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50 years forward: Meet the Vietnamese-American entrepreneurs turning food into legacy

50 years forward: Meet the Vietnamese-American entrepreneurs turning food into legacy

Yahoo17-04-2025

After Duke Pham and his family landed in the United States in 1975, his mother knew what she needed to do next: start a business.
"My mom decided we were opening a restaurant, and somehow she did it," Pham told Shopify. His family had fled Vietnam in 1975 after the fall of Saigon, determined to start over in Seattle. "I remember rolling egg rolls in the middle of the night after school, hauling ingredients into our truck, setting up booths at farmers markets on weekends. That was my childhood."
Inspired by his mother's entrepreneurship, Pham grew up to launch six popular pho restaurants, which eventually became the launchpad for Pho'nomenal Foods, an award-winning instant pho noodle brand sold nationally.
And he's not alone. As the U.S. prepares to observe the landmark 50th anniversary of the end of the Vietnam War on April 30, 2025, the effects of the Vietnamese diaspora are palpable. Over 125,000 Vietnamese refugees sought new beginnings while striving to stay connected to their heritage. They started businesses out of passion but also necessity—entrepreneurship was a way to gain a foothold in a foreign land and drive their communities forward. Today, there are over 300,000 Vietnamese-American-owned businesses that stand as testament to that ethos.
Now, the next wave of Vietnamese-American founders—many of them children of refugees—are carrying on the tradition. And many are starting food brands as a way to combine their entrepreneurial mindset with a passion for their culinary heritage.
From introducing ingredients like fish sauce to spotlighting the time-honored way to make Vietnamese coffee, founders are leveraging products as both a reclamation of legacy and an invitation for others to join the experience. In doing so, brands like Red Boat Fish Sauce, Nguyen Coffee Supply, Socola Chocolatier, and Pho'nomenal Foods are showing the transformative power of food.
For sisters Tracy and Tiffany Pham (pictured above with their family), the entrepreneurial journey began when their father, Cuong, rediscovered the superior quality of authentic, locally sourced fish sauce during a visit to his hometown in Vietnam in 2005.
"He returned with a bottle of fish sauce, and it brought my grandmother to tears because it had been decades since she had it," Tiffany Pham says. "Fish sauce is so quintessential to Vietnamese cuisine. You can't have Vietnamese food without it. And when they moved to the U.S., Vietnamese products were not available."
This moment planted the idea for Red Boat Fish Sauce. This Bay Area brand launched in 2011, dedicated to the traditional methods of making pure fish sauce from just anchovies and sea salt. Cuong quit his job as a software engineer, and the family began taking sourcing trips to the Phú Quốc region of Vietnam to produce their original fish sauce.
"The process we use is something that has been used in Vietnam for centuries. It's the highest quality, the highest concentration. It's not diluted with water, sugar, or extracts," says Tracy Pham.
Prior to the rise of Red Boat, Vietnamese fish sauce was scarce in national chains. They realized there was a gap in the market for a high-quality version, and they wanted to fill it. Now Red Boat is available on grocery shelves across the country from Whole Foods to Walmart.
For Nguyen Coffee Supply founder Sahra Nguyen (pictured above), the mission of her brand is also about honoring ancient tradition. Despite being the second-largest coffee producer in the world after Brazil, Vietnam's coffee was often overlooked in the U.S.
Nguyen's journey began with frustration—frustration at the way Vietnamese coffee was misrepresented in American coffee culture. "I remember visiting coffee shops and asking what was in their Vietnamese coffee, because it didn't taste like the iced coffee I had growing up," she says.
She realized they were all using arabica beans and not the robusta beans used in the authentic Vietnamese beverage. Robusta beans, grown in Asia, Africa, and Latin America, have long been labeled as low-quality beans in the West. Because of this misconception, robusta was rarely found in the U.S.
"Vietnamese coffee is synonymous with robusta coffee. But there's this strong bias in the coffee industry that arabica is good and robusta is bad. I wanted to challenge that and expand the conversation."
By establishing direct trade relationships with Vietnamese farmers, Nguyen ensures her coffee is not only of the highest quality but also ethically sourced. The brand hosts tastings and workshops, where Nguyen ventures beyond the coffee itself to share the rich history behind it.
Her work has helped shift the myths around robusta, bringing an aspect of Vietnamese culture to kitchens across America.
"I go to these events and now everyone is talking about robusta coffee. Things have changed so much, and the industry is excited about the possibilities."
Similarly, Duke Pham of Pho'nomenal Foods reimagined classic Vietnamese flavors through the development of instant pho products. As he expanded from restaurant owner to food product innovator, he quickly realized the potential for an instant version of pho that would respect the dish's authenticity while appealing to modern consumers looking for a quick meal.
His breakthrough came when he collaborated with food scientists to develop a pho broth powder that retained the full flavor profile of the traditional broth—something that typically takes 10 hours of preparation. People without the time to brew a pho broth could still enjoy a hot, delicious bowl at home within minutes.
"Pho is a staple item of our culture. It's breakfast, dinner, a late night snack—a good meal at pretty much any time of the day," says Pham. "It's just been great to be able to bring that part of our culture here and make it more of a mainstream item."
Each packet of Pho'nomenal's broth uses high-quality, natural ingredients, avoiding the artificial additives found in other instant products on the market. By fusing tradition and convenience, he's pushing traditional Vietnamese cuisine into new territories.
While some founders are filling market gaps for more traditional products, others are using their backgrounds as the catalyst for something wholly new.
In the heart of San Francisco, Wendy Lieu's artisanal chocolate brand, Socola Chocolatier (pictured above), is blending the traditional with the modern.
As a teenager, Lieu and her sister worked at her parents' nail salon. On their breaks, they'd go to the mall to get free chocolate samples. It's where she fell in love with truffles, and she began experimenting with chocolate recipes at home—making her own fresh from scratch. Eventually, she landed a coveted spot at the local farmers market and began to build a following. However, she felt her brand was missing something.
"In the chocolate industry, we were spending a lot of time trying to fit in. I decided we needed to stand out," says Lieu. "A lesson I learned is that if you're too broad in your business, you're going to be competing against all these people doing the same thing you are."
When she looked at popular chocolates, she saw they often followed tried-and-true formulas with no experimentation. Determined to fill that void, Lieu began taking risks with innovative ingredients like sriracha and durian, infusing Socola chocolates with the bold flavors of Vietnam. She even made pho-flavored chocolate. The result was a collection of truffles that celebrated her heritage and made Socola stand out in a saturated market.
"By being so specific about my Vietnamese culture, we started attracting more customers than I ever thought we could," Lieu says. "Now whenever I travel, I'm looking for more Asian flavors that can translate into chocolate."
Fifty years on, the stories of brands like these reveal the power of different backgrounds, perspectives, and of course, tastes. These entrepreneurs successfully tapped into a market opportunity because they had a deep understanding of their culture and its culinary traditions. Their growth is a loud and clear signal—consumers are hungry for real flavors that take them on a journey.
"What I see now is that more people want to find those authentic products that come directly from Vietnam. Whereas before there was hesitation, there's now curiosity," says Tracy Pham of Red Boat.
Food is a powerful storyteller. Each bite, each sip carries the weight of memory, history, and culture. Through their work, these entrepreneurs forge connections that transcend borders and generations. Ultimately, they create a world where food connects us all.
"It's not so long ago that my parents literally lived through war and escaped Vietnam on a boat," says Sahra Nguyen of Nguyen Coffee Supply.
"I'm so proud of what this community has achieved in such a short time. If the community came this far in just 50 years, what will they achieve in the next fifty?"
This story was produced by Shopify and reviewed and distributed by Stacker.

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$3 Billion to Buy U.S. Agricultural Commodities: Vietnam Seeks a Good Deal of Reciprocal Trade Agreement with the U.S.
$3 Billion to Buy U.S. Agricultural Commodities: Vietnam Seeks a Good Deal of Reciprocal Trade Agreement with the U.S.

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$3 Billion to Buy U.S. Agricultural Commodities: Vietnam Seeks a Good Deal of Reciprocal Trade Agreement with the U.S.

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How the Vatican manages money and where Pope Leo XIV might find more
How the Vatican manages money and where Pope Leo XIV might find more

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VATICAN CITY (AP) — The world's smallest country has a big budget problem. The Vatican doesn't tax its residents or issue bonds. It primarily finances the Catholic Church's central government through donations that have been plunging, ticket sales for the Vatican Museums, as well as income from investments and an underperforming real estate portfolio. The last year the Holy See published a consolidated budget, in 2022, it projected 770 million euros ($878 million), with the bulk paying for embassies around the world and Vatican media operations. In recent years, it hasn't been able to cover costs. That leaves Pope Leo XIV facing challenges to drum up the funds needed to pull his city-state out of the red. Anyone can donate money to the Vatican, but the regular sources come in two main forms. Canon law requires bishops around the world to pay an annual fee, with amounts varying and at bishops' discretion 'according to the resources of their dioceses.' 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Can an American pope apply US-style fundraising and standards to fix troubled Vatican finances?

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Can an American pope apply US-style fundraising and standards to fix troubled Vatican finances?

VATICAN CITY -- As a bishop in Peru, Robert Prevost was often on the lookout for used cars that he could buy cheap and fix up himself for use in parishes around his diocese. With cars that were really broken down, he'd watch YouTube videos to learn how to fix them. That kind of make-do-with-less, fix-it-yourself mentality could serve Pope Leo XIV well as he addresses one of the greatest challenges facing him as pope: The Holy See's chronic, 50 million to 60 million euro ($57-68 million) structural deficit, 1 billion euro ($1.14 billion) pension fund shortfall and declining donations that together pose something of an existential threat to the central government of the 1.4-billion strong Catholic Church. As a Chicago-born math major, canon lawyer and two-time superior of his global Augustinian religious order, the 69-year-old pope presumably can read a balance sheet and make sense of the Vatican's complicated finances, which have long been mired in scandal. 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And he punished the Vatican's Secretariat of State that had allowed the London deal to go through by stripping it of its ability to manage its own assets. But Francis left unfinished business and his overall record, at least according to some in the donor community, is less than positive. Critics cite Pell's frustrated reform efforts and the firing of the Holy See's first-ever auditor general, who says he was ousted because he had uncovered too much financial wrongdoing. Despite imposing years of belt-tightening and hiring freezes, Francis left the Vatican in somewhat dire financial straits: The main stopgap bucket of money that funds budgetary shortfalls, known as the Peter's Pence, is nearly exhausted, officials say. The 1 billion euro ($1.14 billion) pension fund shortfall that Pell warned about a decade ago remains unaddressed, though Francis had planned reforms. And the structural deficit continues, with the Holy See logging an 83.5 million euro ($95 million) deficit in 2023, according to its latest financial report. As Francis' health worsened, there were signs that his efforts to reform the Vatican's medieval financial culture hadn't really stuck, either. The very same Secretariat of State that Francis had punished for losing tens of millions of euros in the scandalous London property deal somehow ended up heading up a new papal fundraising commission that was announced while Francis was in the hospital. According to its founding charter and statutes, the commission is led by the Secretariat of State's assessor, is composed entirely of Italian Vatican officials with no professional fundraising expertise and has no required external financial oversight. 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Fitzgerald, who spent his career in real estate private equity, said American donors — especially the younger generation — expect transparency and accountability from recipients of their money, and know they can find non-Vatican Catholic charities that meet those expectations. 'We would expect transparency before we would start to solve the problem,' he said. That said, Fitzgerald said he hadn't seen any significant let-up in donor willingness to fund the Papal Foundation's project-specific donations during the Francis pontificate. Indeed, U.S. donations to the Vatican overall have remained more or less consistent even as other countries' offerings declined, with U.S. bishops and individual Catholics contributing more than any other country in the two main channels to donate to papal causes. Francis moved Prevost to take over the diocese of Chiclayo, Peru, in 2014. Residents and fellow priests say he consistently rallied funds, food and other life-saving goods for the neediest — experience that suggests he knows well how to raise money when times are tight and how to spend wisely. He bolstered the local Caritas charity in Chiclayo, with parishes creating food banks that worked with local businesses to distribute donated food, said the Rev. Fidel Purisaca Vigil, a diocesan spokesperson. In 2019, Prevost inaugurated a shelter on the outskirts of Chiclayo, Villa San Vicente de Paul, to house desperate Venezuelan migrants who had fled their country's economic crisis. The migrants remember him still, not only for helping give them and their children shelter, but for bringing live chickens obtained from a donor. During the COVID-19 pandemic, Prevost launched a campaign to raise funds to build two oxygen plants to provide hard-hit residents with life-saving oxygen. In 2023, when massive rains flooded the region, he personally brought food to the flood-struck zone. Within hours of his May 8 election, videos went viral on social media of Prevost, wearing rubber boots and standing in a flooded street, pitching a solidarity campaign, 'Peru Give a Hand,' to raise money for flood victims. The Rev. Jorge Millán, who lived with Prevost and eight other priests for nearly a decade in Chiclayo, said he had a 'mathematical' mentality and knew how to get the job done. Prevost would always be on the lookout for used cars to buy for use around the diocese, Millán said, noting that the bishop often had to drive long distances to reach all of his flock or get to Lima, the capital. Prevost liked to fix them up himself, and if he didn't know what to do, 'he'd look up solutions on YouTube and very often he'd find them,' Millán told The Associated Press. Before going to Peru, Prevost served two terms as prior general, or superior, of the global Augustinian order. While the order's local provinces are financially independent, Prevost was responsible for reviewing their balance sheets and oversaw the budgeting and investment strategy of the order's headquarters in Rome, said the Rev. Franz Klein, the order's Rome-based economist who worked with Prevost. The Augustinian campus sits on prime real estate just outside St. Peter's Square and supplements revenue by renting out its picturesque terrace to media organizations (including the AP) for major Vatican events, including the conclave that elected Leo pope. But even Prevost saw the need for better fundraising, especially to help out poorer provinces. Toward the end of his 12-year term and with his support, a committee proposed creation of a foundation, Augustinians in the World. At the end of 2023, it had 994,000 euros ($1.13 million) in assets and was helping fund self-sustaining projects across Africa, including a center to rehabilitate former child soldiers in Congo. 'He has a very good interest and also a very good feeling for numbers,' Klein said. 'I have no worry about the finances of the Vatican in these years because he is very, very clever.' Franklin Briceño contributed from Lima, Peru.

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