The Coca-Cola Company yesterday announced a new system investment of $300 million over the next three years in Vietnam to further capture growth opportunities in one of the world’s major emerging consumer markets.

Muhtar Kent is Chairman of the Board and Chief Executive Officer of The Coca-Cola Company
Muhtar Kent is Chairman of the Board and Chief Executive Officer of The Coca-Cola Company

 

The stepped-up investment, to be commenced from 2013, will ramp up to the total investment of $500 million that Coca-Cola and its bottling partners have committed to Vietnam until 2015.“Vietnam is an important growth market in the Asia Pacific region as we work to achieve our 2020 Vision goal of doubling system revenues this decade,” said Muhtar Kent, chairman and CEO, The Coca-Cola Company, during a visit to Hanoi.

via Vietnam Investment Review – Coverage – Coca-Cola to further invest $300 million in Vietnam.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Lockdowns and Salaries Rise: Footwear Manufacture Shifts from China to Vietnam

While global demand for footwear is growing, Vietnam’s footwear industry is likely to benefit as manufacturers leave China in search of lower labor costs and greater international market access.

8 Regulations and Policies Supporting Startups in Vietnam

Vietnam has been actively pursuing a strong startup sector for over a decade. In doing so it has enacted several policies and initiatives to stimulate growth and entrepreneurship. Here are eight of those policies and initiatives.