Coca-Cola Viet Nam increases investment capital in HN

Chairman of Ha Noi People’s Committee presents licence for Coca-Cola Viet Nam to expand its operation. — Photo cafef.vn

HA NOI — Ha Noi People’s Committee has allowed Coca-Cola Viet Nam Company to raise its investment capital to US$580 million in Viet Nam.

According to a licence granted to the American firm on Tuesday, Coca-Cola Viet Nam will increase its production scale and annual capacity to 790 million litres by 2024 and 1,215 million litres by 2030. The operation period will be limited to 50 years.

Coca-Cola Viet Nam Company began investing in Ha Noi in 1994, with its first project launched in Thuong Tin District.

The United States has 103 projects licensed in the capital city with total registered investment capital of $239.3 million, about 1 per cent of the total foreign direct investment in the city. These projects are mainly in the fields of production, of which engineering occupies the highest volume with 31.3 per cent of total registered capital. — VNS

Tags Coca-Cola vietnam Ha Noi People’s Committee

Work starts on $84.5-million glove manufacturing project in Nam Định

bizhub

Mega trading project starts construction in Đà Nẵng

bizhub

Samsung holds second corporate social responsibility day

bizhub

Growing wine market to be worth US$382 million

bizhub

Taiwan and Việt Nam collaboration in the water treatment sector is promising prosperity

bizhub

Maersk opens its first bonded warehouse in Việt Nam

More on this story

bizhub

Jetstar announces ticket promotion

Budget carrier Jetstar Pacific Airline (JPA) will start sales of one-way tickets priced at VNĐ11,000 (US$0.48) from 11pm on January 27 (Lunar New Year Eve) till February 5.

bizhub

GODACO seafood factory launched

Gò Đàng Joint Stock Company (GODACO) last week put into operation a high-quality seafood processing factory in the An Hiệp Industrial Zone in Châu Thành District of the southern province of Bến Tre.

bizhub

Vietjet to open Hà Nội-Singapore route

Vietjet last week announced a new international route between Hà Nội and Singapore, with tickets priced from VNĐ500,000 (US$20).

bizhub

Dai-ichi Life VN gets OK to up capital

Insurance provider Dai-ichi Life Vietnam has received a licence to raise its capital to US$117 million, from $100 million, so as to invest in new distribution channels in Việt Nam.

bizhub

GODACO seafood processing factory starts operation

Gò Đàng Joint Stock Company (GODACO) on Thursday put into operation its high-quality seafood processing factory in the An Hiệp Industrial Zone in southern Bến Tre Province's Châu Thành District.

bizhub

Vietjet files application for listing on HOSE

Vietjet will float its entire 300 million shares on the bourse, HOSE said in a statement on its website

bizhub

VGG to issue 2.1 million ESOP shares

Việt Tiến Garment Corporation (VGG) will issue 2.1 million shares under the employee stock ownership plan (ESOP) in the first quarter of this year.

bizhub

Sao Khue Awards launched

The Vietnam Software and IT Services Association (VINASA) on Monday launched the 2017 Sao Khue Awards under the sponsorship of the Ministry of Information and Communications.

bizhub

Lotte Mart recognised for successful 2016

Lotte Mart has received several awards for its performance in 2016, including “Outstanding Business” and “Excellent Products and Services to Customers” as well as “Outstanding Entrepreneur” for its general director Hong Won Sik.