Home Economy

Starbucks to open in Hanoi

Jul 9th at 21:31
09-07-2014 21:31:06+07:00

Starbucks to open in Hanoi

After a year of being in Vietnam, with six shops already opened in Ho Chi Minh City, Starbucks is preparing ground to open several shops in Hanoi, according to VNE online newswire.

According to this source, the first Starbucks will be located in a high-rise building on Ba Trieu Street in central Hanoi. Workers confirmed that they had been doing repairs for three months and the task would be completed in the next two weeks.

Starbucks is being tight-lipped about its plan in Hanoi. It is rumoured that the company will open more than one shop in Hanoi. On its fanpage, Starbucks wrote about a special event in Hanoi later this month and invited customers to attend.

The American food and beverage group - with more than 23,000 retail stores in 64 countries across the globe - opened its first shop in HCM City in February last year.

Starbucks CEO Mr. Schultz said the revenue from the first shop in HCM City exceeded expectations in just over two months of operation, but did not give specific numbers.

From a consumer perspective, a number of customers said they were primarily interested in the space in Starbucks shops, not the flavor of the coffee.

vietnamnet

MOST READ

NEWS SAME CATEGORY

Takeovers cause big changes in consumer goods markets
ECONOMY Jul 9th at 21:29

Takeovers cause big changes in consumer goods markets

Large corporations have been silently pouring their money into other business fields after they can get a firm foothold in their core fields.

Sabeco targets two-stage share sell-off and courts strategic partner
ECONOMY Jul 9th at 11:09

Sabeco targets two-stage share sell-off and courts strategic partner

The Ministry of Industry and Trade has just submitted a detailed plan to the government for the selling off of part of the state’s stake in Vietnam’s leading beer...

Manufacturing expo draws international firms
ECONOMY Jul 9th at 10:45

Manufacturing expo draws international firms

A major trade expo for Viet Nam's manufacturing sector opened in HCM City yesterday with 290 foreign and local companies taking part.

UAE now 5th largest export market
ECONOMY Jul 9th at 10:17

UAE now 5th largest export market

Viet Nam's exports to the United Arab Emirates in the first five months rose 27 per cent year-on-year to an estimated US$2.03 billion, making the Emirates the...

Cut brokerage fees to lower prices, urge experts
ECONOMY Jul 9th at 10:08

Cut brokerage fees to lower prices, urge experts

Purchasing power in the second half of the year could improve, if authorities manage to lower consumer prices by reducing fees for brokerage services and supporting...

Flight delays to be investigated
ECONOMY Jul 9th at 10:06

Flight delays to be investigated

Minister of Transport Dinh La Thang has urged the Civil Aviation Administration of Viet Nam (CAAV) to find out why there have been so many cancelled and delayed...

China finds pretext to prevent Vietnamese farm imports
ECONOMY Jul 8th at 11:13

China finds pretext to prevent Vietnamese farm imports

China has kicked off its plan to tighten control over farm produce imports from Vietnam by raising technical barriers.

Beer makers keep barrels rolling
ECONOMY Jul 8th at 11:11

Beer makers keep barrels rolling

Breweries are running at full throttle as the Vietnamese thirst continues to expand. Both domestic and foreign companies realise the potential for sales in a nation...

Vietnam Airlines equitization: Gov’t yet to make decision
ECONOMY Jul 8th at 11:10

Vietnam Airlines equitization: Gov’t yet to make decision

The Vietnam Airlines Corporation and the Ministry of Transport (MOT) have urged the government to approve a VNA valuation plan, but economists have no sympathy for...

VN construction material exports to Africa rising
ECONOMY Jul 8th at 10:50

VN construction material exports to Africa rising

Viet Nam generated over US$127.4 million from exporting construction materials to Africa last year, up 25 per cent year-on-year, according to the General Department...

Read More

MOST READ

Back To Top