Book is right with the price... I had buffet at Binh Quoi tourist village and it's pretty trendy. The price is around 80,000VND or about 5 USD and the food is very good even for the Vietnamese. This place is pretty crowded when I was there during the weekend (just don't know what the normal crowd is though).
I guess it dependes what target you're aiming for the buffet in Hanoi.
When I visit a country I always prefer to eat local cuisine, otherwise you become like certain travellers from a certain country who choose Holiday Inn so they can have a repeat performance night after night, even eating American fast food.
I have never discovered the Phils cuisine other than semi-developed chicks in eggs.
Thanks alot for many of your reply. That really help me in order to figure out the best plan for my restaurant. My main target will be the local Hanoian as well as the foreigners. I was in Hanoi during summer 2006, and I was amazed by how much it has been changed. The living standards are raising, that's the reason why I thought that $10 would be okay. However, the point is taken well that for a restaurant, it's better to keep the customer coming in the long run. I'd probably set the price to be $8.
My friends and I have decided to do a Japanese, Korean, and Vietnamese buffet. We have friends who are experience on those areas, that's why we chose these three choices.
We'll working on the business plan now. Is there any suggestion about ingredent, cooking, settings, equipments, entertainment that you guys want to share with me.
Thanks very much.
If I pay $8 to eat in Emporium or Siam Paragon, I'm ok but I'm not going pay $8 to eat in BigC.
I'm not sure how Vietnamese think about BigC but in Thailand it's a popular retailed chain which is in my opinion nicer than Tesco Lotus but can't compared with other shopping places like Central, Robinson, etc. My comparison is not valid between supermarkets and shopping malls, but my Malaysian friend who is working in Bangkok (after 6 years or so working in Vietnam) doesn’t know what BigC is. What I mean is this kind of customers who can pay may not go to BigC to eat. By the way I was at BigC yesterday in Thailand :-). In Saigon this month I was at the BigC near the airport.
So I'm repeating what others have said that you may want not to sell expensive. Years ago I took a local buffet in Saigon at VND50,000 per person or a Japanese buffet at VND70,000 per pax. With your original plan of $10, it was buffet breakfast at Hotel Equatorial a few years ago and it is a 5* hotel (at least in Vietnam standard). If you sell in Trang Tien Shopping Center or similar in Hanoi, you’re ok with the rate of $8.
I agree with you for choosing Korean foods. Is there anybody who doesn't know Rain (a Korean singer/actor)? After all these beautiful actresses on TV every night, it is now boy bands and Rain. Many Vietnamese and Thai are crazy for Korean stuff.
Japanese and Vietnamese food? Definitely.
Malaysian and Chinese foods are easy to eat. I feel that people in Central Vietnam will like Thai food more than people in the North. Don't know about foreigners but I've heard they say they love Thai food.
man, now im hungry and its only 10.55am ;)
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