The subject is a member of Imex Pan Pacific Group (IPPG) - a famous group in Vietnam in the franchise field. Currently, the subject specializes in operating the chain of franchise restaurants with 3 prominent brands like Popeyes, Domino's Pizza and Burger King.In period of 2020 - 2021, the outbreak of Covid-19 pandemic posed negative impact on fast food industry in Vietnam. Many restaurants implemented food delivery at home to remain operation. Recently, under prolonged social distancing period caused by the pandemic, fast food facilities had to suspend operation and even return the rented premises to cut down operating expenses.Since final months of 2022, the global economy has fallen into recession and consumers tend to tighten spending. This could affect the operation of the subject's store chains, especially in long term.
Headquarters
11th Floor, No. 15, Sonatus Building, Le Thanh Ton Street, Ben Nghe Ward
Ho Chi Minh municipality; South Eastern Vietnam;
Postal Code: 70000-74000
Contact Details: Purchase the Viet Nam Food And Beverage Service Company Limited report to view the information.
Website: https://dominos.vn/ - https://popeyes.vn/ - https://burgerking.vn/ (these websites belong to the subject's franchised brands)
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