Vietnamese restaurant chain opens franchise abroad

by Trong Nhan03 January 2018 Last updated at 10:00 AM

VTV.vn - Recently, The Wrap & Roll Restaurant chain added a second franchise in Shanghai (China), and its sixth outlet outside of Vietnam.

The Wrap & Roll Restaurant chain of Vietnam is one of the few Vietnamese brands that has reached the international market through franchising. Recently, this company added a second franchise in Shanghai (China), and its sixth outlet outside of Vietnam.

According to the owner of Wrap & Roll, Weilamei Shanghai, the franchisee, the company has opened its second outlet / after the first one was opened in July 2017.

The cost of investment for each franchise comes out to about US$150,000. The signing of this franchise is considered a springboard for Vietnamese brands to enter other major cities in China such as Beijing, Chengdu and Hangzhou.

Earlier, Wrap & Roll also franchised 4 branches in Singapore.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-27 04:58 UTC