Franchise market still promises great opportunities - News Summed Up

Franchise market still promises great opportunities


Franchise market still promises great opportunitiesVietNamNet Bridge - Foreign brands have been flocking to Vietnam, creating a “franchise wave” in which more Vietnamese are taking part. CEO of GS25 Vietnam Yun Ju Young said GS26 plans to open 2,500 shops in the country within 10 years. To date, 195 foreign companies are present in Vietnam through franchise contracts, 40 percent of which are F&B brands, according to MOIT. Despite the presence of many big foreign players, Vietnamese brands have also joined the market, believing there are still opportunities. RELATED NEWSFranchising remains a new concept in VietnamFranchise of Vietnamese brands just in initial stage: insidersKim Chi


Source: VietNamNet News April 16, 2018 09:11 UTC


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