Coca-Cola invests in Vietnam

Coca-Cola Chairman and Chief Executive Officer Muhtar Kent was in Ho Chi Minh City, Vietnam, last week to announce a $200 million investment in that country during the next three years.

"Vietnam is a very important growth market to The Coca-Cola Co.," Kent said in a statement. "We have already invested more than $200 million in Vietnam, and today in conjunction with our bottler, we have committed to invest additionally $200 million over the next 3 years. We are very optimistic about the future of our business here. We look forward to continuing to play a key role in the development of the economy and the community."

Coca-Cola cited studies that show the company generates 10 additional jobs in industries such as ingredients, packaging, distribution and retailing for every direct Coca-Cola employee in Vietnam. The company returned to the country in 1994, and has bottling plants in Ha Tay, Da Nang and Ho Chi Minh City. In addition to its carbonated soft drinks and Minute Maid products, the company offers local products such as Joy bottled water and Samurai energy drink.

You must login or register in order to post a comment.

Consumers are actively seeking everything from enhanced focus and better information processing, to reduced stress, improved mood, faster learning, effective memory, better adaptability, and enhanced multitasking. This session will review the science behind these ingredients and how they can be added to your formulations to tap into the cognitive support wave.

This important industry event is a learning and information sharing experience for warehousing, distribution and fleet management professionals who will have the opportunity to continue to share ideas and network with their industry peers in a safe and productive format as we continue to navigate these challenging times.