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Vietnam’s largest coffee chain reaches a new profit peak, with Philippines conglomerate holding a 60% stake
Highlands Coffee, Vietnam’s largest coffee chain, has recorded a new profit high, according to the Q3/2025 business results released by Jollibee Foods Corporation (JFC) of the Philippines — the parent company of Highlands Coffee. Founded in 1999 by entrepreneur David Thai (Thai Phi Diep), Highlands Coffee initially operated as a packaged coffee brand, focusing on high-quality roasted and ground coffee. Following strong market reception, the brand opened its first café in Ho C
Dec 15, 2025


Market share shift of coffee shop brands in 2023
Vietnam's F&B market, in general, and Coffee shop market in particular, had remarkable growth in 2023. By the end of 2023, the dine-in...
Jun 24, 2024


The F&B sector was strengthened by growth in the low-end market
The rapid expansion of foreign food and beverage (F&B) chains in Vietnam was making the domestic market more robust
Jun 7, 2023


The Vietnamese coffee chain market: a delicious "piece of cake"?
With a size of about 1 billion USD, this market has attracted the participation of big players: Highlands, Phuc Long, The Coffee House
Sep 26, 2022
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