Nestlé opens new factory in Vietnam
Global nutrition company Nestlé has opened a new factory in the Thang Long II Industrial Zone in Hung Yen, Vietnam.
The company's new facility is intedned to produce ready-to-drink (RTD) product Milo beverage. The factory is expected to create nearly 200 jobs.
Nestlé's zone Asia Oceania Africa executive vice-president Wan Ling Martello said: “I am proud of the important new investments we are making in Vietnam. It demonstrates Nestlé’s commitment to emerging markets in general, and to Vietnam in particular, especially in the context of a volatile economy.
“Nestlé Vietnam has great performance in the last few years, which is thanks to an ever-expanding consumer market and a favorable business environment. We have a long-term vision and a firm belief in the potential of the country.”
The new facility will enable the company to produce nutritional beverages for consumers in Vietnam. Its opening also underlines the company’s proposal to the development of nutrition, health, and wellness.
Nestlé's Vietnam managing director Ganesan Ampalavanar said: “The Milo factory we have inaugurated today would not have been completed without the support and assistance of many parties.
“I would like to express my gratitude to the authorities, both at the national and the local level, for their continuous support and fruitful cooperation."