McDonald’s is 36000 The fast food industry is estimated to be worth >> half a trillion dollars Þ struggle to enter into Vietnamese market.
Why? Topic: Why fast food chains flop in Viet Nam? PRESENTER: NGO THI KIM NGAN ID: 2067012183 1. Culture of street food
+ There is a whole culture of street food in Viet
Nam a formidable rival for international fast-food chains + Quick transaction: come in -> order food -> eat -> go => Undermine fast-food’s advertised time-saving advantage 2. Different experience
To meet both biological demand and need to socialize.
For fast food restaurants: barely allow for interactions For street food stalls: blend into the surroundings -> part of the place -> ask the seller to adjust the food Conclusion
Local cuisine offers
+ incredible variety + wonderful flavor + different experience + incomparable value THANK YOU FOR YOUR LISTENING! Q&A