Nestlé Vietnam recognised for contributions to provincial development and state budget

Nestlé Vietnam receiving the Certificate of Merit from Hung Yen People’s Committee

For several years, the company has been continuously awarded certificates of merit by local and central tax administration agencies for fulfilling its tax payment obligations and contributing to socioeconomic development.

Nguyen Van Phong, chairman of Hung Yen People's Committee said that the global COVID-19 epidemic has negatively impacted every walk of life. The local authority, in collaboration with businesses and entrepreneurs, has made efforts to overcome difficulties and increase the province's regional GDP (GRDP) by 6.83 per cent, the highest growth rate in the country. This once again confirmed the important role of businesses and entrepreneurs in the province's socioeconomic development.

In 2017, Nestlé Vietnam officially launched Nestlé Bong Sen Factory in Hung Yen to optimise its supply chain and bring its food and beverage products to consumers in a short period of time. With its long-term commitment to sustainable development, Nestlé Vietnam continues to expand the factory and double its production capacity. Nestlé Bong Sen Factory’s distribution centre has been equipped with state-of-the-art technology to operate and deliver products.

Nestlé Vietnam has actively developed business and created employment, thereby contributing to the local budget. The company also implement several initiatives to support social security and create common values in the communities where it operates. During the earlier COVID-19 outbreak this year, Nestlé Vietnam has granted more than 30,000 food and nutritional products to Hung Yen province worth VND500 million ($21,740) to support COVID-19 prevention activities and those affected. Besides, through the Ministry of Health, the company donated 12,000 medical masks and KN95 masks to Hung Yen province to support frontline doctors to effectively prevent and combat the disease.

“Over the past 25 years, Nestlé Vietnam has been actively making contribution to Vietnam’s socioeconomic development. We always serve the people and stand beside the country’s fast-paced development. So far, Nestlé Vietnam has invested $600 million in Vietnam,” Binu Jacob, general director of Nestlé Vietnam said.

“We are very happy about the recognition of Hung Yen People’s Committee for our contribution to socioeconomic development and the state budget. The expansion and investment of Nestlé Bong Sen Factory reflects our long-term commitment to the development of Vietnam in general and Hung Yen in particular.”