MPI to provide best support to Nestlé Vietnam

Nestlé Vietnam managing director Ganesan Ampalavanar presents Deputy Minister of Planning and Investment Nguyen Van Trung with a publication on the firm’s operations in Vietnam

At a meeting with Ganesan Ampalavanar, managing director of Nestlé Vietnam,
Deputy Minister of Planning and Investment Nguyen Van Trung said that the ministry (MPI) would “always give maximum support to Nestlé Vietnam.”

“Nestlé Vietnam employs more than 2,000 Vietnamese workers and helps improve their lives,” Trung said. “The company’s development in Vietnam goes hand-in-hand with that of the country.”

He also stressed that the Vietnamese government has committed to strongly boosting Vietnam’s business and investment climate, in a bid to create a more business-friendly atmosphere.

“Such a climate will also greatly benefit Nestlé,” Trung stressed.

Nestlé currently has a range of over 10,000 products. Since its establishment in Vietnam 21 years ago, the company’s total disbursed investment on the Vietnamese market has increased from $24 million in 1995 to $450 million now, with the establishment of five factories in total.

In March 2016, the company began the construction of its sixth factory in the country, worth $70 million, at Thang Long 2 industrial park located in the northern province of Hung Yen, some 30 kilometres from Hanoi.

Expected to become operational in June 2017, the 10 hectare factory will facilitate the company’s product innovations for local consumption, especially for customers in Vietnam’s northern region.

Employing 300 local workers, the factory is part of Nestlé Vietnam’s strategy to further reinforce its leading position as a nutrition, health, and wellness company.

Trung said that Nestlé’s products in Vietnam, such as MILO and mineral water Lavie, were quite familiar to Vietnamese consumers.

Expressing his sincere gratitude to the MPI and Trung, Ampalavanar said that currently his company faced almost no big difficulties.

“However, we expect that when the necessity arises, we will be supported by the MPI,” he said. “We commit to doing long-term business in Vietnam. Nestlé also has an unbending commitment to enhancing the quality of its Vietnamese consumers’ lives.”

Nestlé Vietnam currently contributes nearly one-fifth of Vietnam’s total export volume of coffee.

In addition to the direct investment in its six factories, the company has also poured millions of dollars into its community-oriented activities in Vietnam, such as providing training courses and seedlings for coffee farmers.

RELATED CONTENTS:
	Nestlé Vietnam breaks ground on $70 million Milo factory in Hung Yen
	Nestlé looking forward to 2016
	Nestlé expands school nutrition programme
	Nestle supports breastfeeding expansion in Vietnam
	Nestlé Vietnam has new general director
	Nestlé Vietnam Ltd. starts marketing campaign to welcome Tet
	Nestlé Vietnam gets ministerial award for environmental achievements