Philippines’ Jollibee to cede Highlands Coffee control to Vietnamese shareholder
Economy 11:29 24/09/2026The Philippines-based fast-food restaurant operator Jollibee Foods Corporation will sell an 11-percent stake in the company that operates Highlands Coffee to Viet Thai International Joint Stock Company, raising the Vietnamese partner’s ownership to 51 percent and giving it control of the coffee chain.
Highlands Coffee nears 1,000 stores, posts over $41mn profit as IPO plans advance
Economy 09:10 15/03/2026Highlands Coffee, the largest coffee chain in Vietnam by scale, reported US$41.5 million in profit last year as it approaches 1,000 stores and prepares for an initial public offering.
Philippines' Jollibee Food's Highlands Coffee evaluates Vietnam IPO
Economy 17:11 04/03/2026Fast-food restaurant operator Jollibee Foods Corp said on Wednesday that its Vietnamese coffee chain, Highlands Coffee, was considering an initial public offering and a subsequent listing in Hanoi.
In Vietnam, Highlands Coffee halts lotus seed, lychee drinks at some locations amid Halong Canfoco food safety scandal
Economy 14:40 11/01/2026Coffee chain Highlands Coffee on Saturday clarified its relationship with Halong Canfoco, which is at the center of a major food safety scandal, and announced the temporary suspension of lotus seed- and lychee-based products at some stores in Vietnam.
Highlands Coffee posts highest profit in 2 years, eyes IPO in Vietnam
Economy 12:41 18/11/2025Highlands Coffee, the largest coffee chain in Vietnam by scale, reported its strongest third-quarter profit in two years thanks to rising same-store sales and prepares for a future initial public offering (IPO).
Haidilao restaurant operator, Jollibee fast food chain thrive in Vietnam
Economy 13:39 05/09/2025Vietnam has emerged as one of the best-performing markets for Chinese hotpot chain Haidilao and Filipino fast-food chain Jollibee, which reported strong revenue growth in the first half of 2025.
Vietnam a key market for Jollibee Foods as Highlands Coffee eyes IPO
Economy 18:44 14/05/2025Jollibee Foods Corp (JFC) said its Vietnam market delivered strong growth in 2024, with Highlands Coffee – its largest coffee brand by store count – preparing for an initial public offering (IPO).
Vietnam’s famed Highlands Coffee chain sued for 5-month unpaid rents
Economy 16:40 27/11/2021Highlands Coffee has failed to pay rents worth up to VND500 million (US$22,000) from July to date
