Nestlé Vietnam, 100 million dollars to expand coffee production
The investment will increase the production capacity of the Tri An plant, southern province of Đồng Nai
“Strategic” investment for Nestlé Vietnam which has decided to allocate 100 million dollars to expand the production capacity of its coffee plant in Tri An, in the southern province of Đồng Nai. According to the official statement of the multinational, the investment “will help increase the ability to meet the growing demand for coffee, making the Vietnamese market a center for the production and supply of high-value coffee to domestic and world markets”.
The Tri An plant currently exports products to more than 29 countries around the world including brands such as Nescafé, Nescafé Dolce Gusto and Starbucks: since its foundation in 2011, Nestlé has invested more than 500 million dollars in this plant. Nestlé in Vietnam has six operational plants specializing in coffee, cocoa malt drinks, cooking aids and water: with a presence almost ten years in the country, it currently employs about 3,000 people.
On the other hand, Vietnam, currently the second largest producer and exporter of coffee in the world, plays a key role in Nestlé’s sourcing operations. To date, the group has invested almost 830 million dollars through Nestlé Vietnam Co., Ltd. with 4 factories and 2 distribution centers: in Dong Nai province alone, the company operates 3 plants, including Nestlé Tri An, considered one of the largest production facilities in Vietnam and one of the most modern coffee processing factories in terms of size and technology in the region. Currently, the factory produces products with brands such as Nescafe, Nescafé Dolce Gusto, Nespresso, Starbucks and Blue Bottle.
Related news
Starbucks shakes up RTD lineup with energy drinks
The world’s largest coffee chain is seeking a bigger slice…
Read more >Mondelēz investing $79M in Switzerland Toblerone factory
The snacks maker said the investment will help its goal…
Read more >Ideas from Hungarian youth are also welcome: Nestlé and UNESCO launch a joint global mentoring program for a sustainable future
Nestlé and UNESCO have announced a global partnership to support…
Read more >Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >