V-GREEN Global Charging Station Development JSC on September 4 became the first firm in Việt Nam to introduce a franchise model for electric vehicle charging stations.
While a franchise is becoming a popular business model in the domestic and international food and beverage (F&B) sector, many businesses are still not interested in it as a business growth model.
The seventh International Coffee, Tea and Bakery Expo (Coffee Expo Vietnam 2023) will take place from November 2 to 4 at the Saigon Exhibition and Convention Centre, featuring 200 booths with 250 brands from 15 countries and territories.
Viet Nam is a country with a lot of opportunities for franchising, with many businesses having the capability to become a franchisee, even a master franchisee, a conference has heard.
Korean household appliances maker LocknLock in collaboration with Dung Linh Commercial Business Co., Ltd. have opened a franchise store in the northerm province of Hai Duong, the sixth franchise store in the country.
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.
Following its success in previous years the Việt Nam International Retail Tech and Franchise Show will see its 11th edition organised in HCM City this week.
Au Tuan Long, CEO of King Bread Joint Stock Company, a chain of bakery products based in HCM City, said his company would sell bakery products via online sites in the near future.
Viet Nam expects to promote further franchise of local brands for development of the domestic franchise market on the way of international economic integration, according to experts.
The franchise market features both domestic and foreign enterprises. The ministry said there were 213 businesses with hundreds of trademarks licensed for franchising in Viet Nam over the last decade.
The 10th annual Viet Nam International Retail Tech and Franchise Show opened yesterday in HCM City, showcasing 150 franchise models and 50 brands that provide technologies and equipment for the retail sector.
The Ministry of Industry and Trade confirms this saying more than 160 franchises have come to Viet Nam so far. But the movement in the reverse direction has been very modest.