Latest blog articles
Starbucks opens fifth coffee shop in Hanoi
Starbucks Corp has opened its fifth store in Hanoi, expanding its presence in Vietnam, one of the world's largest coffee-growing countries.
The store is located on the ground floor of The Garden Shopping Centre in The Manor residential urban area in Me Tri Street, Nam Tu Liem District of Hanoi.
Starbucks entered Vietnam in February of 2013 with its first stores in Ho Chi Minh City, Vietnam's economic hub. It now has 20 outlets nationwide.
"We look at Vietnam and we see so much potential. …. It's such a vibrant and exciting market," said Patricia Marques, general manager at Starbucks Vietnam at the store’s opening.
Starbucks faces stiff competition from Vietnamese coffee shops, which are found throughout the capital city. As the Seattle-based company celebrated the opening of its fifth store in Hanoi, Vietnamese coffee shops just a few steps away, were full of customers.
"I prefer Vietnamese coffee because it is stronger," said one Vietnamese customer. "Vietnamese coffee is cheaper and is the real stuff for coffee addicts," the customer said.
Starbucks' coffee is priced slightly higher than most of its local competitors with prices ranging from US$1.65 to about US$5 a cup (VND35,000 to VND105,000), depending on the drink size. A cup of traditional Vietnamese coffee at a local cafe generally costs less than US$1 (VND20,000).
Vietnam is one of the largest coffee producers in the world, but Arabica beans, which are used by Starbucks for its drinks, account for only around 3% of the country's coffee output.
Robusta, a variety used in coffee served at most local cafes and also in instant-coffee blends because of its more bitter taste, accounts for the remaining 97%.
VOVRead on the original site
Vietnam attends largest food fair in Japan
Seventeen Vietnamese firms are displaying products, including fruits, vegetables, cashews, rice products, aquatic products and juices. They are from localities with potential for agro-fishery product exports, namely Ho Chi Minh City, Hanoi, Nghe An, Bac Giang, Hai Phong, Ninh Binh, Dong Thap, Ben Tre, Tien Giang, Dong Nai, Lam Dong, Binh Duong and Phu Quoc. Vietnamese Chargé d'Affaires in Japan Nguyen Truong Son said that during his Vietnam visit in January Japanese Prime Minister Shinzo… chat_bubble_outline Read More...
Vietnam’s fuel tax is fair and low, compared to region: finance ministry
Finance officials have rejected suggestions that Vietnamese drivers are heavily taxed at the pump, arguing that the combined tax rate on gasoline products is much lower than regional levels. For every liter of gasoline, the government collects a special consumption tax, an environmental tax, a compulsory contribution to the national price stabilization fund, and finally a 10 percent value-added tax on top of everything, said Pham Dinh Thi, tax policy director at the Ministry of Finance. The… chat_bubble_outline Read More...
Papadakis and Cizeron open big lead at Trophee de France
PARIS (AP) — World champions Gabriella Papadakis and Guillaume Cizeron delivered a commanding performance for a nearly 10-point lead in the ice dance at the Trophee de France on Friday.Competing in their first ISU Grand Prix event this season, the French skaters scored a personal best of 78.26 points in the short program and were 9.54 points ahead of Russia's Elena Ilinykh and Ruslan Zhiganshin.Americans Madison Hubbell and Zachary Donohue were in third place, with 66.77.The Trophee de France… chat_bubble_outline Read More...
Bikini-clad models surround fake Trump in NYC stunt
New York (AFP) - A Donald Trump impersonator appeared Tuesday outside New York's Trump Tower accompanied by two bikini-clad models, causing a stir in a staged promo event for a British artist.British photographer Alison Jackson became famous for using body doubles of famous people and setting them up in photographs of imagined and unusual situations.Jackson's best-known pictures include Marilyn Monroe undressing in front of President John F. Kennedy, Queen Elizabeth washing dishes, and… chat_bubble_outline Read More...
Visit Huong Pagoda in the lily blooming season
The Huong or Perfume Pagoda in Hanoi is an autumn venue for photographers because of the lily blooming season on the Yen stream.Around 60 kilometers southwest of Hanoi, Perfume Pagoda is one among the largest religious sites in Vietnam. It comprises a complex of pagodas and Buddhist shrines built into the limestone cliffs of Perfume Mount, scattered alongside the mountain up to the peak. Huge numbers of pilgrims flock to the site during Perfume Pagoda festival, which begins in the middle of the… chat_bubble_outline Read More...