Vietnam is a country with a lot of opportunities for franchising, with many businesses having the capability to become a franchisee, even a master franchisee, a conference has heard.

By now, everyone and anyone will have heard of COVID-19 and its terrible impact on society and the global economy. 

The International Franchise Association ranked Vietnam eighth out of the 12 most valuable markets for global expansion, according to Nguyen Phi Van, chairwoman of Retail & Franchise Asia.

VietNamNet Bridge - Franchisers in the food & beverage (F&B) sector have been told to continue their business model to prosper, but it is the service sector which will be the future of the franchise industry.

 VietNamNet Bridge – RedSun ITI has taken its chain of Truly Viet restaurants to Australia under the franchise model.

VietNamNet Bridge - Franchises are very popular in many countries but have not boomed until recently in Vietnam, with dozens of franchise brands. Notably, 7 Vietnamese brands have been franchised abroad.  

High ranking executives of the US McDonald’s came to Vietnam in 2012, a signal showing that the giant was eyeing the Vietnamese market.