Food & Beverage Venture Investment: Big Profit
Kafe Group of Dao Chi Anh got US$5.5 million from Venture Investment Funds to develop its Kafe chains in Hanoi, Ho Chi Minh City and other cities. It is a resounding success amid the start-up community in Vietnam. After two years, Kafe Group has established 12 shops and, with new investment, the figure is expected to reach 26 by the end of this year.
Another start-up business, Huy Vietnam Group, got US$15 million in April 2015 for investment in traditional restaurants (Hue Foods, Pho Ong Hung, Com Express). The investment is from Templeton Strategic Emerging Markets Fund IV under the management of Investor Mark Mobius, increasing the number of its restaurants from 70 to 90. Prior to this investment, in September 2015, Huy Vietnam Group had another US$15 million for its investment.
For start-up businesses in Vietnam, restaurants are regarded most promising. Another key element is the successful recalling of capital of this sector, such as Mekong Capital from Golden Gate - a major restaurant chain in Vietnam with the famed brands Vuvuzela, Kichikichi, Gogi House, etc. In 2014, Mekong Capital won several prizes for capital re-invested 9 times in 6 years.
Vietnam continues to be regarded as “golden land” for venture investors with a mostly young population of over 90 million, economic growth re-activated, increasing purchasing power and high demand for recreation.
Nguyen Thanh
Vietnamese
