Vietnam’s government newspaper Vietnam News reported on 10 August that Nestle was planning to build a $270 million coffee plant in the southern province of Dong Nai. The factory would produce instant coffee, the most commonly produced coffee coming from Vietnam’s mainly Robusta coffee farms, for local use and export. The factory was expected to open by 2013, General Director of Nestle Vietnam Rasid Qureshi, told the newspaper. Qureshi told the paper he was working with the Ministry of Agriculture and Rural Development to improve coffee productivity by promoting better farming practices, while also distributing plants that were higher yielding and disease resistant. The ultimate goal, he said, was to engage with 20,000 Vietnamese coffee farmers within five years. The newspaper noted that from 1995 to 2011, the company has increased its capital investment in Vietnam from $25 million to $75 million, employing over 1500 workers. For more information on Vietnam’s coffee production, see our feature on how the country’s economy is booming thanks to higher prices.
Nguyen Coffee Supply partners with large US grocer
Nguyen Coffee Supply has announced the launch of its packaged Vietnamese coffee beans at more than 400 Albertsons stores, one...
