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Highlands Coffee
Update news Highlands Coffee
Social distancing and compulsory lockdowns are throwing a wrench in beverage chains’ market expansion plans this year adding insult to injury for these already unhealthy firms.
Starbucks, Coffee Bean, and Tea Leaf losing to Vietnamese chains
Starbucks was the only foreign café chain to make it into the Top 5 in Vietnam, according to Euromonitor.
Exciting times ahead in F&B and FMCG
Vietnam’s mergers and acquisitions market is abuzz in food and beverages, as well as in consumer goods, as the competitive landscape evolves and rivals reshape their portfolios.
Coffee chains, both domestic and foreign, prosper in Vietnam
VietNamNet Bridge - Starbucks Vietnam continues to make a profit though its network has expanded slowly and its prices remain high.
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.
For coffee chains to survive, investors need to prepare for the long term
VietNamNet Bridge - Vietnam is a highly promising market for coffee chains, but not all investors can succeed here.
Ice Sai Gon coffee stirs up style in central city
VietNamNet Bridge – Having succeed in opening a series of European
style cafes in HCM City, Le Nguyen Tung Lam has introduced his own
brand, Cafe Da Sai Gon, (Sai Gon Ice coffee) in the central Da Nang
City.
Coffee market large enough for late comers
VietNamNet Bridge – The Vietnamese coffee market is large enough not
only for the strong brands such as Starbucks, Trung Nguyen or Highlands.
A lot of small cafes have been living well, while more and more new
take-away cafés have opened.
