The factory, in the city’s Amata Industrial Park, is worth US$270 million and has a productive capacity of 32,500 tonnes of instant coffee per year.
It will create jobs for over 200 employees, providing high quality Nescafe products for the domestic market and for export.
In addition, the company has joined with the Ministry of Agriculture and Rural Development to implement programmes aimed at improving local coffee productivity by offering technical assistance to farmers, distributing high quality coffee seeds, and drafting direct purchasing agreements.
The company has 500 factories in 86 countries around the world, now including five in Vietnam with two in Amata IP.
As well as the coffee manufacturing plant, Nestle has also invested US$56 million in a packing factory in the park.
LG opens new facility in Vietnam Quoc Hung By Quoc Hung - The Saigon Times Daily HCMC - LG Electronics (LG) has inaugurated what is described as its largest complex in the region following the completion of the main building at its Haiphong Campus in Trang Due Industrial Park as part of a US$1.5-billion project. The 800,000-square-meter complex makes TVs, mobile phones, washing machines, vacuum cleaners, air conditioners and in-vehicle infotainment systems for domestic consumption and export. The complex plays a key role in the development strategy of LG worldwide, the company said in a statement released at the official…... [read more]
Coca-Cola opens new facilities in Vietnam Le Hoang By Le Hoang - The Saigon Times Daily HCMC - Global beverage giant Coca-Cola on June 12 announced the inauguration of two new facilities in Vietnam as part of its US$300-million investment planned for this market in the 2013-2015 period. By the end of 2012, Coca-Cola Beverages Vietnam Ltd. had nine production lines across the country. On June 12 saw the firm commissioning four more lines – two for aluminum cans and two for plastic bottles – at the two new facilities of which one is located in HCMC and the other…... [read more]
Cambodia Angkor Air to open new routes to Vietnam Le Anh By Le Anh - The Saigon Times Daily HCMC - Cambodia Angkor Air is preparing to launch Sihanoukville-HCMC and Siem Reap-Danang air routes this summer using ATR 72 aircraft. The Cambodian flag carrier said in a statement that it will start Sihanoukville-HCMC service on June 17, with five weekly flights on Tuesdays, Thursdays, Fridays, Saturdays and Sundays. Its aircraft will take off in Sihanoukville at 12:40 p.m. and land in HCMC at 1:40 p.m. The departure and arrival schedules of the return service will be 2:50 p.m. and 3:50…... [read more]
The Esquel Group of Hong Kong, one of the world's leading producers of premium cotton shirts, on March 19 inaugurated a new garment factory in Vietnam's northern province of Hoa Binh. Speaking at the opening ceremony in Luong Son industrial zone, Deputy Prime Minister Hoang Trung Hai asked the provincial authorities to create favourable conditions to help the factory operate effectively and make quality products, contributing to the integration process of Vietnam's garment industry. The 25 million USD factory in Hoa Binh is the third built in Vietnam by the Esquel Group, following two others in southern Binh Duong and…... [read more]
VietNamNet Bridge - Targeting the middle-class consumer and clients who have demand to travel abroad at low cost, a series of foreign airlines have scored initial success with new air routes from Vietnam. Hoang flew to Tokyo in late March 2016 with Cathay Pacific and had to pay VND9 million for a return ticket. He was satisfied with the airfare, because at that time, the fares offered by air carriers were between VND12 and VND13 million. However, Vanilla Air has begun providing flights, with a one-way ticket, including tax and fee, of VND4 million. “The price now is better than…... [read more]
Trung Nguyen Coffee Group inaugurated a plant, the fifth in its largest and most modern coffee processing facility system in Asia , in northern Bac Giang province on March 28. The G7 coffee plant has an investment capital of more than 30 million USD and will process and package more than 100 tonnes of instant coffee per day in its first stage of operation to meet market demand in the north and for export to China. Its products are also expected to be shipped to the Republic of Korea , Japan and other east Asian markets. The group's G7 coffee…... [read more]
Prime Minister Nguyen Tan Dung on April 22 cut the ribbon to inaugurate Vietnam Dairy Products Joint Stock Company (Vinamilk)'s new powdered milk factory in the southern province of Binh Duong. Built at a cost of nearly 2 trillion VND (96 million USD), the 60,000 sq.m factory is capable of producing 54,000 tonnes of formula a year. It is expected to help stabilise the price of domestic formula, while giving customers access to high quality and cheap milk products. The new factory will bring Vinamilk closer to its 2017 revenue target of 3 billion USD and becoming one of the…... [read more]
The US' Crown Holdings, a leading supplier of metal packaging products worldwide, officially launched a production facility in central coastal Danang on October 30. Crown Danang supplies two-piece cans for Vietnam Brewery Limited Danang, Saigon Beer, Suntory Pepsico in neighbouring Quang Nam province, Coca Cola Danang, Dung Quat Beer in Quang Ngai province, and other beer and beverage companies in central Vietnam. Crown Danang is the largest foreign-invested project in Lien Chieu Industrial Park to date and is expected to draw interest in the park from other foreign investors. Lien Chieu was developed by Saigon-Danang Investment Company under Saigon Invest…... [read more]
HCM City (VNA) - US beverage company Starbucks Vietnam recently announced that it will open two stores this month, bringing its total in the country to 23. The company said that two stores will be opened in Hanoi and Ho Chi Minh City in November. The store in Hanoi will be at Vincom Plaza Pham Ngoc Thach while the store in Ho Chi Minh City will be on Nguyen Van Troi Street. Starbucks opened its first store in Vietnam in February 2013. For Christmas, the company also announces the return of its handcrafted holiday beverages. Along with the special Christmas…... [read more]
The launch of the new direct flights came at an opportune time as businesses can ride on the growing demands DHL Express has launched new direct flight service from its Asian major hubs to Vietnam to benefit exporters. The service will fly from Ho Chi Minh City to Hong Kong, to Bangkok and return to Ho Chi Minh City, providing DHL customers with unprecedented outbound access to the company's Asia Air network hub in Hong Kong. This also improves the throughput to the key Vietnamese trade lanes of Europe and the United States. This new direct flight service underscored DHL…... [read more]