Finally: McDonald’s to open in Vietnam

mcdonalds1-537x402McDonalds announced on July 16 that it would open its first restaurant in Vietnam, awarding the franchising rights to the son-in-law of the country’s prime minster, Nguyen Tan Dung.

The son-in-law, Henry Nguyen, was a former burger flipper for the giant fast food chain when he worked at a McDonald’s in the US, where his family fled in 1975 at the end of the US-Vietnam war.

The move follows heavy speculation over when McDonald’s would open in the Communist nation, and will now officially arrive in 2014.

Despite the global slowdown, Vietnam youth have become passionate consumers, easily magnetised by the allure of foreign brands, including Starbucks, which opened in first outlet in Ho Chi Minh City earlier this year.

McDonald’s will also be joining Subway and Pizza Hut when it opens in the country’s largest city.

Henry Nguyen was reportedly chosen by McDonald’s as the first franchiser after a “rigorous” selection process.

McDonald’s operates in more than 100 countries across the world, including 38 in Asia.



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McDonalds announced on July 16 that it would open its first restaurant in Vietnam, awarding the franchising rights to the son-in-law of the country’s prime minster, Nguyen Tan Dung. The son-in-law, Henry Nguyen, was a former burger flipper for the giant fast food chain when he worked at a McDonald’s in the US, where his family fled in 1975 at the end of the US-Vietnam war. The move follows heavy speculation over when McDonald’s would open in the Communist nation, and will now officially arrive in 2014. Despite the global slowdown, Vietnam youth have become passionate consumers, easily magnetised by...

mcdonalds1-537x402McDonalds announced on July 16 that it would open its first restaurant in Vietnam, awarding the franchising rights to the son-in-law of the country’s prime minster, Nguyen Tan Dung.

The son-in-law, Henry Nguyen, was a former burger flipper for the giant fast food chain when he worked at a McDonald’s in the US, where his family fled in 1975 at the end of the US-Vietnam war.

The move follows heavy speculation over when McDonald’s would open in the Communist nation, and will now officially arrive in 2014.

Despite the global slowdown, Vietnam youth have become passionate consumers, easily magnetised by the allure of foreign brands, including Starbucks, which opened in first outlet in Ho Chi Minh City earlier this year.

McDonald’s will also be joining Subway and Pizza Hut when it opens in the country’s largest city.

Henry Nguyen was reportedly chosen by McDonald’s as the first franchiser after a “rigorous” selection process.

McDonald’s operates in more than 100 countries across the world, including 38 in Asia.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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