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

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

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.

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

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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