Subway set to open in Vietnam

US sandwich chain Subway plans to open its first Vietnamese store in HCM City in August, said Fred DeLuca, president and co-founder of the chain.
US sandwich chain Subway plans to open its first Vietnamese store in HCM City inAugust, said Fred DeLuca, president and co-founder of the chain.

DeLucaunveiled a plan to develop a chain of 25 Subway restaurants in Vietnam in thenext five years at a press conference in HCM City on March 15.

Theinvestment capital to set up each Subway store is around 100,000 USD under thefranchise model.

Subway is the largest submarine sandwich chain and thesecond largest fast-food chain in the world, with more than 32,000 locations in91 countries.

In 2009, worldwide sales reached more than 13 billionUSD.

Vietnam is the tenth country in Asia in which the company has chosento invest./.

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