Louisville, KY, March 16, 2015 – KFC, a division of Yum! Brands (NYSE: YUM), has been named one of Vietnam’s “100 Best Places to Work” by an annual survey conducted by Nielsen, a global information and measurement company, and Anphabe, a career network in Vietnam. KFC was the only quick-service restaurant brand on the “100 Best Places to Work” 2014 list. KFC is one of the fastest growing retail brands in the world with more than 19,000 restaurants in 120 countries.
“We are honored to have KFC recognized as one of the ‘100 Best Places to Work’ in Vietnam,” said Pornchai Thuratum, General Director, KFC Vietnam. “This honor recognizes the hard work of our passionate restaurant team members who provide delicious food and great service to our customers daily.”
The “100 Best Places to Work” survey was conducted across 500 companies with 15,578 participants representing 24 different occupations in Vietnam. The survey included in-depth interviews and qualitative and quantitative research to obtain objective opinions from participants.
“Congratulations to KFC Vietnam for this honor and the distinction of being the only quick-service restaurant brand on the Top 100 list,” said Micky Pant, Chief Executive Officer, KFC. “KFC Vietnam’s recognition reflects how the franchise leadership team has done an outstanding job investing its energy and talent to build a successful business and culture across the country. We have a strong, growing business in Vietnam with franchise partners who understand the local market.”
Vietnam is a key emerging market for KFC’s parent company, Yum! Brands. With a growing middle class and a large, youthful population of more than 90 million people, Yum! Brands believes there is a long runway for growth in Vietnam. KFC entered Vietnam in 1997 as the country’s first quick-service restaurant brand. Today there are 137 KFC franchise restaurants located in prime locations in approximately 20 cities throughout the country. In addition, Pizza Hut opened its first restaurant in Vietnam in 2007 and today has 53 franchise locations.
Yum! Brands is the worldwide leader in emerging markets like Vietnam with more than 15,000 restaurants and a nearly two-to-one advantage over the nearest competition. The Company opened over 2,030 new restaurants outside the U.S. in 2014 with 80 percent of the development occurring in emerging markets. With only two restaurants per million people in the top 10 emerging markets, compared to 57 restaurants per million in the U.S., Yum! believes it is on the ground floor of global growth.
Yum! Brands, Inc., based in Louisville, Kentucky, has over 41,000 restaurants in more than 125 countries and territories. Yum! is ranked #216 on the Fortune 500 List with revenues of over $13 billion. In 2014 Yum! was named among the top 100 Corporate Citizens by Corporate Responsibility Magazine and one of the Aon Hewitt Top Companies for Leaders in North America. The Company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. Outside the United States, the Yum! Brands system opens over five new restaurants per day on average, making it a leader in international retail development.