McDonald’s is coming to Vietnam
Aug 30, 2012
McDonald’s plans to open restaurants in Vietnam, with the first to open in Ho Chi Minh City “in the next two years”.
McDonald’s senior officials have visited Vietnam to talk to prospective franchisees and planning is now under way for the first stores. The real opening time is likely to be far less than two years, depending on McDonald’s ability to ensure a reliable and secure supply chain of fresh ingredients and complete its complex training program of franchisees and then staff.
The American fastfood chain – a notable absence in the market which is dominated by KFC, Pizza Hut and Korea’s Lotte-owned Lotteria – plans to open two outlets in Ho Chi Minh before expanding to Hanoi.
Long term it plans 100 outlets, according to the unidentified official.
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By Robert Stockdill