Profit after taxes of selected coffee shop chains amid COVID-19 Vietnam 2020

Published by
Minh-Ngoc Nguyen,
Jul 5, 2024
During the COVID-19 pandemic in Vietnam in 2020, the homegrown Highlands Coffee recorded the highest profit among major coffee chains in the country, bagging 80 billion Vietnamese dong after taxes. Meanwhile, coffee chain giant Starbucks had a profit after taxes of five million that year, a significant decrease for the brand in the country.

Profit after taxes of major coffee shop chains during the COVID-19 pandemic in Vietnam in 2020 (in billion Vietnamese dong)

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Release date

July 2021

Region

Vietnam

Survey time period

2020

Supplementary notes

One thousand Vietnamese dong equals 0.044 U.S. dollars and 0.038 euros as of January 2022.

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