Nestlé Vietnam invests US$100 million in coffee factory
Nestlé Vietnam has announced a US$100 million (AU$150m) investment to increase the production capacity of its Tri An coffee factory, located in the Đồng Nai province. This will help the company meet growing demand for its coffee.
The factory currently exports coffee products from brands such as Nescafé, Nescafé Dolce Gusto and Starbucks, to over 29 countries around the world. Since 2011, Nestlé has invested more than US$500 million (AU$750m) in this facility.
Vietnam is currently the world's second-largest producer and exporter of coffee and an important coffee origin for Nestlé. The company is claimed to be the largest coffee buyer in the country, with annual purchases reaching up to US$700m (AU$1bn).
Nestlé currently has six factories in Vietnam to produce coffee, cocoa malt beverages, cooking aids and water. The company has been present in Vietnam for nearly three decades, currently employing around 3000 people.
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