Trung Nguyen E-Coffee aims domestic, international expansion to 3,000 stores with new franchise model

By Lan Do
Mon, September 16, 2024 | 3:11 pm GMT+7

Trung Nguyen E-Coffee has introduced a new franchise model that could see the total number of domestic and international stores soar from the current 800 to 3,000 by the end of next year.

The revamped Trung Nguyen E-Coffee franchise model, launched in Ho Chi Minh City last Friday, attracted thousands of partners drawn by low investment costs offered to franchisees.

Attendees had the opportunity to experience the new model first-hand, and more than 200 new franchise contracts were signed during the event.

 A Trung Nguyen E-Coffee shop. Photo courtesy of Trung Nguyen Legend.

A Trung Nguyen E-Coffee shop. Photo courtesy of Trung Nguyen Legend.

Tran Thuong, a resident of HCMC’s Thu Duc district, signed four new contracts at the launch ceremony, adding to the one he has already opened.

Partnering with Trung Nguyen E-Coffee over the past two years has significantly benefited his business, attracted many customers and ensured stable profits, he said.

Dang Nguyet Yen Thanh, CEO of Trung Nguyen Franchising Company and business development director of Trung Nguyen E-Coffee, noted that Trung Nguyen E-Coffee was an F&B and retail system first launched by Trung Nguyen Legend Group in August 2019.

“We have dedicated time to researching and perfecting the Trung Nguyen E-Coffee model. With the launch of the 2024 version, we continue to offer our zero-dong franchise policy.

“Trung Nguyen E-Coffee now provides five conversion packages ranging from VND56 million ($2,279) to VND196 million ($7,977) and six investment packages based on design styles, costing between VND65 million ($2,645) and VND245 million ($9,971). Our flexible design, suitable for locations as small as four square meters, caters to investment and business needs of the younger generation."

Trung Nguyen E-Coffee aims to establish a network of 3,000 stores both nationwide and internationally by 2025, Thanh said. Its current network of around 800 stores includes several in the U.S. and Iceland.

Comments (0)
  • Read More
Private Vietnamese lender DongA Bank renamed Vikki Bank

Private Vietnamese lender DongA Bank renamed Vikki Bank

DongA Bank, a private lender in Vietnam, has changed its name to Vikki Bank, with approval from the State Bank of Vietnam (SBV).

Banking - Sat, February 15, 2025 | 10:59 am GMT+7

Korea's SK Group seeks partnerships in 3 LNG-fired power projects in Vietnam

Korea's SK Group seeks partnerships in 3 LNG-fired power projects in Vietnam

South Korean chaebol SK Group seeks to jointly build LNG-fired power plants in Vietnam and then develop facilities utilizing electricity generated by those power plants.

Energy - Sat, February 15, 2025 | 9:26 am GMT+7

World’s largest shipping line MSC docks at southern Vietnam port

World’s largest shipping line MSC docks at southern Vietnam port

Phuoc An Port, the largest seaport in Dong Nai province, on Thursday welcomed the first ship from MSC, the world’s largest shipping line, opening up significant opportunities for boosting international trade in Vietnam’s southern region.

Economy - Sat, February 15, 2025 | 8:17 am GMT+7

Vietnamese chemical-pharmaceutical industry eyes yearly growth of 8-11% by 2045

Vietnamese chemical-pharmaceutical industry eyes yearly growth of 8-11% by 2045

Vietnam's chemical-pharmaceutical industry is expected to achieve an annual growth rate of 8-11% by 2045, according to a newly-approved program on the industry’s development until 2030, with a vision to 2045.

Southeast Asia - Fri, February 14, 2025 | 11:28 pm GMT+7

Vietnam PM urges world's food industry leader JBS S.A  to invest in livestock farming, meat processing

Vietnam PM urges world's food industry leader JBS S.A to invest in livestock farming, meat processing

Brazil’s JBS S.A, the world’s largest meat processing enterprise, should consider investing in livestock farming, meat processing, industrial crops, and coffee processing in Vietnam, said Prime Minister Pham Minh Chinh.

Industries - Fri, February 14, 2025 | 11:08 pm GMT+7

China proposes new initiatives of cooperation with ASEAN

China proposes new initiatives of cooperation with ASEAN

China has unveiled new proposals to boost cooperation with ASEAN in key areas such as maritime cooperation, artificial intelligence, transportation, blue economy, women’s and children’s health, and the environment, towards strengthening the comprehensive strategic partnership between the two sides.

Southeast Asia - Fri, February 14, 2025 | 8:17 pm GMT+7

Honda Vietnam’s motorcycle, car sales decline in Jan

Honda Vietnam’s motorcycle, car sales decline in Jan

Honda Vietnam's motorcycle sales reached 198,911 units, marking a 12.6% decline from January 2024, while it sold 1,826 cars, a 9.7% decrease year-on-year.

Southeast Asia - Fri, February 14, 2025 | 8:15 pm GMT+7

Vietnam auto sales fall 2% to 18,893 in Jan amid EV trend

Vietnam auto sales fall 2% to 18,893 in Jan amid EV trend

Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 18,893 units in January 2025, down 2% year-on-year and 40% from December 2024.

Companies - Fri, February 14, 2025 | 4:50 pm GMT+7

China-based Red Board Electronics to invest $110 mln in northern Vietnam

China-based Red Board Electronics to invest $110 mln in northern Vietnam

China-invested Red Board Electronics Limited will invest $110 million in Vietnam’s northern province of Ha Nam to manufacture printed circuit board (PCB).

Industries - Fri, February 14, 2025 | 3:25 pm GMT+7

US recent tariff does not aim at Vietnam: diplomat

US recent tariff does not aim at Vietnam: diplomat

The United States’ recent tax measures do not aim at Vietnam and the United States seeks to continue “positive” trade-economic relations with Vietnam, said U.S. Ambassador to Vietnam Marc Knapper.

Economy - Fri, February 14, 2025 | 3:11 pm GMT+7

VinFast's global deliveries hit 53,139 EVs in Q4/2024, up over 3 times

VinFast's global deliveries hit 53,139 EVs in Q4/2024, up over 3 times

Vietnamese EV startup VinFast delivered 53,139 units globally in Q4/2024, a 342% year-over-year growth, driven by rising demand for affordable models and the company’s strength in its home market.

Companies - Fri, February 14, 2025 | 1:56 pm GMT+7

Norway renewable energy firm Scatec sells 39 MW Vietnam project for $40 mln

Norway renewable energy firm Scatec sells 39 MW Vietnam project for $40 mln

Norway-headquartered renewable energy firm Scatec has completed the sale of its 100% stake in the 39 MW Dam Nai wind farm in Vietnam for potentially $40 million.

Energy - Fri, February 14, 2025 | 10:50 am GMT+7

HCMC youths make chocolate at Alluvia shop for Valentine's Day

HCMC youths make chocolate at Alluvia shop for Valentine's Day

Many young people made chocolate themselves at the Alluvia Chocolate Cafe, 74B Le Loi street, District 1, Ho Chi Minh City as gifts for their beloved on occasion of the Valentine's Day, February 14.

Companies - Fri, February 14, 2025 | 9:02 am GMT+7

SCG Chemicals loses $304 mln from Long Son Petrochemicals in Vietnam in 2024

SCG Chemicals loses $304 mln from Long Son Petrochemicals in Vietnam in 2024

SCG Chemicals (SCGC), an arm of Thailand’s Siam Cement Group (SCG), recorded a loss of THB10,269 million ($303.6 million) from the $5.2 billion Long Son Petrochemicals (LSP) complex in Vietnam in 2024.

Companies - Fri, February 14, 2025 | 8:16 am GMT+7

Bahrain affirms support for Vietnam in financial center development

Bahrain affirms support for Vietnam in financial center development

Bahrain’s investment funds and agencies are willing to support Vietnam in developing financial centers in Ho Chi Minh City and Danang, said the Arab country's Minister of Finance and National Economy.

Economy - Thu, February 13, 2025 | 10:01 pm GMT+7

$2 bln northern Vietnam LNG power plant to commence construction in Sept

$2 bln northern Vietnam LNG power plant to commence construction in Sept

The $2 billion LNG Thai Binh power plant project in Vietnam’s northern province of Thai Binh is set to kick off construction in September, meeting the schedule.

Energy - Thu, February 13, 2025 | 5:28 pm GMT+7