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Vietnam coffee chains
Highlands Coffee founder repurchases controlling stake in deal valuing company at $800M
David Thai, founder and CEO of Vietnam's largest coffeehouse chain, Highlands Coffee, will buy back an 11% stake in the company from Jollibee for VND2.3 trillion (US$88.4 million), regaining control of the company he founded almost three decades ago.
Coffee shops multiply despite rising business closures
Restaurant operator Golden Gate reportedly acquires The Coffee House chain
Starbucks eyes new flagship HCMC location with $39,000 monthly rent
Starbucks has chosen the iconic Bitexco building in downtown HCMC for its new flagship store in the city, where rents are estimated at VND980 million (US$39,000) per month.
December 26, 2024 | 03:09 pm PT
Beverage chain The Coffee House closes all Da Nang, Can Tho stores
Tea and coffee chain The Coffee House will stop its business in the cities of Da Nang and Can Tho, seeking to cut costs amid a change in business direction.
August 8, 2024 | 06:48 pm PT
Coffee chains brace for impact as inflation creeps in
Highlands Coffee, one of the largest coffee chains in Vietnam, earlier this month hiked its prices by 10-15 percent. It said that the increase served to maintain product quality amid market fluctuations.
July 7, 2022 | 07:31 pm PT
