Situated in the Binh Duong province of Vietnam, it denotes a very significant first for Tata Coffee. This is the Company’s third manufacturing plant, after Theni and Toopran in India and is the first one to be set up at an off-shore location. The Grand Opening ceremony was attended by the Party Secrectary of Binh Duong Provice, Chairman of Binh Duong People's committee, Indian Ambassador to Vietnam, Consulate General of India to Vietnam, Tata Coffee Board of Directors, MD & CEO of Tata Global Beverages, Leadership of Tata Sons, Key stake holders, representatives from VSIP and other dignitaries from Binh Duong province. Along with the Vietnam Singapore Industrial Park (VSIP), Tata Coffee Vietnam Company Limited hosted the ceremony at VSIP II Binh Duong. This 5000 MTPA plant has been set up within 19 months from its Ground-Breaking Ceremony (August 16, 2017). The Factory has had an exemplary safety record completing almost a million-man hours construction and commissioning work … [Read more...] about Tata Coffee announces the lauch of their first off-shore coffee production unit at Vietnam
Lixil global manufacturing vietnam company limited
Tata Coffee Limited – Grand opening ceremony of their first off-shore 5000 MT Freeze Dried coffee plant in Vietnam
Situated at the Binh Duong province of Vietnam, it denotes a very significant first for Tata Coffee. This is the Company’s third manufacturing plant, after Theni and Toopran in India and is the first one to be set up at an off-shore location. The Grand Opening ceremony was attended by the Indian Ambassador to Vietnam, Consulate General of India to Vietnam, Chairman of Binh Duong People’s committee, Tata Coffee Board of Directors, MD & CEO of Tata Global Beverages, Leadership of Tata Sons, Key stake holders, representatives from VSIP and other dignitaries from Binh Duong province. Along with the Vietnam Singapore Industrial Park (VSIP), Tata Coffee Vietnam Company Limited hosted the ceremony at VSIP II Binh Duong. This 5000 MTPA plant has been set up within 19 months from its Ground-Breaking Ceremony (16th August 2017). The Factory has had an exemplary safety record completing almost a million-man hours construction and commissioning work with zero harm. The site is … [Read more...] about Tata Coffee Limited – Grand opening ceremony of their first off-shore 5000 MT Freeze Dried coffee plant in Vietnam
Global manufacturers speed up FDI diversion and relocation from China to Vietnam
The Hanoitimes - Vietnam remains an attractive market, stated the report. Trade tensions should bring more FDI into Vietnam and create more jobs as firms move manufacturing from China. US toymakers target Vietnam for production relocation from China Vietnam faces labor shortage due to China’s relocation production Foreign investment keeps flowing to Vietnam amid US-Sino trade spat Global manufacturers are speeding up their pace of FDI diversion and relocation from China to Vietnam as a result of the US – China trade war, according to HSBC in its latest report. Vietnam remains an attractive market, stated the report. Trade tensions should bring more FDI into Vietnam and create more jobs as firms move manufacturing from China. In January, FDI’s total registered capital rose 52% year-on-year and newly registered capital rose 82%, with a large majority of that (US$591 million) going to manufacturing, stated the report. Moreover, the … [Read more...] about Global manufacturers speed up FDI diversion and relocation from China to Vietnam
Nestlé named UN Global Compact LEAD company
Nescafe Plan in Viet Nam has helped coffee farmers increase their incomes by 30 per cent. — VNS Photo Nestle has been recognised as a Global Compact LEAD company by the UN Global Compact, the world’s largest corporate sustainability initiative, for demonstrating ongoing commitment to it and its ten principles for responsible business. Christian Frutiger, global head, public affairs, Nestle, said: "The key to the long-term success of our company is to create value for our shareholders and society. We are proud to be a LEAD company." Nestle joined the UN Global Compact in 2001. The company said its priorities are areas where its business interests align with those of society, like nutrition, especially for children, developing resilient rural communities and conserving natural resources, especially water. In Viet Nam, it has consistently worked towards these principles, it said. It cited the Nescafe Plan launched in 2011, which it said has helped participating farmers in … [Read more...] about Nestlé named UN Global Compact LEAD company
Conference to review 30 years of FDI attraction in Vietnam
Workers examine products at the Japanese-invested Lixil Global Manufacturing Vietnam Co. Ltd in Quang Nam province (Photo: VNA) Hanoi (VNA) – A conference will be held on October 4 to look back on the last 30 years of Vietnam’s efforts to attract foreign direct investment (FDI), said Minister of Planning and Investment Nguyen Chi Dung. Three decades since the Law on Foreign Investment took effect, the FDI sector has increasingly affirmed its pivotal role in the national economy. Dung told the media that the event will review economic achievements and set up new directions for FDI attraction. It will also convey the Government’s message that foreign investment is a crucial part of the economy and that Vietnam will press on with reforming regulations and improving the business climate to support investors. He noted that foreign investment has contributed considerably to Vietnam’s socio-economic development over the last 30 years. This sector has not only … [Read more...] about Conference to review 30 years of FDI attraction in Vietnam