Nestlé channels additional $100mn to expand production in Vietnam

January 12, 2024

The amount will help the firm meet the growing local and international demand for coffee, making Vietnam a high-value coffee production and supply center. The Nestlé Tri An factory currently exports coffee products to some 29 countries across the world. The factory is a testament to Nestlé’s long-term investment commitment in Vietnam, saidn Binu Jacob, CEO of Nestlé Vietnam. A Nestlé representative (first row, C) receives the certificate for the firm’s additional US$100 million investment in its factory in Dong Nai Province, southern Vietnam. In Dong Nai Province alone, Nestlé is currently operating three factories, with Nestlé Tri An being one of the largest production facilities of the firm in the Southeast Asian country.

The source of this news is from Tuoi Tre News