Quote:
Originally Posted by hoian
I know of someone who opened a chicken rice shop in HCMC and closed within months.
My general observation is that 9 out of 10 small foreign-owned businesses fail. The few that succeed will have to bleed for many years and persevere for 5 to 10 yrs.
Long story short. There are easier ways to make money.
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This sounds really harsh.
My friends and I are intending to open a thai food and mookata food in HCM or perhaps Hanoi. I have been through the streets and I don't see much around available. Yet the feedback I get from the viet girls I know is most viet people in HCM like it.
So reading much of these is quite discouraging.