HOMEPAGE
Hot Properties
ADB: Vietnam’s 2009 GDP growth to be highest in South East Asia
MGM Grand Ho Tram: Vietnam’s First ‘Las Vegas Style’ Integrated Resort
Nha Trang’s Twin Towers project licenced
Foreign investors still have good opportunities in Vietnam
Sierra Wireless gets a foot in Vietnam’s ICT market
INDOCHINA INTERNATIONAL CONSULTING CO., LTD
HO Add: 62L/36 Nguyên Hồng, Ward 11, Bình Thạnh District, HCMC - Vietnam
Biz Office Add: #48 Road No 11, Quarter 6, Hiệp Binh Chánh Ward, Thủ Đức, HCMC - Vietnam
®Source: http://viipip.com should be clearly quoted for any use of information extracted from our website.
Publication permit No: 60/GP-TTĐT , April 05, 2010.
Tetra Pak inaugurates 120m euro carton packaging site in Vietnam
Date: 7/26/2019 10:36:32 AM
Tetra Pak has opened an aseptic carton packaging factory in Vietnam following an investment of €120 million.
Located in Binh Duong province, north of Ho Chi Minh City, the site marks Tetra Pak’s eighth factory in the Asia Pacific region and will serve both the domestic and export markets.
The factory has an expandable capacity of 20 billion packs per annum and currently produces the Tetra Brik Aseptic and Tetra Fino Aseptic packages. There is the possibility of producing more packaging formats from the facility in the future.
“This greenfield investment is a strong testimony of our long-term commitment to Vietnam, contributing to the nation’s economic development, generating employment opportunities and boosting the local industry,” said Adolfo Orive, president and CEO of Tetra Pak.
The site marks Tetra Pak’s eighth factory in the Asia Pacific region.
“This factory is not just a monetary investment for us. It reflects our pledge to be closer to our customers, to serve them faster and better, with greater flexibility and efficiency, and shorter lead times.”
According to Tetra Pak, the liquid food market in Vietnam has been growing at a 6% CAGR for the last three years and is projected to grow at a similar pace during the next three years.
Jeffrey Fielkow, managing director for Tetra Pak Vietnam, said: “This is a proud moment for us, which coincides with yet another historical milestone, as we celebrate the completion of 25 years of Tetra Pak’s presence in Vietnam.
“With the new factory, we feel even more strongly connected to Vietnam and our customers, and even more confident of shaping the future of the industry, together.”
(Source:Bida)
Other news- Vietnam will become a destination for Chinese investors in the future (11/6/2023 1:03:19 PM)
- Thua Thien - Hue: Calling for investment (11/6/2023 1:00:42 PM)
- Hai Phong Planning to establish a series of industrial parks and economic zones (11/6/2023 12:58:13 PM)
- The Fastest Growing Economies In 2024 (11/6/2023 12:56:34 PM)
- Hai Phong reached the target of attracting FDI capital (10/17/2023 5:18:21 PM)
- Long An has 1,215 FDI projects with capital of 10,519 million USD (10/17/2023 8:40:41 AM)
- What do FDI enterprises recommend to the Vietnamese Government? (10/17/2023 8:38:33 AM)
- Vietnams 3 commitments to foreign businesses and investors (10/17/2023 8:35:45 AM)
- Up to now (2023), how much money have Asian tigers invested in Vietnam? (10/17/2023 8:31:59 AM)
- Another semiconductor manufacturer expands in Vietnam (10/17/2023 8:30:44 AM)
- Billions of dollars poured into Vietnamese semiconductor projects (10/17/2023 8:26:09 AM)
- Revealing the reason why Central region continuously invested by giants Foxconn, Goertek... (10/17/2023 8:24:49 AM)
- VIFTA: Vietnam-Israel Boulevard opened (8/28/2023 9:29:44 AM)
- Wistron announced to pour another 24.5 million USD into Vietnam to build a new factory. (8/28/2023 9:28:33 AM)
- Formulate policies to develop the logistics industry (8/28/2023 8:50:54 AM)
NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
