge of

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