Money-hungry F&B startups flounder
June 10, 2020 | 11:00
The collapse of Mon Hue and Soya Garden shows not only the risk of investors when they pour money into startups in food and beverage chains, but also the inadequacies of utilising investment capital inefficiently.
MoPS launches prosecution against Huy Nhat for fraud
May 19, 2020 | 17:05
Four foreign investors filed a lawsuit against Huy Nhat for alleged fraud and the appropriation of $25 million through a made-up real estate project in Lang Co.
Mon Hue woes a warning to chains
November 01, 2019 | 13:00
The closure of much of the Mon Hue chain has demonstrated the risk that food and beverage businesses can suffer from, as the collapse cements that attracting investment funds does not equal an ability to balance the books. Kim Anh reports.
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