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Update news bubble tea
There are no longer bubble-tea streets in Vietnam’s big cities. Many big brands have reduced the size of their stores or even closed stores. However, the potential of this market is still huge.
Vietnam is a huge potential market for the bubble tea business. This drink is gradually becoming a favourite and popular drink among generations Y and Z.
As drinking bubble tea is no longer fashionable, the profit from bubble tea shops is on the decrease. Investors are rushing to open lemon tea shops instead.
So many bubble tea shops joined the market in recent years that many of them have had to give up the game.
Investments in F&B chains are increasing despite the signs of a growth slowdown.
Bubble tea has become so popular in Vietnam that some analysts say that it may become as popular to Vietnamese as coffee in the future.
Investors are flocking into the bubble tea market since demand is booming across the country.
Investors are flocking into the bubble tea market since demand is booming across the country.
VietNamNet Bridge - As bubble tea has become a ‘fashionable’ drink among Vietnamese young people, more bubble tea shops have popped up in cities recently.