Vietnamplus

THACO said it has completed the acquisition of hypermarket business in Vietnam of Emart Inc of the Republic of Korea

Vietnam will become an attractive destination for franchising businesses after the pandemic ends, experts have said.

Vietnam will become an attractive destination for franchising businesses after the COVID-19 pandemic ends, experts have said.

Five exhibitions - the Vietnam International Machinery Fair, Vietnam Supporting Industry Fair, Vietnam International Retailtech and Franchise Show, Vietnam International Premium Products Fair, and Vietnam International Maternity Baby and Kids Fair - opened in HCM City on December 17.

The 24th Vietfood and Beverage - ProPack International exhibition is to take place at the Saigon Exhibition and Convention Centre (SECC) in HCM City from August 6 to 9.

The 11th Vietnam International Retail Tech and Franchise Show (VIETRF) opened on October 31, gathering 180 franchise brands and 100 technology companies in Ho Chi Minh City.

Following its success in previous years, the Vietnam International Retail Tech and Franchise Show will see its 11th edition organised in Ho Chi Minh City this week.

The Trung Nguyen group, Vietnam’s famous coffee business, plans to open 3,000 E-Coffee shops by 2020, before bringing the franchise chain to overseas market.

Pho Thin, a renowned family-run pho restaurant in Hanoi for 30 years, has opened its second franchise in Melbourne, Australia after its first in Tokyo in March this year.

Vietnam’s retail market, one of the three most dynamic in Asia-Pacific, grows 12 percent annually, making it a new rich land for franchisers.

The International Franchise Association ranked Vietnam eighth out of the 12 most valuable markets for global expansion, according to Nguyen Phi Van, chairwoman of Retail & Franchise Asia.

After food and beverage and other sectors, it is the turn of convenience stores franchisers to eye the huge Vietnamese market.

Pho Thin – a family-run noodle shop in Hanoi open for 30 years – has opened its first franchise in Tokyo.

Pho Thin – a family-run noodle shop in Hanoi open for 30 years – has opened its first franchise in Tokyo.

Pho Thin – a family-run noodle restaurant in Hanoi open for 30 years – has opened its first franchise in Tokyo.

The Ministry of Industry and Trade (MoIT) has licensed 17 foreign enterprises specialising in franchises to operate in Vietnam so far this year, according to statistics from the ministry.

The 10th Vietnam International Retailtech & Franchise Show (VIETRF) is taking place at the Saigon Exhibition & Convention Centre in Ho Chi Minh City from November 1 – 3.

The 10th Vietnam International Retailtech & Franchise Show (VIETRF) will take place in Ho Chi Minh City from November 1-3.

With its high economic growth rate and population of over 90 million, Vietnam is becoming an increasingly attractive destination for international franchising businesses, especially in the food and beverages sector.

The Ministry of Industry and Trade has granted 206 franchise licences for foreign brands in Vietnam since 2007, reports from the ministry showed.