In January this year, Nestle announced an additional US$100 million into Nestle’s Tri An factory in the southern province of Dong Nai. This will raise the total investment in the factory to US$500 million.
The new investment will double the factory’s capacity to meet growing global coffee demand, thereby transforming Vietnam into a high-value coffee production and supply centre for the local and international markets.
Currently, Nestle’s Tri An factory exported its products to over 29 countries and Nestle is the country’s largest coffee buyer purchasing more than US$700 million of coffee beans annually. The factory is also Nestle’s largest coffee manufacturing facility in Vietnam.
According to Binu Jacob, General Director of Nestle Vietnam, the new project signifies Nestle’s long term commitment to Vietnam.
Moreover, sustainable coffee production is one of the main pillars of Nestle investment in the country. The factory utilises clean energy and biomass energy, and adopts circular economy in water conservation and waste management. All or 100% of its coffee grounds are converted into biomass energy.
Nestle, the owner of Nescafe and Nespresso brands, has so far made a total investment of US$830 million in Vietnam with 4 factories and 2 distribution centres.
Apart from coffee, Nestle Vietnam also produces bottled water (La Vie), drinking yoghurt (Yogu), Nestea beverages and Milo malt drink.
