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Update news The KAfe
Many big players have had to leave, but the Vietnamese food & beverage (F&B) market has never been more attractive in the eyes of investors.
When The KAfe had to shut down, analysts said this should be seen as a warning for Vietnamese startups in the coffee cafe market. When Gloria Jean’s Coffee left, they said the same thing.
VietNamNet Bridge - Many Vietnamese university students plan to give up studying and develop businesses of their own, even though they are still living on their parents’ money.
VietNamNet Bridge - Many foreign cafe chains have stalled after a period of development, while some have closed because they could not survive the competition.
VietNamNet Bridge - Restaurant chains continue to expand as financial investors keep looking for chains to pour money into. The chains are a very profitable business field.