According to statistics from Mibrand, Vietnam currently has over 500,000 coffee shops, ranging from small neighborhood cafes to modern chains, generating 1.46 billion USD in revenue.
Barriers and warning signs in both Vietnamese and English have been erected and police officers have been deployed to enforce the closure of the famous train street in downtown Hanoi from September 16.
Thailand’s PTT Oil and Retail Business (PTTOR) has planned to launch thousands of coffee shops at home and abroad, along with other non-oil businesses, as global auto and fuel players gear up for a near future dominated by electric car growth.