PepsiCo Foods Vietnam, a subsidiary of PepsiCo, has broken ground on a new food manufacturing facility in the expanded Dong Van I Industrial Park in Duy Tien Town, Ha Nam Province.
Spanning an area of 8 hectares, the project entails an investment of nearly $90 million from PepsiCo Vietnam. The factory is slated to begin operations in July 2025 and will produce over 20,000 tons of snacks annually.
PepsiCo Vietnam also intends to expand its raw material sources in Ha Nam and other northern provinces by adopting regenerative agriculture and digital technology.
The new PepsiCo facility will harness renewable energy, featuring a rooftop solar panel system and a biomass setup that utilizes local agricultural waste for power generation. This significantly reduces the factory’s carbon emissions and environmental impact.
Once operational, the plant is expected to generate over 1,000 direct and indirect job opportunities in various fields, including production, logistics, packaging, and agriculture…
Just last July, in 2023, Suntory PepsiCo received an investment license for a beverage production facility in the Huu Thanh Industrial Park, Duc Hoa District, Long An Province. This project covers an area of 200,000 square meters and entails a total investment of $185 million, with an expected completion date in the first quarter of 2026.
Inside PepsiCo’s production line.
PepsiCo is a leading global food and beverage company, with its products being enjoyed over a billion times a day in more than 200 countries and territories.
In Vietnam, together with partners, including the Suntory Group, PepsiCo Foods Vietnam currently operates 14 factories and distribution centers, employing approximately 13,000 people. They offer a diverse range of beverage and snack products, including well-known brands such as Lays, Poca, Doritos, Quaker, Pepsi, Aquafina, Sting, and 7 Up…
According to a report on Vietnam’s non-alcoholic beverage market published by Vietdata in 2022, Suntory PepsiCo Vietnam’s revenue showed a continuous upward trend from 2020 to 2022.
In 2020, the company’s revenue exceeded VND 17,200 billion, a slight increase of 1% in 2021, followed by a more significant jump of 36.3% in 2022, reaching over VND 23,700 billion. After-tax profit in 2022 surpassed VND 3,000 billion.
Meanwhile, according to a report by Suntory Beverage & Food, the company’s beverage revenue from the Vietnamese market in 2023 was JPY 143.4 billion (approximately VND 24,305 billion, based on the 2023 exchange rate in the report). Beverage revenue from Vietnam was the highest in the Asia-Pacific region, 1.6 times higher than that from Thailand.
Ha Nam is the second smallest province in Vietnam, covering an area of 861 square kilometers, second only to Bac Ninh, which has an area of 823 square kilometers. As of the end of 2023, Ha Nam’s population was 886,000 people.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
Choose La Mia Bao Loc – Embrace a Fulfilling Life with an Ideal Green Living Standard
Not just a perfect blend of art and inspired Italian-style resort, La Mia Dalat also effortlessly brings each resident to the standards of peaceful living, well-being, and balanced body-mind-soul.
Accelerating disbursement of the 120 trillion VND credit package for social housing
Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by 10% – 50%, while one product grows in both quantity and revenue.
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company’s consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
