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.
DeLuca unveiled a plan to develop a chain of 25 Subway restaurants in Vietnam in the next five years at a press conference in HCM City on March 15.
The investment capital to set up each Subway store is around 100,000 USD under the franchise model.
Subway is the largest submarine sandwich chain and the second largest fast-food chain in the world, with more than 32,000 locations in 91 countries.
In 2009, worldwide sales reached more than 13 billion USD.
Vietnam is the tenth country in Asia in which the company has chosen to invest./.
DeLuca unveiled a plan to develop a chain of 25 Subway restaurants in Vietnam in the next five years at a press conference in HCM City on March 15.
The investment capital to set up each Subway store is around 100,000 USD under the franchise model.
Subway is the largest submarine sandwich chain and the second largest fast-food chain in the world, with more than 32,000 locations in 91 countries.
In 2009, worldwide sales reached more than 13 billion USD.
Vietnam is the tenth country in Asia in which the company has chosen to invest./.
