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Part 3

Band 6+: Which types of stores are more successful where you live: multinational chains or local businesses?

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Polished transcript:
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In a developing country like Vietnam, a wide range of global food and beverage brands are imported, attracting a huge number of customers and helping them to spread their popularity throughout society. However, the number of customers cannot remain stable for a long period of time due to the prohibitive prices and local residents' preferences. A typical example of this is when McDonald's first came to Vietnam, everyone rushed there hoping to be the first customers. But that didn't last. After just a few months, people went back to local restaurants because of the affordable prices and convenience. So I would say that local businesses are still at a level that cannot be easily overtaken by any multinational chain.
Actual audio transcript (What native speakers are likely to hear):

In a developing country like Vietnam, a wide range of global f and b brandants are imported into our countries, attracting a huge number of customers, which helps them to widespread their popularity among society. On the flip side, the number of the customers cannot remain stable for a long period of time due to the prohibitive price and local residence. T a, uh, typical example of this is that when McDonald’s came to my country, which is Ann away for the first time, everyone raced there with the hope, uh, of being the first customers. But that didn’t last. After just a few months, people went back to the local restaurants because, uh, of affordable price and its convenience. So I would say that local businesses are still at level that cannot be taken over by any moi multinational. James.

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Speaking Time: 48 seconds

Answers On The Same Topic:

Which types of stores are more successful where you live: multinational chains or local businesses?

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