Switzerland: Nestle to invest $100 million to expand coffee production in Vietnam

Global FMCG giant Nestle has announced an investment of $100 million to expand its Tri An coffee facility in the southern Vietnamese province of Dong Nai.

According to the company, the investment will help to meet growing local and international consumer demand for high-quality coffee.

The Nestle Tri An factory exports coffee products from brands such as Nescafe, Nescafe Dolce Gusto and Starbucks to more than 29 countries all over the world.

Nestle has invested more than $500 million in this facility since 2011, including introducing a production line dedicated to manufacturing Nescafe Dolce Gusto coffee capsules in 2018.

The company has been operating in Vietnam for nearly three decades and presently has a workforce of around 3,000 across the country.

Source: Nestle