News Summary: Starbucks to open 1st Vietnam cafe

Coffee giant Starbucks to open 1st Vietnam cafe in February

VIETNAM VENTI: Starbucks Corp. will open its first Vietnam cafe early next month in Ho Chi Minh City as part of its strategy to expand across Asia, the company said Thursday.

COFFEE FANS: The Seattle-based chain will be entering a country of coffee lovers that already has an established market. At least two popular homegrown chains have dozens of locations nationwide, and family-run sidewalk cafes dot the streets and alleys of larger Vietnamese cities.

BEAN GROWER: Vietnam is the world's second-largest coffee producer behind Brazil and already provides high-quality beans for Starbucks stores in other countries.