||Asean Affairs 12 July 2013
New Nestle factory goes online in Vietnam
Vietnam's largest instant coffee factory, Nestle Tri An, was officially opened in southern Dong Nai province's Bien Hoa city on Tuesday.
The factory, in the city's Amata Industrial Park, is worth US$241 million and will produce 32,500 tonnes of soluble coffee per year.
It will create jobs for over 200 employees and manufacture products for both local consumption and export, to meet growing demand for soluble coffee products in the region.
The factory applies the latest processing technologies to save energy and water.
"By opening this factory in Viet Nam, we will be closer to our consumers and be better able to adapt our products to their needs and preferences," said Wayne England, Nestle Indochina chairman and chief executive officer, at a ceremony to inaugurate the factory in Dong Nai.
The company's aims to optimise its coffee supply chain that includes measures such as increasing direct purchasing from farmers and providing them with free technical assistance.
The company has 500 factories in 86 countries around the world, now including five in Viet Nam.
Nestle trained more than 19,600 coffee farmers in Viet Nam in 2012. The company aims to train about the same number again this year, while distributing two million high-yield, disease-resistant coffee plant.
Nestle is also working with the Vietnamese Ministry of Agriculture and Rural Development in a public-private partnership to help improve farmers' productivity by promoting better coffee growing practices.