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Article: Vietnam sees bustling franchise sector.
- Article from:
- Vietnamese News Agency
- Article date:
- November 1, 2009
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Hanoi (VNA) - In the first half of this year, the Ministry of Industry and Trade granted licences for the franchise deals of 15 overseas companies, mostly from the US, Belgium and Canada, in the food and beverage, fashion and information technology industries in Vietnam.
The figure reflected a noticeable growing interest from foreign groups in franchise operations in Vietnam , where the consumer market is getting more powerful and the population has now reached 85 million people.
Currently, the US s Grainger Group is looking for Vietnamese manufacturers of industrial equipment and other devices to supply to the group, which already sells 850,000 ...