Tag: Vietnam

  • Airlines carry freight, charter flights to survive Covid hit

    Airlines carry freight, charter flights to survive Covid hit

    Airlines have strengthened freight services and offer charter services and discounts on passenger fares as they seek to recover from the slump caused by Covid-19.

    Vietnam Airlines recently converted one of its Boeing 787-9 aircraft to transport 40 tonnes of lychee from Hanoi to Ho Chi Minh City.

    Before the pandemic its Dreamliners had a busy schedule, flying to Europe, Australia and the ultra-busy Hanoi-HCMC sector, and few thought lychees will replace passengers on the modern airplane with a capacity up to 270.

    The carrier has also deployed other planes to transport lychee.

    Budget airline Vietjet has also been offering freight services to compete with leading logistic providers as demand balloons by the day. It has set up an online freight service, Swift247, in which it owns a 67 percent stake.

    In the first three months of 2021, Vietjet transported over 18,000 tonnes of cargo, with its cargo subsidiary contributing nearly 50 percent of total revenues.

    Since May, Bamboo Airways has been offer charter flights.

    To compete in the summer, the high season for air travel, carriers have offered big discounts on fares and promotions like free check-in baggage to attract customers back.

    Bamboo Airways reduced fares by 35 percent when booking five seats or more.

    Vietjet offered free insurance to all domestic passengers, including VND1 million compensation per day for loss of income in case of forced quarantine or Covid-19 infection as a result of traveling with it.

    Newcomer Vietravel Airlines, which has a fleet of three airplanes, is pricing tickets at below breakeven level, according to Nguyen Quoc Ky, its chairman.

    Vietnam Airlines and Vietjet have joined the effort to trial a vaccine passport.

    Next month, Vietnam Airlines will implement the International Air Transport Association’s Travel Pass initiative that allows people to store verified Covid-19 test and vaccination certificates on a smartphone app.

    This is seen as one of the keys to convincing countries to reopen borders to international travelers.

    According to Planespotters, an online database on commercial aviation based in Berlin, Germany, over half of all aircraft in Vietnam are idling in near-empty airports.

    Vietnam Airlines is currently operating only 47 of its over 100 planes, including 15 of its 29 wide-body airplanes (A350 and B787).

    In the case of Vietjet Air, over 50 out of its 74 airplanes are not flying.

    In the first quarter, Vietnam Airlines suffered losses of nearly VND5 trillion ($218,4 million). To generate sufficient cash flows, it is now selling 11 of its A321 CEO planes.

    Bamboo Airways has the least number of idle aircraft, nine out of 27.

  • Vietnam Airlines cleared for 12 repatriation flights from US

    Vietnam Airlines cleared for 12 repatriation flights from US

    National flag carrier Vietnam Airlines has received permission from U.S. authorities to conduct 12 repatriation flights this year, the first of which is scheduled for this month.

    The first flight will leave Hanoi on June 22 for Washington D.C. with a stop in Alaska before returning to Vietnam on June 24.

    The airline will use its biggest wide-body aircraft – the Boeing 787 or the Airbus A350 for these flights.

    It remains the only Vietnamese carrier to receive flight permits from the U.S. Transportation Security Administration (TSA), which is said to have stringent requirements. The examination process for the 12 flights took one month.

    Vietnam Airlines expects the flights to help evaluate the possibility of conducting regular flights between the two countries after the Covid-19 pandemic has been contained.

    Last year, it conducted 20 flights between Vietnam and the U.S. to serve Vietnamese citizens and U.S. experts, and to transport goods.

  • HCMC stock exchange to test South Korean system

    HCMC stock exchange to test South Korean system

    Vietnam’s overloaded main bourse, the Ho Chi Minh Stock Exchange, next week will begin testing a new system from South Korea which it plans to use later this year.

    The system would have the capability to handle “many times more” transactions than now, Le Hai Tra, CEO of the exchange, said.

    A temporary system from FPT, which has been tested in recent months to deal with the overload, would serve as a backup, he added.

    HoSE signed a deal for the system in 2012 with the Korea Exchange at a cost of VND600 billion ($26.16 million).

    But since last year South Korean experts could not come to Vietnam due to the Covid-19 pandemic, and so installation was delayed.

    A record number of new investors in recent times has placed an extreme strain on HoSE’s outdated system.

    The bourse increased the trading lot from 10 shares to 100 and instructed brokerages to stop order changes and cancelations to reduce the number of transactions.

  • Taxes on securities up 320 pct

    Taxes on securities up 320 pct

    Capital gains taxes on securities surged 320 percent year-on-year in the first five months as new investors flocked to the stock market.

    They were one of the major contributors to personal income tax collection in the first five months, which rose by nearly 13 percent, Cao Anh Tuan, head of the General Department of Taxation, said.

    Vietnam imposes a flat 0.1 percent capital tax on every stock sale.

    Other contributors were real estate (up 183 percent) and personal investment (up 169 percent), Tuan added.

    In May, an average of 3,600 individual stock trading accounts was opened each day, the highest ever. The number of accounts now has risen 11-fold since January 2020 to 3.2 million, or one each for 3.26 percent of the population.

    In the first five months of this year, 480,000 accounts were opened.

    In the period, the benchmark VN-Index gained over 20 percent, the highest in Asia.

  • Apple supplier Pegatron to expand Vietnam operations

    Apple supplier Pegatron to expand Vietnam operations

    Pegatron Corp, an assembler for Apple, Microsoft and Sony, plans to increase its investment in Vietnam for electronics production by $101 million.

    Taiwan’s Ministry of Economic Affairs, which has to approve overseas investments by local companies, as saying Pegatron’s investment in Vietnam would be for the production of computers and peripherals, communications equipment and electronic components.

    The company has not disclosed details of the investment.

    It invested $19 million to build its first plant at the Dinh Vu Industrial Zone in Hai Phong City in March last year to produce computers, communications equipment and consumer electronic products.

    It plans to build its second and third plants at a cost of $481 million and $500 million and also move its research and development center from China to Vietnam.

  • New cargo airline to advance Vietnam logistics

    New cargo airline to advance Vietnam logistics

    A fully-fledged cargo airline in Vietnam would boost logistics development and stir up competition in the aviation sector amid an e-commerce boom, experts say.

    “Vietnam needs a cargo airline to boost the transport of goods domestically and internationally. It will bring about many economic benefits,” said aviation expert Nguyen Thien Thong.

    He was commenting on a proposal by retail company Imex Pan Pacific Group (IPPG) to establish a cargo airline by next year, the first fully-fledged such company in Vietnam.

    With an initial investment of VND2.4 trillion ($103.6 million), IPP Air Cargo will start with five freighters. It estimates revenues of $71 million in the first year of operation.

    It would be the only cargo-dedicated airline in Vietnam, where all six carriers prioritize passenger transport.

    Vietnam ranks eighth among the top 10 emerging logistics markets globally, but 80 percent of the market is in the hands of foreign companies, according to the Vietnam Logistics Association.

    Logistics costs in Vietnam account for over 20 percent of its GDP, while the global average is 11 percent.

    This shows that there is a need for domestic companies to step up and take over the industry from foreign companies and reduce costs, experts say.

    Former Prime Minister Nguyen Xuan Phuc had in September last year ordered the Ministry of Transport to research the possibility of establishing a cargo airline to help distribute agriculture and electronic goods.

    In 2008, Trai Thien Air Cargo had received a permit for domestic and international transport, but it was not active for three years and the permit was canceled in 2011.

    IPP Air Cargo seeks to be the cargo airline the country needs. IPPG chairman Johnathan Hanh Nguyen said that the company will focus exclusively on cargo and not branch into passenger transport, avoiding competition with other airlines.

    Nguyen, a professional with experience in logistics and aviation, said he targets claiming 38 percent of Vietnam’s logistics market.

    The company will negotiate with foreign airlines to establish linked routes to 16 airports in Vietnam which will help transport goods directly from localities of origin instead of through big airports, he said.

    He also told the Thanh Nien newspaper that he had been developing a logistics network over the past year to prepare for the airline.

    However, his airline will not be the only cargo carrier in the sky. Vietnam Airlines has long been eyeing the establishment of its own cargo fleet, and during the pandemic, it removed seats from 12 wide-bodied aircraft and converted them into cargo carriers.

    Both Bamboo Airways and Vietjet have also mentioned plans to develop their own cargo fleet, but neither has made any concrete move towards this.

    Tong said that there could be competition in the industry, but eventually, it will benefit the development of e-commerce when a network of air cargo transport is established.

    “Coffee from the central highlands, lychee from the northern province of Bac Giang and seafood from the Mekong Delta region can be transported within a day to any locality if cargo air routes existed,” he said.

    Having a cargo airline is a necessity as most countries have at least one, and the recent boom in e-commerce means there is high demand for such transportation. This is the right time, therefore, for Vietnam to establish its own cargo airline, he added.

  • Vingroup sets up drug company

    Vingroup sets up drug company

    Vietnam’s largest private company, Vingroup, has established pharmaceutical company Vinbiocare with a charter capital of VND200 billion ($8.6 million).

    Its focus will be on medicine, vaccines.

    Vingroup owns 69 percent of Vinbiocare Biotechnology JSC, its formal name, which is headquartered in Hanoi, while Phan Quoc Viet, CEO of tech firm Viet A Technology Corporation, owns 30 percent. The remaining 1 percent is held by an individual investor, Phan Thu Huong.

    Mai Phuong Noi, deputy CEO of Vingroup, is its chairwoman.

    Vingroup entered the pharmaceutical industry in 2018 by establishing Vinfa JSC and setting up a plant in Gia Binh District in the northern Bac Ninh Province.

  • Ride-hailing platform Emddi raises $2 mln

    Ride-hailing platform Emddi raises $2 mln

    Vietnamese ride-hailing platform Emddi has raised $2 million at online fundraising event Virtual Investment Day hosted by venture capitalist ThinkZone Ventures.

    The fund will be used to invest in human resources and expand its market share, Emddi spokesperson said.

    The company had completed last year its Series A funding round, led by ThinkZone Venture. The amount of investment raised was undisclosed.

    It also reached a cooperation agreement with ride-hailing firm Be Group and Vietnam Taxi Alliance in April as part of efforts to increase its market share.

    Emddi is a ride-hailing application developed in 2016 by scientists of Vietnam National University’s Centre for Information Technology. It provides a ride-hailing platform for transporting companies, allowing them to set their own prices and types of services. The platform receives ride requests from both ride-hailing orders on the application and phone calls to the transporting firms’ switchboard.

    It allows customers to access the services of various transporting firms with one application.

    Emddi currently operates in over 40 cities and provinces in Vietnam and Laos with 30,000 drivers. It provides car-hailing services and two additional services in Hanoi – ride-hailing service to airports and round-trip transport between Hanoi and other provinces.

    The application allows cashless payment through e-wallets like VNPay, MoMo, Viettel Pay and Mobile Banking.

    It plans to expand to motorbike-hailing service once its car-hailing has developed its market position, said its representative Le Van Nam. It is currently focusing on car-hailing since it does not have enough resources, he added.

    Emddi expects Vietnam’s ride-hailing industry to grow by 16 percent to $4 billion in the next five years.

  • Hanoi metro tickets to cost $0.35-0.65

    Hanoi metro tickets to cost $0.35-0.65

    Fares on Hanoi’s first metro will range from VND8,000-15,000 ($0.35-0.65).

    City authorities have also decided that a day pass on the Cat Linh – Ha Dong metro line for unlimited trips will cost VND30,000.

    A monthly pass will cost VND200,000 and half that for students and workers at industrial parks.

    For businesses buying the monthly pass for its employees, the rate will be VND140,000.

    Travel will be free for seniors, children under six, people with disabilities, and people designated by the government as poor.

    Fares are subsidized to boost the use of public transport, city authorities said.

    People using non-cash payment methods will get a discount of VND500 per trip.

    Travel will be free for the first 15 days after the metro begins operation, though the start date has not been announced yet.

    The full trip from Cat Linh to the south-western district of Ha Dong through 12 stations will take 25 minutes.

    A train can carry 960 passengers.

    Trains will run from 5 a.m. to 11 p.m every day.

  • Bamboo Airways to launch US transit flights

    Bamboo Airways to launch US transit flights

    Private budget carrier Bamboo Airways plans to open flight routes to the U.S. with transit in Taiwan or Japan starting Q3.

    The airline has proposed to the U.S. Department of Transportation that is allowed to operate regular connecting flights – four to seven a week – carrying passengers and goods between Hanoi and HCMC to Los Angeles and San Francisco. The flights will have one transit point at Taiwan’s Taipei, or Japan’s Osaka or Nagoya.

    The flights would use the Boeing 787-9 Dreamliner aircraft.

    The proposal marks a change in plans because the carrier had been hitherto mentioning plans to launch direct flights between Vietnam and the U.S. It had acquired last month slots to operate regular direct flights from HCMC to San Francisco and Los Angeles starting September 1.

    The carrier is rushing to complete the final steps in the process of building its personnel apparatus, including pilot and flight crew training, for the direct flights, it had said.

    Bamboo Airways chairman Trinh Van Quyet had said the airline is considering an initial public offering of shares in the U.S. this year to raise $200 million.

    The IPO offering a 5-7 percent stake in the company is also expected to launch in Q3.

    It plans to expand its fleet from 30 aircraft to 40 this year and launch flights to other new destinations like Australia, Germany, Japan, and the U.K. if the Covid-19 pandemic is brought under control.

    It currently flies 60 domestic routes.

    Last year, it carried over seven million passengers to account for a 20 percent market share, and hopes to increase it to 30 percent this year.

    The carrier’s pre-tax profit last year rose by 30 percent year-on-year to VND390 billion ($17 million). Its total assets value at the end of 2020 was nearly VND13.4 trillion.

  • Vietnam stock market posts world’s highest gains

    Vietnam stock market posts world’s highest gains

    Vietnam’s benchmark VN-Index has surged 34.51 percent in the first half of this year, marking the highest increase in the world.

    Abu Dhabi was second with its stock market rising 33.06 percent, followed by Austria with 32.65 percent, according to China-based stock database StockQ.

    With an increase in five consecutive sessions in the past week, VN-Index reached 1,374.05 points last Friday, up 4.06 percent from a week earlier. Vietnam ranked third among the most active markets in the past week after Argentina and Hungary, according to the Chinese stock database.

    Abundant cash flow, constantly increasing number of new investors, and immediate measures to reduce congestion has propelled the stock market.

    The number of new investors entering the stock market in May scaled a new monthly record, with over 113,000 new trading accounts opened.

    The VN-Index’s continuous growth has broken most forecasts made by domestic securities companies.

    Citing geopolitical risks and complicated developments of the Covid-19 pandemic, the Viet Dragon Securities Company (VDSC) had forecast that the VN-Index could reach a high of 1,272 points, equivalent to a year-on-year increase of about 15 percent.

    Other securities firms like Ho Chi Minh Securities Corporation (HSC), Vietcombank Securities (VCBS) and Viet Capital Securities (VCSC) made similar forecasts of the index reaching 1,250-1,280 points.

    The index has surged rapidly, pushing the price-earnings (P/E) ratio to 18.8. While this figure is still much lower than other Southeast Asian countries, including the Philippines, Indonesia and Thailand, it shows Vietnam’s stock market is coming of age.

    In a newly released strategy report, VNDirect Securities said: “The market is no longer undervalued but also not too high, meaning that businesses need more time to improve their results and pull the valuation ground to a more attractive level.”

  • Industry ministry seeks Covid vaccination priority for retail workers

    Industry ministry seeks Covid vaccination priority for retail workers

    The Ministry of Industry and Trade wants employees at retailers selling essential goods to be prioritized for Covid-19 vaccination, saying they face a high risk of infection.

    It has made the proposal to the Government following demands from large retail chains and the Association of Vietnam Retailers.

    It said workers at supermarkets, convenience stores, traditional markets, and grocery stores come in contact with large numbers of customers on a daily basis. Vaccinating them would also ensure supply chains of essential goods are not disrupted.

    It also urged the Ministry of Health to assist retail businesses with sourcing vaccines and immunizing their workers.

    Some retailers have said they will pay for the vaccines.

    Enterprises in some other sectors like textile and garment, footwear, fisheries, and electronics have also called for prioritizing their workers since most work in industrial zones and face great risk.

    Le Tien Truong, chairman of the Vietnam National Textile and Garment Group (Vinatex), said delayed deliveries could result in contract cancellations and penalties running into billions of dollars, and so textile and garment workers should be prioritized for vaccination, especially in pandemic-hit areas like Bac Ninh and Bac Giang Provinces, HCMC and Hanoi.

    “Vinatex is willing to pay for the vaccines.” He said it is prepared to spend VND100-200 billion ($4.3-8.6 million) for the vaccinations.

    The Private Economic Development Research Board has recommended that the government should allow enterprises to directly buy vaccines from suppliers for their employees.

    Vietnam has had 5,008 Covid cases as of Friday morning in 37 cities and provinces since the new wave began on April 27.

  • Higher shipping fees hurt smaller firms

    Higher shipping fees hurt smaller firms

    Vietnamese exporters are struggling to send goods abroad despite high demand because of a nearly five-fold year-on-year surge in container shipping costs.

    Shipping costs from Asia to Europe rose above $10,000 per container for the first time on record last week, a 485 percent increase year-on-year, according to the Drewry World Container Index.

    Ho Van Hiet, CEO of Prime Logistics Vietnam, said that while foreign direct investment giants with established contracts are mostly unaffected by the price increase, small and medium Vietnamese exporters were fighting to secure container slots for their shipments.

    “Exporters who used to send 10 containers per shipment are having to cut it to a few as most ships are filled up,” he said.

    Nguyen Dinh Tung, CEO of fruit exporter Vina T&T, said that that rising transportation costs has become a global issue and it has pushing smaller companies out of the market.

    A shortage of containers also means longer transportation time and this affects the export of some products like fruits.

    Mangoes from Vietnam, for instance, can be preserved for 35 days. Before, it took 25 days to deliver the product to Western buyers, but now it takes 30-35 days, Tung told local media, adding that many buyers have stopped importing because there is not enough time to sell the products.

    Industry insiders say that container transportation charges have risen as demand rises in the Europe and the U.S., with their economies beginning to recover from Covid-19 impacts. Companies are beginning to restock and make more purchases.

    Nguyen Thi Anh, the spokeswoman for a HCMC-based logistics company, said that as container costs rise so do related fees like storing and moving them out of ports.

    Since last year, many exporters have been struggling to negotiate logistics costs with buyers; some have either left the market or accepted losses in order to retain customers, she told local media.

    Some small exporters of garment products, furniture and seafood have stopped exporting altogether after not being able to negotiate a contract with buyers, she added.

    Hiet said he sees another increase in shipping rates in June, sending prices of shipping a 40-foot container from Vietnam to Europe to around $11,000, up 10 percent from now.

    The rates could go even higher as demand typically peaks in August and September, he added.

    The only solution for Vietnamese exporters is to book their delivery soon so to ensure they have secure container slots on ship, he said.

  • Bamboo Airways on 5-star roadmap

    Bamboo Airways on 5-star roadmap

    Dubbed the most intriguing airline startup in 2020 by Forbes, Bamboo Airways is now among three leading carriers in Vietnam, proving an ideal option for a 5-star oriented flight experience.

    Inspired by its founder’s dream of exploring the sky at the age of 19, Bamboo Airways was established as the torchbearer leading Vietnamese airline service to the next level. Hence, the international 5-star rating has become Bamboo Airways’ ultimate goal since its earliest days.

    Bamboo Airways adheres to its target of quickly updating service quality and getting 5-star certification by 2023. Therefore, the airline has entered into official cooperation with Yates and Partners, the world’s premier aviation and hospitality consultancy with the most experience in 5-star service consultation and guest experience design. Bamboo Airways has taken drastic actions in achieving its initial goal, even during this period of turmoil for both domestic and international aviation.

    Only 10 airlines have achieved the international 5-star rating in the world, accounting for roughly 4 percent. That number demonstrates the level of difficulty in reaching the 5-star rating as encountered by every airline, even in countries with the most developed aviation industry.

    Each carrier will identify and promote one or several decisive strengths. Qatar Airways takes the top spot in the “World’s Best Business Class” category. Singapore Airlines leads in the “World’s Best Cabin Crew” and the “World’s Best First Class.” Meanwhile, Hainan Airlines is rated the “World’s Best Business Class Amenities” airline.

    Bamboo Airways has identified two of its initial goals on the 5-star roadmap, which are “the airline with the best customer service” and “airline with best business lounges.”

    “5-star human” resources

    In the roadmap towards an international 5-star rating, numerous strict flight attendant requirements are mapped out regarding standard TOEIC score, appearance, BMI (Body Mass Index), female attendant number, etc.

    Bamboo Airways has selected and provided standardized training courses for its very first cabin crew, passing numerous criteria like communication skills, English proficiency, customer service, first aid…

    Flight attendants must reach a height above 1.7 meters (for males), and above 1.6 meters (for females) with an arm reach of at least 2.12 meters. The airline also focuses on criteria for appearance, customer interaction, problem-solving skills, taking women’s tenderness as the basic standard for customer service on each flight.

    “Bamboo Airways always prioritizes the sense of hospitality and responsibility when selecting its ‘sky ambassadors’. As Bamboo Airways aims to provide “more than just a flight” experience, its flight attendants need to provoke passengers’ feelings of trust, being secured and cared for through words, actions and professional problem-solving skills,” said Le Dang Khoa, captain of Bamboo Airways’ cabin crew.

    A hand on the heart with a broad smile has become the symbol of Bamboo Airways at every customer touchpoint, from ticket offices, waiting rooms to boarding gates.

    First Vietnamese private airline to operate business lounges

    In addition, Bamboo Airways has put its business lounge system into operation. In 2020, Bamboo Airways became the first Vietnamese private airline to launch a business lounge at Noi Bai International Airport and Con Dao Airport.

    The business lounge is a crucial customer touchpoint at airports for not only carriers but also business enterprises. Now, more and more leading banks in Vietnam aim to operate business lounges at airports to provide customer services for VIP guests.

    Acknowledging the importance of this customer touchpoint, Bamboo Airways has standardized its 5-star oriented business lounge service at airports. It offers first-class amenities and services, from restaurant-quality dishes, smoking and working areas to stunning runaway views.

    Despite the demanding period for the aviation industry, Bamboo Airways has constantly developed and expanded its lounge system at numerous domestic airports such as in Quy Nhon, Phu Quoc, etc. to provide consistent 5-star oriented services to customers.

    Even in the process of fleet expansion, the customer experience factor remains Bamboo Airways’ priority when choosing aircraft, apart from other factors that control the exploitation of resources.

    For instance, Bamboo Airways is a pioneer in utilizing Embraer jets in Vietnam. Built by the world’s third-largest manufacturer of civil aircraft, Embraer 190 and 195 not only attribute to Bamboo Airways’ monopoly on routes connecting Con Dao but also turns the airline into the first and only carrier to provide business class services to Con Dao.

    Bamboo Airways has made substantial investments in fleet expansion and pilot training courses to achieve excellent service quality. In 2019, Bamboo Airways welcomed the first Boeing 787-9 Dreamliner to its fleet, becoming the first Vietnamese private carrier to operate wide-body aircraft.

    Besides modern narrow-body aircraft like the A320NEO and A321NEO, Bamboo Airways expanded its fleet to 30 aircraft with the constantly upcoming Boeing 787-9 Dreamliners, aiming to increase capacity and service quality.

    Highly evaluated core value and service mindset

    According to aviation experts, passenger expectations regarding an airline service derives from the carrier’s prestige.

    In cooperation with Bamboo Airways, the chairman of Yates and Partners highly evaluated the airline’s core value and service mindset, which are important factors for any carrier in the path towards the international 5-star rating.

    Consultants of Yates and Partners will accompany Bamboo Airways on a long-term roadmap, supporting the airline in setting international 5-star service standards at all customer touchpoints, including standards for business and economy class services, F&B strategies, catering services on each flight, personnel training for staff and cabin crew on domestic and international flights.

  • Vietnamese restaurant chain Roll’d launches FMCG range through Coles

    Vietnamese restaurant chain Roll’d launches FMCG range through Coles

    Vietnamese restaurant chain Roll’d, has rolled out a range of pantry staples at Coles, allowing customers to recreate restaurant favoritesnoo at home.

    Starting this month, shoppers can now purchase the same ingredients and condiments used at the restaurant, including a range of four sauces – Sticky Hoisin, Spicy Hoisin, Nước Mắm, and Chili Mayo (at RRP $6) – rice papers ($4), vermicelli noodles ($3.50) and rolling trays ($10).

    According to Roll’d, the products are simple to use, free of preservatives, additives or gluten and suitable for vegetarians and vegans.

    In addition, customers can scan the QR code at the back of any Roll’d product to access tutorials and recipe ideas designed to suit different skill levels.

    “Teaching Australians to roll their very own Roll’d Vietnamese Soldiers through this new Coles grocery partnership is a natural extension for us beyond the traditional QSR arena,” said Bao Hoang, Founder and CEO, Roll’d.

    “We’re excited to be sharing our authentic Vietnamese eats and recipes to the wider community, going into homes, lunchboxes and onto dinner tables with fresh, family eats options that are healthy and guilt-free.”