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Highlands Coffee | One of Vietnam's largest café chains, under Jollibee

2026.03.26

Article summary
Highlands Coffee was established in 1998, is based in Ho Chi Minh City and is Vietnam's largest café chain. It ran 928 outlets as of September 2025, having grown from 56 outlets to about 1,000 since the Philippines' Jollibee Group took a stake in 2012. EBITDA for Q3 2025 was about 11.3 million dollars, up 17.1% year on year. Jollibee is considering a Vietnam IPO in Q1 2027 that could raise up to 400 million dollars.
This article is based on what we could verify As of August 1, 2026 This article is based on public materials and news reports from Vietnam. Vietnam's tax system, regulations, and administrative divisions change frequently, so information here may have been updated since publication. For actual business decisions, please confirm the latest details with the relevant government authorities or local experts as primary sources.

Highlands Coffee is Vietnam's largest café chain, running 928 outlets as of September 2025. Since the Philippines' Jollibee Group took a stake in 2012, it has expanded rapidly from 56 outlets to about 1,000. EBITDA for the third quarter of 2025 came to about 11.3 million dollars, up 17.1% year on year, with full-year profit of more than 41 million dollars. Jollibee is considering a Vietnam IPO in Q1 2027, and the possibility of raising up to 400 million dollars has been reported. The aim of the IPO is to secure growth capital and to strengthen its position as Vietnam's leading coffee brand.

Company profile

Item Details
Legal name Highlands Coffee
Year founded 1998
Headquarters Ho Chi Minh City
Format Café chains
Official website https://www.highlandscoffee.com.vn/

What it means for Japanese companies

For Japanese companies considering entry into Vietnam's café chain field, Highlands Coffee is a presence worth watching as a competitor or a partner. Vietnamese Café Culture and Vietnam Gen Z Strategy is also worth a look.

Reference Information

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