Jollibee Hanoi makes it five

Jollibee Hanoi has opened its fifth outlet, taking its Vietnam store count to 81.

“The outlet in To Hieu St in Cau Giay district is a key, strategic location for us to serve customers,” Tran Ngoc Hoai Thuong, PR manager at Jollibee Vietnam, said in an interview.

Earlier, Jollibee Vietnam announced plans to add 20 outlets in the country every year, and that it would seek partners for further expansion through franchising.

Jollibee Foods Corp (JFC), Jollibee’s parent company, has reported that its system-wide sales grew by 15.1 per cent in the second quarter compared to sales for the same period of 2015.

As of June 30, JFC has a 50 per cent  interest in joint ventures with Highlands Coffee (Vietnam, Philippines), Pho 24 (Vietnam, Indonesia, Cambodia, Korea and Australia) and 12 Hotpot (China). It also has a 40 per cent interest in Smashburger that has 366 outlets, mostly in the US.

JFC was operating 2528 restaurant outlets in the Philippines and more than 600 abroad, according to its latest financial report.