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Heineken plans to invest an additional $500 million in Vietnam

Que Anh Monday | 12/12/2022 11:43

Illustration (Photo: Reuters)

During a recent meeting with Prime Minister Pham Minh Chinh, Heineken's top leaders revealed that Heineken the beer maker plans to invest another $500 million in Vietnam.

On his official visit to the Netherlands on December 11, Prime Minister Pham Minh Chinh met with Ms. Ingrid Thijssen, President of the VNO-NCW, and Mr. Dolf van den Brink, the CEO of Heineken Global.

The meeting's organizers provided an update on the group's objectives for commercial expansion and investment in Vietnam while also recommending topics pertaining to tax law. 

Heineken has already invested $1 billion in Vietnam, and it plans to add another $500 million over the next ten years.

The prime minister also praised the joint venture's successful business operations and welcomed its sustainable development strategy, which applies the circular economy to its successful model business in Vietnam.
 
The Vietnamese government is dedicated to traveling with and helping Heineken as it increases its investment and commercial activity. 

According to the prime minister, In order to further strengthen tax policy, Vietnam will continue to research and take into account Heineken's proposal.

The joint venture between Heineken and SATRA in Vietnam has operated successfully for the past 30 years and is one of the first foreign enterprises investing in Vietnam in the field of beer production and distribution, operates 6 factories with more than 3,000 direct employees and creates more than 150,000 indirect jobs.

Source: Mekong ASEAN

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