ULAANBAATAR: Mongolian authorities have temporarily closed all KFC restaurants in the country after more than 200 customers suffered food poisoning symptoms and dozens were hospitalised. The first cases emerged earlier this month, with 16 people showing symptoms of food poisoning, including diarrhoea, vomiting and high fever after eating at the fried chicken franchise. The department decided to shut down all KFC restaurants while it investigates what happened. (Photo: AFP/JEAN-FRANCOIS MONIER) Ulaanbaatar's Metropolitan Professional Inspection Department said 247 similar cases have been reported and 42 people have been hospitalised. The department decided to shut down the country's 11 KFC restaurants - all based in the capital - while it investigates what happened. A preliminary investigation found that 35 employees at a restaurant were not thoroughly vetted to handle food, with most of them having blank medical examination reports, which is illegal. The restaurant also … [Read more...] about Mongolia shuts KFC after dozens hospitalised
KIEV: The opening of a KFC outlet in Kiev, in a landmark building that played a central role in Ukraine's fateful 2013-14 revolution, sparked public anger and protests that forced it Thursday to temporarily shut its doors. For many Ukrainians, the presence of the fried-chicken joint KFC in the building that once served as a makeshift hospital in the uprising in 2014 disgraced the memory of the dozens of people killed by snipers and police in the unrest AFP/JEAN-FRANCOIS MONIER The US-branded fast-food restaurant opened on Wednesday (Nov 21) - the day Ukrainians marked the fifth anniversary of the revolution's start. It is located at an address on Kiev's Maidan square that served as a makeshift hospital in the bloody final days of the uprising in February 2014 which resulted in the toppling of the pro-Russian president, Viktor Yanukovych, and during which the building was gutted by fire. For many Ukrainians, the presence of the fried-chicken joint in the building disgraced the … [Read more...] about A KFC in Ukraine”s revolutionary ground zero stirs protests
Companies in Vietnam have experienced fierce competition over the last few years, both qualitative and quantitative. Many have been forced to close down while others are still in business but struggling to move forward. The question is how to make a brand not only sustainable but also grow in value in the context of fierce global competition and rapid digitalization. There are many approaches to answering this question. Here I note the three key driving forces for brands: digital transformation, globalization, and brand leadership. In my observation, these forces help grow a company’s brand value if implemented successfully. Customer-centric digital transformation Unlike in the past, customers now have many brand choices for a particular product in Vietnam. Let’s take bakery goods for example. Customers would have previously mentioned Kinh Do in the south or Hai Ha in the north, but today they may name a long list of bakery brands: Top Cake, Tous Les Jours, ABC, … [Read more...] about How best to maintain brand value?
Suttisak Wilanan, deputy managing director of Reed Tradex, speaks at the Vietnam Retail and Franchise Conference in HCM City on March 28 (Photo: VNA) HCM City (VNA) – Vietnam is a promising market for retail and franchise sector as franchising is an increasingly popular strategy taken by many enterprises, said experts at a conference held on the sidelines of the Shop & Store Vietnam Exhibition 2018 held in Ho Chi Minh City on March 28. Suttisak Wilaman, Vice Executive Officer of Reed Tradex, held that Vietnam has all the potential elements, such as a large consumer base, rapidly rising incomes and a generation of educated, young and growing professionals, bringing an optimistic prospective for national and international brands to double its retail and franchising industry in next five years. Vietnam was ranked ninth of the top 12 markets identified by members of the International Franchise Association as the most valuable markets for international expansion. It was also … [Read more...] about Franchising makes Vietnam’s retail market more attractive
Many international and regional brands will enter Viet Nam’s retail and franchise sector in the coming years, according to experts taking part in Viet Nam Retail and Franchise Conference held in HCM City on Wednesday. “Viet Nam is a growing market for the retail and franchise sector,” said Suttisak Wilanan, deputy managing director of Reed Tradex. “Viet Nam has all the potential elements, such as a large consumer base, rapidly rising incomes and a generation of educated, young and growing professionals, bringing an optimistic prospective for national and international brands to double its retail and franchising industry in next five years,” he said. Viet Nam was ranked ninth of the top 12 markets identified by members of the International Franchise Association as the most valuable markets for international expansion. It was also profiled in the Top Markets Report. Nguyen Phi Van, founder and chairwoman of Retail & Franchise Asia, said Viet Nam has not … [Read more...] about Viet Nam has huge potential in franchising: experts