Nestlé Vietnam plans to invest $100 million (€91.3 million) in its Tri An coffee factory, located in the southern province of Đồng Nai.
The investment will boost production capacity and help Nestlé meet the growing local and international demand for coffee, the company added.
Coffee Exports
Currently, the food giant's factory in Tri An exports coffee products for Nescafé, Nescafé Dolce Gusto and Starbucks to more than 29 countries all over the world.
Nestlé added that it invested more than $500 million (€456.7 million) in this facility since 2011.
Vietnam is currently the world's second-largest producer and exporter of coffee and an important source of coffee for the food giant.
The company is the largest coffee buyer in the country, with annual purchases reaching up to $700 million (€639.4 million).
Sustainability Programme
Nestlé's sustainability programme for the brand – The Nescafé Plan – was implemented in Vietnam, in the Central Highlands region, in 2011.
The programme supports farmers transitioning to sustainable farming methods, helps rejuvenate coffee plots through the distribution of high-quality coffee plantlets, and protects water resources and biodiversity, the company added.
Nestlé currently operates six factories in Vietnam, focusing on the production of coffee, cocoa malt beverages, cooking aids and water.
The company has been present in the country for nearly three decades and employs around 3,000 people.
PRO Vietnam
In 2019, Nestlé Vietnam and La Vie – Nestlé Waters entered into a partnership with seven other companies to set up PRO Vietnam (Packaging Recycling Organisation Vietnam).
PRO Vietnam will focus on creating awareness about recycling and product segregation among consumers, strengthening the existing packaging collection ecosystem, and supporting recycling programmes.
