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Coca-Cola to invest additional $285 million in Vietnam - state media
March 9, 2017 / 3:30 AM / 5 months ago

Coca-Cola to invest additional $285 million in Vietnam - state media

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A truck transports bottles from the Coca-Cola company on the outskirts of Moscow, August 6, 2014.Maxim Shemetov

HANOI (Reuters) - Coca-Cola Co (KO.N) is planning to invest an additional $285 million in Vietnam, state media reported, quoting the company's general director for the country.

The beverage maker's decision highlights its interest in the Vietnam market and may put pressure on its competitors.

With this investment, Coca-Cola's total investment in the country will reach $1 billion.

Coca-Cola officials were not immediately available for comments.

Reporting by My Pham; Editing my Vyas Mohan

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