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Foreign investors sue Mon Hue founder

Foreign investors sue Mon Hue founder

Foreign investors who poured $70 million into the Mon Hue restaurant chain are suing its parent company founder, alleging fraud.

Restaurant chain Mon Hue keeps losing millions of dollars

Restaurant chain Mon Hue keeps losing millions of dollars

Mon Hue suffered an accumulated loss of almost VND107 billion ($4.62 million) since 2016 as its expansion costs rose much faster than revenue.

Major restaurant chain shuts down

Major restaurant chain shuts down

Mon Hue, a major Vietnamese restaurant chain with around 80 outlets nationwide, has shut down without notice, apparently unable to pay its dues.

October 22, 2019 | 10:30 pm PT

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