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Business

Southeast Asia's burgeoning restaurant and coffee chains

HANOI -- The first-ever Nikkei investigation into restaurant and cafe chains in the six major Southeast Asian nations has revealed that homegrown restaurant and cafe operators are holding up well against major U.S. rivals.

     In Vietnam, Thailand and Indonesia, some domestic chains are operating more than 1,000 stores. Several of them are stepping up efforts to break into neighboring countries, as the birth of the Association of Southeast Asian Nations Economic Community later this year will make it easier to do business across the region. But the creation of the single economic bloc will also bring increased competition.

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