According to a source from the US General Consul in Ho Chi Minh City,US-based sandwich chain Quiznos will come to the city on December 18 tostart sourcing local partners for franchising, the Vietnam InvestmentReview heard.
Quiznos started in 1981 in Denver,Colorado and has since grown into a global fastfood brand with over2,200 restaurants in all 50 US states and 34 countries around the world.
Exclusive franchising will depend on specificregions and each stores needs at least 50 square metres, said a sourcefrom Quiznos.
“Quiznos has a healthy business modeland financial heft, and is prepared to grow in every market it enters,”said managing director Greg MacDonald.
On a similarnote, franchise holder of McDonald’s in Vietnam is taking the finalsteps to prepare for the inauguration of the company’s first restaurantin the country in February next year.
The company’sPR manager Le Ha My Tram revealed that McDonald’s will make public itsfirst location in Vietnam within the next two weeks.
Tram said the US fastfood giant has recruited 20 managers and 50 staff,who were sent abroad for training, adding: “Though our human resourcebase is solid, we will continue interviewing new recruits from December16-20 to find new staff.”
In late November, US coffeeand donut brand Dunkin’ Donuts launched its first shop in Ho Chi MinhCity’s District 7, laying the groundwork for what it plans to be anexpansive presence in the country.
Vietnam Food and Beverage Services Company (VFBS), a member of Imexpan Pacific Group, holds the franchise rights.
According to a senior brand expert and CEO of Pizzahome Hoang Tung,the key factor to the fastfood business is demographics and developmentperspective, both of which are very promising in Vietnam.
“Through the franchising model, fastfood has the potential to become apart of Vietnam’s culinary world. This is the way it has entered andprospered in countries around the world and become part of globalculinary culture,” said Tung.-VNA
Quiznos started in 1981 in Denver,Colorado and has since grown into a global fastfood brand with over2,200 restaurants in all 50 US states and 34 countries around the world.
Exclusive franchising will depend on specificregions and each stores needs at least 50 square metres, said a sourcefrom Quiznos.
“Quiznos has a healthy business modeland financial heft, and is prepared to grow in every market it enters,”said managing director Greg MacDonald.
On a similarnote, franchise holder of McDonald’s in Vietnam is taking the finalsteps to prepare for the inauguration of the company’s first restaurantin the country in February next year.
The company’sPR manager Le Ha My Tram revealed that McDonald’s will make public itsfirst location in Vietnam within the next two weeks.
Tram said the US fastfood giant has recruited 20 managers and 50 staff,who were sent abroad for training, adding: “Though our human resourcebase is solid, we will continue interviewing new recruits from December16-20 to find new staff.”
In late November, US coffeeand donut brand Dunkin’ Donuts launched its first shop in Ho Chi MinhCity’s District 7, laying the groundwork for what it plans to be anexpansive presence in the country.
Vietnam Food and Beverage Services Company (VFBS), a member of Imexpan Pacific Group, holds the franchise rights.
According to a senior brand expert and CEO of Pizzahome Hoang Tung,the key factor to the fastfood business is demographics and developmentperspective, both of which are very promising in Vietnam.
“Through the franchising model, fastfood has the potential to become apart of Vietnam’s culinary world. This is the way it has entered andprospered in countries around the world and become part of globalculinary culture,” said Tung.-VNA
