Foreign investors operating restaurants outside shopping centers
Nowadays, restaurants and food stores are increasingly flourishing and developing after the Covid pandemic. A series of big brands from many countries have chosen Vietnam as a location to develop their brands and expand their markets, for example, milk tea chains, hot pot restaurants, fast food, etc. So are there any restrictions for foreign investors doing restaurant business or F&B Fields in Vietnam? 1. The rental location does not meet the conditions After the pandemic, a series of stores closed and returned to their premises, leading to a sharp drop in premises prices, especially those of people. Therefore, these are also the locations that foreign investors are looking for because of their beautiful locations, frontage and easier to attract customers than in high-end, luxury shopping centers. However, choosing these locations also has many potential risks. The lessor is not the owner of the premises but the sub-lessee. However, the Contract between the le...