Pho 24

Update news Pho 24

Chain business models under spotlight after Egroup woes

Locally-invested private firm Egroup, primarily involved in education and tech, has been bogged down in difficulties due to its heavy investment into two businesses in Vietnam, which are also facing passive losses.

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.

Vietnamese franchisers market brands to the world

Some Vietnamese businesses are trying to make domestic brands better known internationally through franchise contracts. If they can find partners, they will be able to accomplish their goals more quickly.

Vietnam has seven brands for franchises abroad

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.  

Behind the acquisition of Pho 24

 VietNamNet Bridge – Nurturing the ambition of turning Pho 24 into a world class brand, eventually Mr. Ly Quy Trung decided to sell this brand for $20 million.