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Vietnam ranks eighth for global franchise expansion

Vietnam is the world's eighth most valuable market for global franchise expansion, according to the International Franchise Association.


McDonald’s to open first store in Hanoi

KFC, Lotteria and Burger King have been competing fiercely in Hanoi for the last 10-20 years. But McDonald’s has now finally entered the picture after arriving in Vietnam three years ago. 

How are US fast-food chains doing in Vietnam?

VietNamNet Bridge - The Vietnamese market with its limited number of consumers accustomed to western food, has still been able to attract fast food giants from the US.

Not all big players can succeed in fast-food market

VietNamNet Bridge - Many well-known fast food brands are jumping into the Vietnamese market through franchise contracts.

Fast food market is deflating

 VietNamNet Bridge - Foreign investors, including the two giants McDonald's and Starbucks, have to face cultural and local issues when they enter Vietnam.

Foreign fast-food chains not performing as expected in Vietnam

VietNamNet Bridge - Many international fast food chains are finding that the Vietnamese fast food market is not so easy to conquer. 

Starbucks, McDonald's arrival just a storm through the village

 A population of 90 million with 65 percent under 35 years of age, rising incomes, increasingly busy lifestyles - these are the factors supporting the strong growth of the fast food industry in Vietnam.

McDonald’s sales show attractiveness of Vietnamese market

VietNamNet Bridge – Within the first 24 hours after the first shop in HCM City opened, McDonald’s received 22,500 customers, equal to one-tenth of the population in one district in the city.

McDonald's hits one millionth customer after six months

 VietNamNet Bridge - Before opening its third restaurant in Ho Chi Minh City, McDonald's announced that it had received its one-millionth customer after six months of operation in Vietnam.

Many foreign big guys to be present in Vietnam in 2014

Following the “fellow-countrymen,” McDonald’s will surely turn up in Vietnam in February 2014. Other well-known foreign brands, including  Anheuser-Busch InBev and Dairy Queen will also arrive.

McDonald's to open first restaurant in Saigon in early 2014

 VietNamNet Bridge - The first store of McDonald's in Vietnam is located at the Dien Bien Phu - Nguyen Binh Khiem rotation, District 1, the gateway to the East of HCM City.

Wall Street turns higher despite lackluster economic data

 U.S. stocks reversed earlier losses to trade into green territory on Monday despite disappointing economic data and McDonald's earnings report.

Nguyen Bao Hoang and McDonald's dreams

 VietNamNet Bridge – Nurturing the idea of bringing McDonald's to Vietnam for 10 years, Nguyen Bao Hoang opened his own company, kept contact with the partner and scheduled to open the first store in the first quarter of next year in HCM City.

Fast food empires gear up for their plans to conquer Vietnamese market

McDonald’s, the US fast food giant, is moving ahead with its plan to conquer the Vietnamese market through the franchised shop network. Its first stop would be HCM City.