KFC and Lotteria are popular, but blame high overhead costs for their millions of dollars in losses over the past few years , Photo: Dung Minh Giants report business losses Active in Vietnam since the 1990s with a 26-per-cent annual growth rate, KFC has expanded its scale to 140 stores across the country and holds 60 per cent of Vietnam’s fried chicken market. Lotteria, entering the country since 2004, has also quickly cemented its position holding 60-70 per cent of the hamburger and sandwich market with 220 stores nationwide. Taking advantage of being fast food pioneers and offering acceptable priced dishes, good service, and clean spaces, KFC and Lotteria have continued to hold their positions in the market, despite new players, including McDonald’s, Jollibee, and Burger King, all competing for customers. The latest financial reports of KFC and Lotteria recorded revenues of trillions of VND. KFC in 2015 and 2016 reached an average revenue of VND1.2 trillion ($53.1 … [Read more...] about Locals ignore fast food losses
Eat street food delivery
Traveler's Guide Five things for newcomers to discover in HCMC Hoang Phong Thursday, Apr 5, 2018,19:25 (GMT+7) Five things for newcomers to discover in HCMCHoang Phong Foreign tourists visit Ho Thi Ky Flower Market in District 10 - PHOTOS: HOANG PHONG Those wishing to experience culture and lifestyles as natives of HCMC should check out the following places. Strolling around night markets Ho Thi Ky Flower Market and Vo Thanh Trang Market are perfect places for those wanting to get a broader picture of night life in HCMC. Ho Thi Ky, the city’s largest wholesale flower market, is home to more than 100 households selling hundreds of kinds of flowers in vivid colors. It operates round the clock and its busiest time is from 2 a.m. to 4 a.m. with dozens of trucks carrying tons of fresh flowers to the market for delivery to sellers there. Vo Thanh Trang Market on Truong Chinh Street in Tan Binh District is known as the only … [Read more...] about Five things for newcomers to discover in HCMC
Viet Nam News By Mộc Miên Over the last year, my mother has rarely bought food from traditional markets or processed food stores, but instead has ordered food from her colleague. My mother has not only ordered special food for holidays such as fruit jam, moon cakes and pork pies, but also daily meals such as caramelised braised fish and chilli sauce. Nguyễn Hương Lan, 35, my mother's colleague, is a resourceful woman. While working as a specialist in a private company, she also has a passion for cooking. In the beginning, Lan just cooked for her family. Then she started bringing food into the office for lunch. Women in the office often shared food and chatted about family life during lunch time. Lan gradually let everyone know about her talent for cooking. "I shared my home-made food with my colleagues. They loved it and encouraged me to cook more to sell to them. I asked myself 'Why not?' It can help bring in more income," Lan said. Cases like Lan's are becoming increasingly … [Read more...] about Home-made food becomes popular business
British artist Bridget March agrees with the regulation banning visitors from eating and drinking on the Nguyen Hue pedestrian street in Ho Chi Minh City’s District 1 while Austrian Tom Dorfmeister suggested having street food stalls erected at the location. Tuoi Tre News after the municipal People’s Committee issued a ban on several activities, including eating and drinking, on the street and in the area around the statue of President Ho Chi Minh. In addition, new rules forbid the use of loudspeakers, horns, gongs, drums, and whistles, and the assembly of people without the express permission of competent authorities. The new regulations took effect on Monday and are now enforced directly by authorized units and indirectly by surveillance cameras installed along the street. Bridget March, British artist I have lived in Vietnam for three years and Nguyen Hue is a place I often visit to find inspiration for my works. I probably come here once every 15 days, … [Read more...] about Nguyen Hue pedestrian street: To eat or not to eat?
The Sushi Bar restaurant in Ho Chi Minh City is well known for serving authentic Japanese sushi and drinks. Located in the city center, the restaurant is outfitted in modern Japanese style, reasonably priced and has polite professional service. … [Read more...] about Japanese slow food