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Coca-Cola to invest $200 million in Vietnam within three years

(Xinhua)
Updated: 2009-09-07 14:01

HANOI: The chairman of management board cum chief executive officer of Coca-Cola worldwide Muhtar Kent said that Coca-Cola plans to pour an additional $200 million in Vietnam in the next three years, the local newspaper Vietnam Economic Times reported Monday.

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Muhtar Kent unveiled the plan when he made a working visit to Vietnam-based Coca-Cola.

The money will be used to invest in production lines, marketing, staff training and designing new products for the already-set up three plants in Vietnam, said Muhtar Kent.

Vietnam's beverage market has showed great potential for Coca- Cola to do business here, said Muhtar Kent.