Nestlé to Invest USD 100 Million in Coffee Factory in Vietnam

Nestlé to Invest USD 100 Million in Coffee Factory in Vietnam

In January 2024, Nestlé Vietnam announced a USD 100 million investment to increase production capacity at its Tri An coffee factory, located in the southern province of Dong Nai. This will help the company meet growing local and international consumer demand for...
US Chipmaker Nvidia to Set R&D Base in Vietnam

US Chipmaker Nvidia to Set R&D Base in Vietnam

Nvidia confirmed intentions to deepen collaboration with high-tech companies in Vietnam, with a focus on fostering local expertise in artificial intelligence (AI) and digital infrastructure development. The US firm also revealed plans to establish a chip center in...
Tokyo Gas to Construct USD 2-billion LNG Power Plant in Vietnam

Tokyo Gas to Construct USD 2-billion LNG Power Plant in Vietnam

In December 2023, Vietnam granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group for the construction of an LNG-fired power plant in the northern province of Thai Binh, with an estimated cost of around USD 2...