Jollibee opens four new stores in Vietnam

Fastfood giant Jollibee Foods Corp. is setting its sights on making its flagship brand Jollibee among the top quick service restaurants in Vietnam.
Jollibee said in a statement Monday it opened four new stores in the first quarter of year, boosting its store network to 158 branches.

“With Vietnam’s continued economic development and growing population, we see huge growth prospects for Jollibee in the country,” Jollibee chief executive officer Ernesto Tanmantiong said.

“We intend to maximize Vietnam’s huge growth opportunity of the rapidly growing QSR industry in Vietnam, focusing our investment in key cities and developing areas,” he said.