Mon Hue

Update news Mon Hue

Money-hungry F&B startups flounder

The collapse of Mon Hue and Soya Garden shows not only the risk of investors when they pour money into startups in food and beverage chains, but also the inadequacies of utilising investment capital inefficiently.

Is the restaurant market still attractive?

A lot of restaurants have had to shut down, but Vietnam remains an attractive market in the eyes of many investors.

Debt-laden eatery chain’s bank accounts empty: investors

Foreign investors of the loss-making Vietnamese food chain Mon Hue have claimed that some US$80 million has disappeared from the firm’s bank accounts.

 

High retail rent eating into F&B chains’ profits

Forced to pay high rent for retail premises, many F&B chains have had to shut down.

Foreign investors reject Mon Hue founder’s statement

Foreign investors in Mon Hue, a chain of up to 80 restaurants across the country, have rejected the claims of Huy Nhat, founder and chairman of the chain, that they had taken over the chain. 

The F&B chains that failed in Vietnam

Many big players have had to leave, but the Vietnamese food & beverage (F&B) market has never been more attractive in the eyes of investors.

Why do some F&B chains fail in Vietnam?

Before its Mon Hue chain had to shut down, Huy Vietnam was praised as the pioneer in developing food & beverage (F&B) chains, which had successfully called for tens of millions of dollars worth of foreign investment.

Mon Hue woes a warning to chains

The closure of much of the Mon Hue chain has demonstrated the risk that food and beverage businesses can suffer from, as the collapse cements that attracting investment funds does not equal an ability to balance the books. 

Mysterious investor wants to buy Mon Hue restaurant chain

A woman who introduced herself as an investor of Huy Viet Nam, the company that owns Mon Hue restaurant chain, wants to buy Mon Hue to revive the unprofitable chain.

Six Asian investors are filing a lawsuit against Huy Vietnam

Six Asia-based investors of Huy Vietnam are filing a lawsuit against founder Huy Nhat for suddenly closing the Mon Hue restaurant chain.

Restaurant chain Mon Hue owes more debt than previously reported

Mon Hue, a chain of restaurants with a large network of outlets across the country, suddenly closed its doors recently.

Investors sue founder of loss-making eatery chain Mon Hue

Major investors of Huy Vietnam Group Limited have taken legal action against Huy Nhat, the founder and chairman of Mon Hue, a chain of up to 80 restaurants across the country, as the firm has closed its eateries due to heavy debts.