Starbucks Plans to Reach 100 Stores in Vietnam

Starbucks Plans to Reach 100 Stores in Vietnam

After ten years in Vietnam, Starbucks expects to open its 100th location there in the second quarter of 2023 and continue to expand in the foreseeable future.  The US chain presently operates 87 locations across seven cities in Vietnam, 50 of which are in Ho Chi Minh...
Demand for Pet Food Soaring in the Philippines

Demand for Pet Food Soaring in the Philippines

Demand for pet food in the Philippines is on the rise, according to the US Department of Agriculture (USDA). The FAS in Manila projected that the pet food industry in the Philippines will reach USD 434 million in 2023. The report also indicates that the dry dog food...
GS25 to Receive USD 20 Million from IFC to Enhance Presence in Vietnam

GS25 to Receive USD 20 Million from IFC to Enhance Presence in Vietnam

IFC, a member of the World Bank Group, is considering an investment of USD 20 million in GS25, a convenience store chain in Vietnam. IFC visited five stores and a warehouse in Thu Duc City, Ho Chi Minh City in February and March 2022 to evaluate the proposed plan. The...