Challenges Facing the Vietnamese Foodservice Market
Competition: Intense competition from a wide range of foodservice operators, including local and international brands.
Rising Costs: Increasing costs of raw materials, labor, and rent can impact profitability.
Regulatory Compliance: Adhering to food safety regulations and quality standards is essential for operating in the foodservice industry.
Economic Fluctuations: The Vietnamese economy is subject to global economic trends and domestic factors, which can affect consumer spending.