Nestlé Vietnam has announced an investment of nearly VND 1,900 billion (approx. $73 million) to expand its Tri An coffee processing factory in Dong Nai province.

This investment is part of a larger VND 4,300 billion (approx. $165,4 million) capital infusion into the factory during the 2024-2025 period, aimed at enhancing the plant’s production capabilities and technology.

The Tri An factory is one of Nestlé’s most advanced coffee processing facilities, and the expansion will strengthen its role in creating value for Vietnamese agricultural products, especially coffee. With this new investment, Nestlé’s total investment in Vietnam will reach approximately VND 20,200 billion (approx. $777 million).

Binu Jacob, MD of Nestlé Vietnam, said: “Our continuous investment underscores Nestlé’s unwavering confidence in Vietnam’s potential and our long-term commitment to its sustainable growth. As we celebrate over 30 years of contributing to the country’s development, we remain dedicated to investing in human capital, technological innovation and sustainable development."

"We will continue to work together with the country to provide quality nutritional products and create shared value with initiatives that positively impact communities and enhance the lives of all Vietnamese.”

The company’s commitment to sustainable development is evident in initiatives such as the Nescafé Plan, which supports over 21,000 coffee farming households with sustainable farming practices, improving farmers' incomes and reducing water and chemical fertiliser usage.