No Starbuck in Vietnam

Philippines
July 24, 2011 9:02am CST
how come there is no branches of Starbuck in Vietnam?
2 responses
lampar
@lampar (7584)
• United States
24 Jul 11
Vietnam doesn't has enough demand for Starbuck's coffee like in U.S to make a huge profit, no branches can open in Vietnam without running losses. The Vietnamese consumers can't afford to pay for Starbuck's coffee. One of the reason i assume influent the decision not to open any branch in Vietnam.
Philippe75
@Philippe75 (258)
• Philippines
25 Jul 11
I was in Vietnam last June 2011 and I notice they are coffee drinkers and yet there is no Starbucks around...there is Coffee Bean and Tea Leaf branch and rest are all local brand coffee shops..It seems its not the reason on the affordability of Starbucks
wazabe
@wazabe (154)
• Canada
24 Jul 11
It's all about profits. A business won't invest until they are positive that there is 100% profit.