Chokdee Dimsum Gold Franchise to open in Laos
Chokdee Dimsum Gold Franchise to open in Laos
Investment in small to medium enterprise (SME) businesses, especially fancy shops and restaurants, is growing rapidly in Laos at the moment, providing more choice for domestic consumers and visitors in preparation for the Asean Economic Community this year.
Chokdee Dimsum is one of the more famous restaurant chains in Thailand and it will open a branch in Vientiane in April, for which the construction of its premises at the Vangthong Night Plaza (450 market) is expected to be complete by the end of March.
A signing ceremony for the Chokdee Dimsum Gold Franchise was held in Vientiane last week between the Born To B Food and Beverage President Ms Viphavan Vongsay and the Chokdee Restaurant Co. CEO, Mr Dheeraphob Siraprapathum.
The menu fo r the new restaurant will include more than 50 different items following the format of the Chokdee restaurants in Thailand.
Ms Viphavan believed that the new restaurant will provide additional choice for consumers and visitors and is also part of preparations for AEC integration.
Chokdee Dimsum was founded in 2000 and currently has 24 branches in Thailand.
Increasing the numbers of SMEs will require Lao business operators to improve their competiveness if they wish to survive.
To compete, all Lao business units have to develop their capacity building in business management and bring their products up to standard.
Different business units should also increase cooperation with trading partners so they can access international markets.
Many foreign investors are coming here to put money into the small and medium enterprise (SME) sector, in particular.
Competition will help business operators to develop themselves and improve their product quality to acceptable levels.
It is also good for consumers to have more choice when it comes to buying safe and quality products.
According to the Tourism Development Department of the Ministry of Information, Culture and Tourism, the number of restaurants in Vientiane in 2012 totalled 74, which increased to 85 in 2013.
Around the country the total number increased from 1,590 in 2012 to 1,744 in 2013.
