coffee chain

Update news coffee chain

Despite the impacts of the COVID-19 pandemic, competition between coffee chains in Vietnam has become increasingly fierce with more giants trying to grab a slice of the lucrative market.

Coffee trade prospect 2021

Many financial analysts expect a recovery in the agro-market in 2021, including the coffee sector.

Lemon tea, bubble yogurt chains shut down in 2020

The year 2020 challenged the courage of owners of cafes and lemon tea shops who struggled to survive the pandemic, lockdowns and consumers’ fastening their purse strings.

Big coffee chains compete with pavement sellers

Covid-19 has forced coffee chain owners to change their approach. Like small shops on the pavement, they now have to attract different segments of customers.

VN coffee market competition heats up with three more players

Based on what Vinamilk, Nestle and Nutifood are currently doing, analysts believe the three big companies will focus on the mid- and low-end market, especially the takeaway food segment.

Restaurants, coffee chains in Vietnam switch to selling online delivery

After HCM City decided to temporarily close restaurants and catering services with the capacity of more than 30 customers, they began selling online and delivering food.

VN coffee growers warned of gloomy future

Coffee prices have fallen dramatically, and some farmers are giving up because of problems because of price fluctuations and supply-demand imbalances.

Battle heats up among coffee chains in Vietnam

Highlands Coffee has been expanding its chain at a lightening speed, while Trung Nguyen has opened E-Coffee and Cong is exporting products.

For every three coffee chains that join the market, two leave

Entering the food and beverage sector in 2012 and opening a series of cafes, Phuc Long once caught the special attention when stating that it would compete with Starbucks, which set foot in Vietnam in 2013.

Vietnamese-owned coffee chains show strong rise

Many foreign coffee chains have failed to secure their positions in the market, but Vietnamese owned chains have reported revenue growth in recent years. But not all of them have made high profits.

Vietnamese market can be tough for foreign food & coffee brands

For the last half month, visitors to Coffee Bean and Tea Leaf at Dong Khoi Street located near the Metropolitan building in the central district 1 of HCMC can see only closed green doors.

Is it easy to make money from Vietnam’s coffee market?

Both Vietnamese and foreign investors are rushing to pour money into coffee farms and coffee house chains as the market is very promising. But not all of them will succeed.

More milk tea shops open in Vietnam

VietNamNet Bridge - More and more milk tea shops have opened recently, even though the selling price is relatively high for the majority of Vietnamese.

Firms aim for higher profits by selling processed coffee

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’.

Foreign café chains facing competition from local outlets

VietNamNet Bridge - While gaining success in other markets, many foreign coffee brands have had to leave the Vietnamese market.

Coffee chains expand as profits remain high

VietNamNet Bridge - Coffee chains in Vietnam have been developing rapidly in recent years with annual revenue growth rate of 32 percent, according to Euromonitor.

How much is a cup of coffee?

VietNamNet Bridge - With the cost price accounting for only 20-25 percent, high-end coffee chains are making big profits selling coffee at VND40-90,000 per cup. 

Foreign coffee chains close, lack understanding of Vietnam’s culture

VietNamNet Bridge - Some foreign cafe chains, with powerful financial capability and strong brands, have left Vietnam, but many Vietnamese chains have been prospering. 

Instant-coffee makers experiencing tough days

VietNamNet Bridge - Trung Nguyen coffee giant and Vinacafe, a big instant-coffee maker, are facing business difficulties after reporting losses. 

Coffee chains face high rents, competitive market

VietNamNet Bridge - Coffee chains require long-term capital, but profits can be unpredictable as some chains have found.