Nestlé adds more investment to expand production in Vietnam
Nestlé Vietnam has decided to invest an additional 100 million USD in its Tri An factory in southern Dong Nai province, lifting total investment capital in the establishment to more than 500 million USD, according to its General Director Binu Jacob.
A coffee production line at Nestlé Tri An factory, Dong Nai province - (Photo: baochinhphu.vn)
Hanoi (VNA) - Nestlé Vietnam has decidedto invest an additional 100million USD in its Tri An factory in southern Dong Nai province, liftingtotal investment capital in the establishment to more than 500 million USD, according to its General Director Binu Jacob.
Jacob said theinvestment aims to double the processing capacity of high-quality coffee productsat the factory, towards meeting the increasing demand for coffee, and turning Vietnaminto a high-value coffee production and supply centre for the global market.
Coffeeproducts produced at the Tri An factory have been exported to 29countries around the world. In addition, Nestlé is also the largest buyer of Vietnamese coffee with total annual purchase from Vietnam hitting up to 700 million USD.
Jacob said thisadditional investment is a testament to Nestlé's long-term investmentcommitment in Vietnam, adding that the factory's productivity is expected to double,meeting the domestic market's demand and effectively exploiting the exportpotential.
Sustainable coffee production is one of Nestlé's importantdirections in Vietnam. Apartfrom investing in production technology, the group's Tri An factory isa pioneer in sustainable development through using clean energy, biomass energy, and applying circular economy in waste management and waterresources conservation.
Each year, the Nestlé Tri An factory can reduce morethan 14,000 tonnes ofCO2 emissions during its coffeeprocessing. In addition, 100% of post-production coffee grounds are reused as biomassmaterials. Wastewater is also treated, recycled,and reused in the boiler, helping the factory save over 112,000 cu.m of waterper year.
To improve the quality of Vietnamese coffee beans,since 2011, the company has implemented the NESCAFÉ Plan in the Central Highlands region, which provides good solutions to sustainablydevelop the Vietnamese coffee industry.
⛦ So far,the Nestlé Group has invested nearly 830 million USD in Vietnam through NestléVietnam Co., Ltd with four factories and two distribution centres. In Dong Nai alone,the firm operates three factories, among them Nestlé Tri An is one of thegroup’s biggest factories in Vietnam./.
“Nestlé Vietnam always makes efforts to realise the goal of “enhancing Vietnamese lives,” Binu Jacob, CEO of Nestlé Vietnam, said in a recent interview with VietnamPlus.
Food and drink producer Nestlé Vietnam has been awarded the golden prize of the 2020 Vietnam National Quality Awards by the Prime Minister for its remarkable achievements in improving product quality, service, competitiveness, effective operation and international integration.
Nestlé Vietnam has been named the most sustainable business in Vietnam in the manufacturing sector by the Vietnam Business Council for Sustainable Development (VBCSD) of the Vietnam Chamber of Commerce and Industry (VCCI).
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A coffee production line at Nestlé Tri An factory, Dong Nai province - (Photo: baochinhphu.vn) 
