Nestlé reaffirms long-term commitment in Vietnam

July 31, 2012 | 10:57

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Nestlé has reaffirmed its long-term commitment to upgrade the quality of Vietnam-based coffee and increase its investment in Vietnam.

The company will continue to develop sustainable coffee farming in the country in partnership with the Vietnamese Ministry of Agriculture and Rural Development by supporting 24,000 coffee farmer households in Vietnam.

Measures include improving coffee productivity through better farming practices and distributing high-yield, disease-resistant plantlets over the next five years.

“We will continue to contribute and to enhance the lives of people in Vietnam and around the world,” said Nandu Nandkishore, Nestlé’s executive vice president.

The initiative is backed by Nestlé’s global Nescafé Plan which it extended to Vietnam last year.

As part of the plan Nestlé will source 30,000 tonnes of coffee from 16,000 Vietnamese farmers annually, helping them obtain better prices and a steady income.

Moreover, the company will start its new $270 million coffee processing plant in November 2012 and looks set to create 170 new jobs once fully operational next year.

The plant will produce products under the Nescafé brand for both local consumption and export.

Today Nestlé Vietnam offers consumers a variety of products under brands such as Nescafé, La Vie, Milo, Nestea, Lactogen, Nan and Cerelac.

The company operates five factories in Vietnam and employs more than 2,000 people nationwide.

By Hai Long

vir.com.vn

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