11 months Jollibee eyes more expansion in Vietnam Manilatimes |Biz
JOLLIBEE Foods Corp. (JFC) is looking to aggressively expand its presence in Vietnam, similar to what it had done in the Philippines. At a briefing on the sidelines of the listed fastfood giant’s annual stockholders’ meeting in Pasig City last Friday, Jollibee Chief Finance Officer Ysmael Baysa that “if we can have 1,100 Jollibee [stores] here, then we could also have it there [in Vietnam].” To achieve this, Jollibee Chief Executive Officer Ernesto Tanmantiong said the company would open 20 to 30 stores annually.Advertisements
Jollibee also plans to expand its Highlands Coffee coffee-shop chain in Vietnam by adding ... more