The status of franchising when withdrawing from markets

The status of franchising when withdrawing from markets

A series of Western companies such as McDonald’s, Unilever, Shell, Goldman Sachs, and many more have announced their withdrawal from Russia. Pham Duy Khuong, managing director at ASL Law, sheds light on the aspects of franchising in particular, and the legalities surrounding contracts.
Franchising landscape in Vietnam transformed by global pandemic

Franchising landscape in Vietnam transformed by global pandemic

By now, everyone and anyone will have heard of COVID-19 and its terrible impact on society and the global economy. According to a new Asian Development Bank (ADB) report, Vietnam’s economic growth rate will slow sharply in 2020 to 4.8 per cent as a direct result of the crisis.
Vietnam among 12 most valuable markets for global franchise expansion

Vietnam among 12 most valuable markets for global franchise expansion 1

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.
Potential for regional names

Potential for regional names

Vietnam’s franchising market is brimming with tremendous opportunities, attracting more regional brands to enter the scene to tap into the robust growth of 2019. Vy Nguyen reports.
Home disadvantage in franchising

Home disadvantage in franchising

The inherent incompatibility of uniform taste offered by franchise restaurants and regional differences in taste have contributed to the downfall of Pho 24 and the poor sales of Pho Ong Hung, which offer many lessons to learn from. Song Van reports.
Foreign cuisine gaining space in Vietnamese restaurant industry

Foreign cuisine gaining space in Vietnamese restaurant industry

Individuals and multinationals from the region and the globe are flocking to Vietnam to bring a taste of their homeland to local restaurant-goers.
Korean GS25 heating up Vietnam's franchising scene

Korean GS25 heating up Vietnam's franchising scene

Foreign businesses, including South Korea's GS25 and Japanese-owned 7-Eleven, are coming to the Vietnamese convenience retail market in droves.
Shop & Store Vietnam to popularise franchising in Vietnam

Shop & Store Vietnam to popularise franchising in Vietnam

Shop & Store Vietnam 2018 was officially kicked off today to deliver enriched content and business opportunities in retail and franchise.
Redsun ITI turns F&B into a franchise feast

Redsun ITI turns F&B into a franchise feast

With Vietnam’s food franchise market becoming more robust in recent years, Redsun ITI has emerged as a key player with 15 chains and 170 restaurants nationwide.
Lotteria offers slices of pie

Lotteria offers slices of pie 1

South Korea’s fast food giant Lotteria is eager for franchising deals in Vietnam.
Brewers eye franchise business model

Brewers eye franchise business model

Increasing numbers of Vietnamese businesses will open franchises of popular international brands as the country opens up its market further following its accession to the World Trade Organization four years ago, a senior official said on May 26.