by Linh Tran | Nov 11, 2025 | Insight 2
With arguably the best EBITDA margin among Asian beverage chains, what could the Q1 2027 listing be worth? Our read on the multiple, the comps, and the turnaround that sets up the story. Key takeaways The event: Jollibee Foods Corporation (JFC), which holds 60% of...
by Linh Tran | Oct 22, 2025 | Insight 1
Earlier this year, Koru was among the stakeholders invited to provide inputs for Vietnam’s upcoming government-backed VC initiatives.Now, it’s official. Under Decree 264/2025, Vietnam has formally outlined the establishment and operation of the National Venture...
by Linh Tran | Oct 14, 2025 | Insight 3
Overview On September 30, 2025, Mixue, China’s leading milk tea chain, announced its acquisition of Fulujia Fresh Beer — the country’s largest freshly tapped beer brand. The move marks Mixue’s bold entry into a new beverage category, expanding from milk tea and coffee...
![[Koru Lens] Vietnam’s Cautious Steps into Sports Betting](https://koru.capital/wp-content/uploads/2025/10/featured_sports_betting_v3_SR-1080x675.webp)
by Linh Tran | Oct 2, 2025 | Insight 2
Vietnam is gradually opening markets that were once illicit—but under strict controls. The latest example: a draft proposal to legalize international football betting with a daily cap of ₫10 million (~$380), up from the current ₫1 million per category. 📌 Key points: ...
![[Koru Lens] The Future of Care: A New Market Emerging in Vietnam; but is this the right time?](https://koru.capital/wp-content/uploads/2025/09/Why-Elderly-Care-Can-Be-So-Important-1024x609-1.jpg)
by Linh Tran | Sep 25, 2025 | Insight 2
👥 Vietnam is in its golden population era. But in just 10–20 years, that golden ratio will transition into a grey population. When it does, demand for elderly care services—particularly nursing homes—will grow at unprecedented speed. 🏛️ At the national level, General...
