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Vietnam’s coffee shops boom amid business closures
A cafe on Son Tay street of Hanoi. VNA Photo: Hoàng Hiếu
A cafe on Son Tay street of Hanoi. VNA Photo: Hoàng Hiếu
A cafe on Hang Mam street in Hanoi's Old Quarter. VNA Photo: Hoàng Hiếu
A cafe on Hang Mam street in Hanoi's Old Quarter. VNA Photo: Hoàng Hiếu
VNA Photos
Vietnam’s coffee shops boom amid business closures
03/10/2025 09:37
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TTXVN
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From small alleyway cafés to high-end coffee chains, Vietnam now boasts over 500,000 coffee shops, according to data from the consultancy group Mibrand. While business closures continue to rise, signalling economic difficulties, Vietnam's coffee shop industry is experiencing remarkable growth. The country’s coffee market, valued at approximately 510 million USD in 2024, is projected to reach 765 million USD by 2029, according to F&B research firm Ipis. According to trade experts, Vietnam's coffee industry contributes around 3 % of the country’s GDP and the overall beverage sector generates approximately 60 trillion VND for State revenues annually. VNA Photo: Hoàng Hiếu
Vietnam’s coffee shops boom amid business closures
From small alleyway cafés to high-end coffee chains, Vietnam now boasts over 500,000 coffee shops, according to data from the consultancy group Mibrand. While business closures continue to rise, signalling economic difficulties, Vietnam's coffee shop industry is experiencing remarkable growth. The country’s coffee market, valued at approximately 510 million USD in 2024, is projected to reach 765 million USD by 2029, according to F&B research firm Ipis. According to trade experts, Vietnam's coffee industry contributes around 3 % of the country’s GDP and the overall beverage sector generates approximately 60 trillion VND for State revenues annually. VNA Photo: Hoàng Hiếu
Vietnam’s coffee shops boom amid business closures
From small alleyway cafés to high-end coffee chains, Vietnam now boasts over 500,000 coffee shops, according to data from the consultancy group Mibrand. While business closures continue to rise, signalling economic difficulties, Vietnam's coffee shop industry is experiencing remarkable growth. The country’s coffee market, valued at approximately 510 million USD in 2024, is projected to reach 765 million USD by 2029, according to F&B research firm Ipis. According to trade experts, Vietnam's coffee industry contributes around 3 % of the country’s GDP and the overall beverage sector generates approximately 60 trillion VND for State revenues annually. VNA Photo: Hoàng Hiếu
Vietnam’s coffee shops boom amid business closures
From small alleyway cafés to high-end coffee chains, Vietnam now boasts over 500,000 coffee shops, according to data from the consultancy group Mibrand. While business closures continue to rise, signalling economic difficulties, Vietnam's coffee shop industry is experiencing remarkable growth. The country’s coffee market, valued at approximately 510 million USD in 2024, is projected to reach 765 million USD by 2029, according to F&B research firm Ipis. According to trade experts, Vietnam's coffee industry contributes around 3 % of the country’s GDP and the overall beverage sector generates approximately 60 trillion VND for State revenues annually. VNA Photo: Hoàng Hiếu
Vietnam’s coffee shops boom amid business closures
From small alleyway cafés to high-end coffee chains, Vietnam now boasts over 500,000 coffee shops, according to data from the consultancy group Mibrand. While business closures continue to rise, signalling economic difficulties, Vietnam's coffee shop industry is experiencing remarkable growth. The country’s coffee market, valued at approximately 510 million USD in 2024, is projected to reach 765 million USD by 2029, according to F&B research firm Ipis. According to trade experts, Vietnam's coffee industry contributes around 3 % of the country’s GDP and the overall beverage sector generates approximately 60 trillion VND for State revenues annually. VNA Photo: Hoàng Hiếu
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