Laos Franchise Business Opportunities. Start to read the Tips to Do Business in Laos guide for professionals. And get information about Jobs in Laos and ASEAN and employment news. Franchising is a relative untested business model in Laos and the country has no specific law regulating franchises. Joint ventures/licensing: Lao foreign investment law recognizes joint ventures, but requires the foreign partner to contribute at least thirty percent of total equity. Foreign partners’ equity may be foreign currency, plant and equipment, capital goods, A least-developed country (LDC), Laos is one of the poorest nations in East Asia, lagging its neighbors significantly in every economic indicator. Please also come to visit our popular Franchise Opportunities in Laos Blog Site with Videos, where you can Find, Offer or Search for more Franchise Information and Business Opportunities in Laos.
Laos Franchising Opportunity Today
Black Canyon Coffee officially opened a franchise in Vientiane in 2012. Black Canyon Coffee Lao was the first restaurant that has acquired the right from the Black Canyon (Thailand) Company, and the Khouanchay Trading Import Export Company is the monopoly operator in Laos. The restaurant offers coffee, drinks, and food that will appeal to both locals and foreigners. It also offers a meeting place for business people. The Korean coffee shop franchise Caffe Bene has officially entered the Thai and Laotian markets, company officials said on Monday. Caffe Bene said in a statement that it had concluded a contract with JKN Global Media, one of Thailand’s largest media companies to jointly establish JKN Bene Co., which will manage Caffe Bene branches in the two countries. “We will provide differentiating strategies appropriate for the Thai and Laotian markets, respectively,” an official from Caffe Bene said. He added that Caffe Bene planned to open its first establishments in both countries within the year. With the inclusion of Thailand and Laos, Caffe Bene has established branches in nine countries in Southeast Asia. The franchise plans to run a total of 140 cafes in the region by 2017.
Laos Franchising Business
Ascott enters Laos first franchise deal. Serviced apartment operator Ascott has secured its ever franchise agreements to launch new properties in Laos. The deals will see the Singapore-based company take over the running of the 116-unit Somerset Vientiane in the fourth quarter of 2014. Ascott awarded the Vientiane franchise to a subsidiary of LCD Global Investments Ltd. Under the agreement, the serviced residence will be managed by Ascott for the first two years, during which time it will undergo a refurbishment, before transitioning to a franchise arrangement. Investment in small to medium enterprise (SME) businesses, especially fancy shops and restaurants, is growing rapidly in Laos at the moment, providing more choice for domestic consumers and visitors in preparation for the ASEAN Economic Community this year.
Chokdee Dimsum is one of the more famous restaurant chains in Thailand and it will open a branch in Vientiane in April, for which the construction of its premises at the Vangthong Night Plaza (450 markets) is expected to be complete by the end of March. A signing ceremony for the Chokdee Dimsum Gold Franchise was held in Vientiane last week between the Born To B Food and Beverage President Ms. Viphavan Vongsay and the Chokdee Restaurant Co. CEO, Mr. Dheeraphob Siraprapathum. The menu for the new restaurant will include more than 50 different items following the format of the Chokdee restaurants in Thailand.
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