Visa surveys conducted in Vietnam show that 79% of consumers prefer to pay with cards and mobile apps instead of cash. In the context COVID-19, consumers and businesses in the Asia-Pacific moving to paid digital, Visa has promoted the payment solution is not exposed by phone is available in Vietnam to support small and medium enterprises to participate in […]

The emergence of modern retail outlets does not seem to affect the traditional grocery stores too much. Grocery still dominates According to Nielsen data, Vietnam has about 1.4 million grocery stores and 9,000 traditional markets, accounting for 75% market share, with turnover of around $ 10 billion per year. According to Kantar Worldpanel Vietnam, traditional […]

The number of mini-supermarkets increased sharply in the first 6 months of 2020, especially in the second and third sectors. The potential for convenience store expansion in Vietnam remains huge, as modern retail channels account for about 25. % of retail sales, convenience stores less than 10% of the market, according to Vietnam Report. “Retail […]

Some changes in economic thinking and behaviour may be here to stay. The Covid-19 pandemic will be the defining issue of 2020. What changes in economic thinking and behaviour will it trigger? Here are eight possibilities. A pivot to multilateralism International institutions such as the World Health Organisation (WHO), International Monetary Fund (IMF) and the […]

Under the laws of many countries provided franchise registration before doing a franchise business, with certain conditions adherent. Vietnam is one of those countries. During the long journey of giving legal advice for franchise business, we notice that many people don’t aware about this condition, unfortunately; while some other-knowing about that saying like: “Well, we […]

The Covid-19 pandemic could see Vietnam’s growth slow down to 4.8 percent this year, but it will remain among Asia’s fastest growing economies.

If someone says curry you probably think about an Indian dish. But there’s another kind poised to breakthrough in the U.S. market. Japanese curry, commonly a bit milder than its fellow Asian counterpart, is beginning to take hold in parts of the country and could soon spread just as far as other Japanese delicacies like ramen, […]

The rest of the food franchising world is finding out what the ice cream man and pizza franchises have long known: customers like delivery. In fact, according to National Restaurant Association data, delivery accounts for 63% of restaurant traffic in cities and other urban areas. Since many food franchises don’t have an in-house system for […]